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 decline of 2.42%, settling at Rs 298.6. This downturn was influenced by persistently mild weather conditions, projections indicating lower demand than earlier anticipated, and a modest rebound in production levels. As reported by LSEG, the average natural gas output in the contiguous United States has decreased from Read More
Natural gas settled 0.96% lower at Rs 287.5, pressured by expectations of rising production and mild weather conditions that could keep heating and cooling demand subdued. The US Energy Information Administration reported a 64 billion cubic feet storage build for the week ended September 25, reinforcing concerns over comfortable supply levels. US Lower 48 gas 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
