Natural gas prices experienced a significant decline of 2.31%, concluding at Rs 329.5. This downturn was largely influenced by forecasts of warmer weather for the initial half of January, which diminished expectations for near-term heating demand. Although meteorologists continue to forecast colder conditions extending through mid-January, with Heating Degree Days surpassing seasonal averages, the short-term Read More
Natural gas prices experienced a modest increase, closing up by 0.14% at Rs 357.9, bolstered by supply disruptions and anticipated colder weather conditions. The market found support following a temporary reduction in gas supplies from Norway’s significant Troll field, attributed to external power supply issues. Capacity restrictions are anticipated to persist for a day, although Read More
Natural gas prices experienced a significant increase, closing up by 3.95% at Rs 352.5, bolstered by predictions of colder weather and an anticipated rise in heating demand in the upcoming weeks. Meteorologists anticipate a steady decrease in temperatures across the country leading up to January 10, as Heating Degree Days are projected to increase from Read More
