Natural gas prices decreased by 2.57%, closing at Rs 280.3. This decline was influenced by anticipations of reduced feedgas demand from LNG export facilities, coupled with stronger-than-expected storage injections. Freeport LNG has declared a period of scheduled maintenance at its pre-treatment and liquefaction facilities, set to occur from 10 July through late August. This maintenance Read More
Natural gas prices increased by 2.97% to close at Rs 312, bolstered by short covering amid heightened liquefied natural gas export demand and anticipations of unprecedented electricity consumption, which enhanced market sentiment. A severe heat wave across the United States has led to a notable surge in air-conditioning demand, as temperatures in New York City Read More
Natural gas prices concluded the trading session with a 0.38% increase, reaching Rs 312.9. This uptick was bolstered by enhanced flows to U.S. liquefied natural gas export facilities, alongside predictions of above-normal temperatures that are anticipated to elevate electricity demand for air conditioning purposes. Weather forecasts suggest that above-average temperatures will continue until July 11, Read More
