Watch MCX Natural Gas Enjoy or Not 161 To 166.80 Boom Boom, I Told You Buy 500-1000 Lots – Neal Bhai
U.S. natural gas prices have collapsed since the end of winter, even as inventory levels remain below average levels for this time of year.
U.S. natural gas prices have collapsed since the end of winter, even as inventory levels remain below average levels for this time of year.
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.
I believe that rallies are still to be sold, as the $5.00 level should be massive resistance. If we can break above there, then I think the market would take off to the upside very violently, but I think it’s very unlikely to happen.
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।
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.
Natural Gas Tips Update — Watch High 226.30 Boom Boom Neal Bhai Again Hit
Read More : MCX Natural Gas Alert – Above 215 Buy on Dips Target 227—232 – Neal Bhai Reports
We estimate that aggregate demand for American natural gas (consumption + exports) totaled around 535 bcf for the week ending September 21 (up 7.0% w-o-w and up as much as 13.0% y-o-y). The deviation from the norm stayed positive and actually surged from +22% to +32% (see the chart below).