Posted by aditi on 12:14:00 with No comments
Naturalgas trading range for the day is 186.8-204.2. Natural Gas regained 197 level on MCX on fresh buying seen on the back of bearish weather revisions for the next 15 days .Cool temperatures will sweep across the Great Lakes and eastern U.S. toward the middle of the week . Based on data from the NOAA, this year’s extremely warm winter has pushed heating demand for natural gas to nearly 20% below average.
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