Natural gas declined 4.62% to settle at Rs 264.5, reflecting the overall downturn in global energy markets following a reduction in geopolitical tensions in the Middle East. Prices experienced downward pressure following Iran’s announcement of a cessation of retaliatory attacks in light of the suspension of US military strikes, which alleviated concerns regarding potential disruptions Read More
Natural gas prices concluded the session at Rs 283.40, with optimistic demand forecasts driven by weather patterns counterbalanced by adequate supply levels and profit-taking activities. Prices received a boost from a significant increase in crude oil and revised projections indicating above-average temperatures throughout the United States until early August, anticipated to elevate electricity consumption for Read More
Natural gas prices concluded the trading session with a 0.25% increase, reaching Rs 275.3. This uptick can be attributed to short covering following recent downturns, which were influenced by increased production, diminished liquefied natural gas export flows, and anticipations that Tropical Storm Bertha would lead to a temporary decline in energy demand along the US Read More
Natural gas prices increased by 2.47%, concluding at Rs 281.70, bolstered by short covering and enhanced demand expectations. Market sentiment improved as forecasts indicated a rise in petrol consumption in the upcoming weeks, supported by heightened feedgas flows to the Freeport LNG export facility in Texas after previous operational setbacks. Fundamental indicators continued to exhibit Read More
Natural gas prices increased by 1.29% to close at Rs 282.7, buoyed by short covering following recent downturns. However, the overall fundamental perspective continues to be shaped by increasing domestic production and diminished demand for LNG exports. Maintenance work at Freeport LNG’s export facility in Texas has continued to restrict gas flows for liquefaction, thereby Read More
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 experienced a decline of 1.25%, concluding at Rs 307.8. This movement was primarily driven by expectations of above-normal storage levels, which overshadowed the support provided by warmer weather forecasts and consistent LNG export demand. Despite forecasts for above-average temperatures through July 23, which are anticipated to elevate cooling demand and enhance gas Read More
Natural Gas prices concluded the trading session with an increase of 1.44%, reaching Rs 310.4. This uptick was bolstered by enhanced flows to US liquefied natural gas export facilities and anticipations of unprecedented electricity demand, driven by forecasts of warmer-than-normal weather across a significant portion of the United States. Despite a slight moderation in temperature Read More
Natural gas prices declined by 0.26% to close at Rs 306, influenced by ample supply, declining crude oil prices, and predictions of milder weather that are anticipated to restrict short-term cooling demand. Despite ongoing forecasts from meteorologists indicating above-normal temperatures throughout the United States until July 16, the projections lacked sufficient strength to alleviate apprehensions 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
Natural gas prices experienced a significant decline of 3.55%, closing at Rs 299. This drop can be attributed to robust storage levels and projections suggesting a weaker demand in the upcoming fortnight compared to earlier expectations. Market sentiment persisted in a bearish stance, even with forecasts indicating warmer-than-normal weather extending into early July. This trend Read More
Natural Gas prices declined by 0.36% to close at Rs 302.1, influenced by a modest rise in daily production and anticipations that storage levels will stay well above seasonal averages. Despite forecasts indicating warmer-than-normal temperatures through early July, which are expected to bolster cooling demand and elevate gas consumption by power generators, the market exhibited Read More
Natural gas prices increased by 3.06% to close at Rs 306.6, driven mainly by enhanced LNG export activity and anticipations of heightened demand due to weather conditions. Market sentiment exhibited an uptick as flows to U.S. LNG export terminals rose by 13.2% week-on-week, achieving a six-week peak of 19.3 billion cubic feet per day. Additionally, Read More
Natural gas prices concluded the session with a slight increase, rising 0.27% to settle at Rs 297.5, bolstered by enhanced demand forecasts and indications of more robust seasonal usage. Market sentiment remained positive as forecasts indicated above-normal temperatures across a significant portion of the United States through late June, which is expected to elevate cooling Read More
Natural gas prices experienced a decline of 3.7%, settling at Rs 294.4. This drop was influenced by expectations that U.S. gas inventories will remain well above seasonal norms, even in the face of robust summer cooling demand. Market sentiment was influenced by a modest rise in daily production and ongoing confidence in sufficient supply availability. Read More
Natural gas prices increased by 0.27% to close at Rs 301.6, bolstered by predictions of warmer-than-anticipated weather throughout the United States in the upcoming fortnight and a steady decrease in production levels. Anticipations of elevated temperatures extending into late June are expected to heighten electricity demand for air conditioning, consequently augmenting natural gas consumption by Read More
Natural gas prices experienced a decline of 4.13%, settling at Rs 308.6. This movement was largely influenced by profit booking following recent gains, alongside a slight uptick in production levels. Market participants responded to the evolving supply and demand dynamics, even as the fundamentals continued to provide a supportive backdrop. According to LSEG, the average Read More
Natural gas prices increased by 2.48% to close at Rs 309.9, bolstered by reduced domestic production levels, anticipations of heightened cooling demand, and short-covering activity in the futures market. Production in the Lower 48 states averaged 108.8 billion cubic feet per day in June, a decrease from 109.7 bcfd in May, which offers fundamental support Read More
Natural Gas prices continued their upward trajectory, closing 0.67% higher at Rs 316, buoyed by predictions of warmer weather throughout the United States and anticipated increases in cooling demand in the weeks ahead. Rising temperatures are anticipated to elevate electricity consumption for air conditioning, consequently enhancing natural gas demand from power generators. With approximately 40% Read More
