Long Term MCX Natural Gas Target 212—224—254 Buy on Dips
Natural Gas on MCX settled down 1.82% at 194.1 on forecasts for moderating weather and declining heating demand over the next two weeks.
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Natural Gas on MCX settled down 1.82% at 194.1 on forecasts for moderating weather and declining heating demand over the next two weeks.
The U.S. Energy Information Administration reported Wednesday that domestic supplies of natural gas fell by 134 billion cubic feet for the week ended Nov. 16, marking the first weekly decline of the winter heating season.
कच्चे तेल के तेवर ठंडे पड़े हैं। 4 साल की ऊंचाई से ये 25 फीसदी गिर चुका है लेकिन इधर नेचुरल गैस ने अपनी चाल से सबको चौकाया है। इसके दाम 4 साल की ऊंचाई पर है। मतलब क्रूड नरमी दिखा रहा है तो नेचुरल गैस गर्मी। दोनों की चाल एक दूसरे से बिल्कुल उलट।
NYMEX Natural Gas Update – Did You See $5 It’s Rock Hurdel No Cross or Melting Like ICE Still Low $4.25 – 1ST We Told Sell Only Whole World are Buying – See Now Result
अमेरिका में गैस भंडार 15 साल के निचले स्तर पर है। अमेरिका में जोरदार ठंड से गैस की मांग बढ़ी है। अमेरिका से नैचुरल गैस एक्सपोर्ट भी बढ़ा है।
NYMEX Natural Gas Update – Did You See $5 It’s Rock Hurdel No Cross or Melting Like ICE Still Low $4.49 – Same As From 334 NATURAL GAS MCX 334 TO 318
The International Energy Agency (IEA) reported on Tuesday that, 12 years from now, gas will be the world’s second largest energy fuel, after oil. This would be a result of efforts to reduce air pollution and increased use of liquefied natural gas, the agency predicted.
The EIA reported on Thursday that net injections fall lower than the five-year average. Net injections into storage totaled 58 Bcf for the week ending October 19, compared with the five-year average net injections of 77 Bcf and last year’s net injections of 63 Bcf during the same week. Working gas stocks totaled 3,095 Bcf, which is 624 Bcf lower than the five-year average and 606 Bcf lower than last year at this time.
The U.S. Energy Information Administration (EIA) said utilities added 81 billion cubic feet to storage during the week ended Oct. 12, mostly in line with expectations. The build during the week ended Oct. 12 boosted stocks to 3.037 trillion cubic feet, leaving inventories 16.6 percent below the five-year average of 3.642 tcf for this time of year and the lowest for the week since 2003.