Natural gas prices declined by 0.76%, closing at Rs 248.7, influenced by a storage build that exceeded expectations and predictions indicating milder weather along with reduced demand in the short term. The most recent figures indicated a 50 bcf injection into storage, slightly exceeding expectations, which suggests a favorable supply environment as the sector transitions Read More
Natural gas increased by 2.17% to close at Rs 282.2, buoyed by near-record levels of LNG export flows and revised forecasts indicating colder weather and heightened heating demand in the forthcoming two weeks. In February, the average flows to eight U.S. LNG export facilities reached 18.6 bcfd, nearing the record levels observed in December, thereby Read More
Natural gas prices concluded the trading session with an increase of 2.68% at Rs 352, influenced by mixed weather forecasts that contributed to fluctuations in demand expectations. Commodity Weather Group reported that the first week of February will experience slightly colder-than-normal conditions across the eastern U.S., which is likely to bolster near-term heating demand. This Read More
Natural gas prices experienced an increase, closing up by 1.81% at Rs 326.4, bolstered by anticipations that severe cold weather will significantly elevate heating demand while simultaneously restricting production due to freeze-offs at oil and gas wells. Weather forecasts suggest that temperatures are likely to stay predominantly below normal until February 5, with the most Read More
