Natural Gas prices experienced a decline of 1.67%, settling at Rs 277.10. This decrease was influenced by a larger-than-anticipated build in US storage and predictions of milder weather, which are expected to restrain heating demand as winter approaches. Meteorologists anticipate that temperatures throughout the majority of the United States will stay elevated above the seasonal Read More
Natural Gas settled 0.24% lower at Rs. 292 as warmer weather forecasts across most of the northern two-thirds of the United States dampened expectations for near-term heating demand. Prices encountered downward pressure due to a rebound in production, with output in the Lower 48 states averaging approximately 113.3 billion cubic feet per day in the Read More
Natural gas concluded the trading session with a decline of 3.73%, settling at Rs 304.8. This downturn was influenced by forecasts predicting warmer-than-normal weather extending into early November, which subsequently dampened expectations for heating demand. Mild temperatures through late October are anticipated to restrict both heating and cooling consumption, while diminishing expectations of a robust Read More
Natural gas concluded the trading session with a decline of 1.37%, settling at Rs 316.6. This decrease was primarily influenced by forecasts indicating milder temperatures for October, which diminished expectations for heating demand. This bearish sentiment overshadowed supportive factors such as lower-than-anticipated storage builds, strong LNG exports, and a reduction in domestic production. Mild weather Read More
Natural gas concluded the trading session with a 2.07% increase, reaching Rs 301.2. This upward movement was bolstered by a decline in US production in recent weeks, attributed to disruptions in pipeline operations and heightened flows toward LNG export facilities. Additionally, there are anticipations regarding the return of a liquefaction train at Freeport LNG in Read More
Natural gas settled 0.3% higher at Rs 270.5, buoyed by rising oil prices and anticipated stronger demand in the forthcoming fortnight. However, the increase was tempered by near-record production levels in the US and a storage injection that exceeded expectations. As of August 28, US petrol inventories stood 5.2% above the five-year seasonal average. Meanwhile, Read More
Natural gas prices concluded the trading session with a decline of 2.8%, settling at Rs 260.6. This decrease can be attributed to robust production levels in the U.S. and sufficient storage inventories, which overshadowed the persistent demand influenced by weather conditions in the power sector. Hotter-than-normal weather is anticipated to continue until August 28, which Read More
Natural gas concluded the trading session with an increase of 0.8% at Rs 277.4, even in the face of diminished LNG export flows. This uptick was bolstered by a reduction in domestic production and more favorable demand forecasts, which contributed positively to market sentiment. Gas flows to significant U.S. LNG export facilities have decreased from Read More
Natural gas declined by 2.4%, closing at Rs 268.9, influenced by near-record production levels and predictions of milder weather extending into early March. Above-average temperatures are anticipated throughout a significant portion of the U.S., which will constrain heating demand and enable utilities to maintain higher gas storage levels than what is customary for this season. Read More
