Natural gas prices increased by 2.38% to close at Rs 284, reflecting a favorable market response to reduced production levels and a storage injection report from the U.S. Energy Information Administration that met expectations. The EIA indicated that utilities added 85 billion cubic feet of gas to storage for the week ending May 8, aligning Read More
Natural Gas yesterday settled higher by 2.13% at Rs 263.9 following the U.S. Energy Information Administration’s report of a smaller-than-expected increase in natural gas storage levels, which bolstered bullish market sentiment. Utilities injected 63 billion cubic feet of gas into storage during the week ended May 1, which fell short of market expectations of 74 Read More
Natural gas prices decreased by 2.24%, concluding at Rs 262.1, influenced by near-record production levels and predictions indicating milder weather along with reduced heating demand in the upcoming week. Output across the Lower 48 states has averaged 108.6 bcfd so far in February, an increase from January’s 106.3 bcfd and approaching December’s record of 109.7 Read More
