Thursday, February 3, 2011

Sure Shot Natural Gas Tips


Sure Shot Natural gas Future for February contract is trading at Rs. 200.40 per mmbtu, down by 0.20%, after opening at Rs. 200.90 against the previous close price of Rs. 200.80. (At 11:08 AM today).

Natural gas for February contract is trading at Rs 201.20 against Previous close price of Rs 200.80 (up by 0.20%). (At 2:46 P.M today)

Natural gas for February contract is trading at Rs 201.50 against Previous close price of Rs 200.80 (up by 0.35%). (At 5:02 P.M today)

Natural gas futures prices are trading with a positive note in the domestic market due to tracking firm global cues. It climbed for the third day in four days in New York on expectation of below normal temperatures in the Midwest that boosted the demand outlook for heating fuel in U.S., world’s largest energy consumer nation.

Today, natural gas prices will take cues from the global market as The Energy Information Administration (EIA) has scheduled to release natural gas inventories report at 09:00 PM IST. 

Natural gas Future for February contract is trading at Rs. 202.80 per mmbtu, up by 0.70%, after opening at Rs. 202.00 against the previous close price of Rs. 201.40. (At 11:11 AM today).

Natural gas for April contract (0.97%), Crude oil for February contract (0.80%), Crude oil for March contract (0.77%) and Natural gas for February contract (0.70%). (At 11:22 AM today).

Natural gas futures prices surged in the domestic market and traded with positive note on the back of tracking global cues. It climbed for the third day in four days in New York on expectation of below normal temperatures in the Midwest that boosted the demand outlook for heating fuel in U.S., world’s largest energy consumer nation.

Today, natural gas prices will take cues from the global market as The Energy Information Administration (EIA) has scheduled to release natural gas inventories report at 09:00 PM IST. The Department may show that stockpiles dropped 187 million cubic feet last week, more than the five- year average drop of 165 billion. If inventories are low, this will lead to increases in natural gas prices. If inventories are rising, this may push down natural gas prices.

The Department may show that stockpiles dropped 187 million cubic feet last week, more than the five- year average drop of 165 billion. If inventories are low, this will lead to increases in natural gas prices. If inventories are rising, this may push down natural gas prices.

Natural gas Future for February contract is trading at Rs. 202.80 per mmbtu, up by 0.70%, after opening at Rs. 202.00 against the previous close price of Rs. 201.40 at MCX. (At 05:00 PM today).

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