Gold Silver Reports – Israel to Export Natural Gas to Egypt in $15 Billion Deal — The lead partners in Israel’s largest gas fields said they signed a $15 billion export deal with Egypt, adding an economic dimension to what until now has been a security-focused relationship between former regional rivals.
Natural Gas
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Natural Gas: Any Panic Buy Truck Load Natural Gas Stop Same 162 (Closing Basis Stop Loss) For Big Target — 172 — 178 — Till Expiry 195 Possible.
Natural Gas MCX: Any Panic Buy Truck Load Natural Gas Stop Same 162 (Closing Basis Stop Loss) For Big Target — 172 — 178 — Till Expiry 195 Possible.
Natural Gas MCX Buy on Dips, Target 177— 182
Gold Silver Reports – Natural Gas MCX settled up 1.06% at 172.40 on aggressive short-covering and speculative buying as support seen after a week-end cold blast over key U.S. demand areas is helping to drive natural gas prices sharply higher.
China Exceeds Target for Household Gas Projects
Gold Silver Reports – China’s Ministry for Environmental Protection (MEP) said it had completed coal-to-gas and coal-to-electricity projects for 3.9 million households or 25,220 villages, exceeding a target of 3.1 million houses for 2017 in northern Chinese regions.
Natural Gas MCX Short Covering, Support Zone Level 171—168
Gold Silver Reports – Technically Natural Gas MCX market is under short covering as market has witnessed drop in open interest by 7.92% to settled at 19436 while prices up 1.2 rupees.