Natural Gas ends flat post weekly supplies
data
20/02/2015 08:09
Natural Gas futures ended flat in the domestic market on Thursday as investors and speculators stayed cautious over booking fresh positions in the energy commodity even as forecasts for an arctic chill in the eastern half of the US lifted the demand outlook for the heating fuel.
US supplies fell by 111 billion cubic feet to 2.157 trillion cubic feet in the week ended February 13, 2015, largely in line with expectations.
At the MCX, Natural Gas futures for February 2015 contract closed at Rs 174.30 per 1 kg, unchanged after opening at Rs 175, against the previous closing price of Rs 174.3. It touched the intra-day high of Rs 179.3 till the closing.
20/02/2015 08:09
Natural Gas futures ended flat in the domestic market on Thursday as investors and speculators stayed cautious over booking fresh positions in the energy commodity even as forecasts for an arctic chill in the eastern half of the US lifted the demand outlook for the heating fuel.
US supplies fell by 111 billion cubic feet to 2.157 trillion cubic feet in the week ended February 13, 2015, largely in line with expectations.
At the MCX, Natural Gas futures for February 2015 contract closed at Rs 174.30 per 1 kg, unchanged after opening at Rs 175, against the previous closing price of Rs 174.3. It touched the intra-day high of Rs 179.3 till the closing.
