Natural Gas Price News, 18 August 2023: प्राकृतिक गैस की कीमतें (Natural Gas Price) 2.6% गिरकर $2.553/एमएमबीटीयू हो गईं और सप्ताह के लिए 7.8% कम हैं, जो अगर बरकरार रहती है तो मई के अंत के बाद सबसे बड़ी साप्ताहिक गिरावट होगी।
Natural Gas Prices
European Natural Gas Prices See Volatility Amid Supply Uncertainty, Weak Economic Data
Natural Gas Price Today: European natural gas prices are volatile as uncertainty persists around supply, ANZ Bank said in a Thursday note.
Natural Gas Price Supported by $2.48 key Level — Neal Bhai Reports
Natural Gas Price Today: According to preliminary figures for Natural Gas futures markets from CME Group, open interest and volume went up by around 8.2K contracts and by around 34.2K contracts, respectively, on Wednesday.
MCX Natural Gas Tips Rocking 197 to 216.80 All Target Hit With in 2 Days
MCX Natural Gas tips yesterday settled down by 2.42% at 201.2 as output continues to rise as wells return after Hurricane Delta and on forecasts for less demand this week than previously expected.
MCX Natural Gas Tips – Above 142 Buy Target 158—162 – Neal Bhai
MCX Natural Gas Tips – Above 142 Buy Target 158—162 – Neal Bhai
US shale oil production shut-in announcements have increased materially in the past two weeks. And after the record setting negative WTI contract move on Monday, we are likely to see even more pronounced shut-in announcements in the coming weeks.
Natual Gas High 144.70 Near My 2nd Target Price 158 – Neal Bhai
Natual Gas Price High 144.70 Near My 2nd Target Price 158 – Neal Bhai
NATURAL GAS TRADING TIPS : Natural Gas MCX – Above 114 Target 134—158, Any Panic Buy 500-100 Lots
Natural Gas MCX – Above 114 Target 134—158, Any Panic Buy 500-100 Lots
Natural Gas MCX – Above 114 Target 134—158, Any Panic Buy 500-100 Lots
Natural gas prices moved lower on Thursday, declining slightly more than 2% following a smaller than expected draw in natural gas inventories.
MCX Natural Gas Prices Short Covering Rally, Support Level 149.50
MCX Natural Gas prices settled up 0.33% at 153.2 on forecasts calling for a little colder weather in late January despite a government report showing a smaller-than-expected storage draw last week.
Is There More Hurt Ahead for Natural Gas or Can It Heat Up?
Future prices for natural gas “fell to a one-month low on Friday after plunging more than 12% for the week. The commodity Natural Gas is currently trading around $2.34 per million British thermal units, which is nearly 50% below where it traded a year earlier. It’s down 21% for 2019.”
Natural Gas Strong production combined with a much warmer outlook over next couple of weeks puts bears in firm control of the market
Until more convincing cold starts showing up in the models, downside risk will outweigh upside potential.