Friday, February 20, 2015

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Natural Gas Closed Flat reports 20 February


mcx commodity tips

mcx commodity tipsNatural Gas futures closed flat in the domestic market on Thursday as investors and speculators stayed cautious over booking new positions in the energy commodity even as forecasts for an arctic chill in the eastern half of the US lifted the desired outlook for the heating fuel. US supplies slide by 111 billion cubic feet to 2.157 trillion cubic feet in the week closed February 13, 2015, largely in line with expectations. Natural Gas futures for February 2015 contract ended at Rs 174.30/1 kg, unchanged after opening at Rs 175, against the last ending price of Rs 174.3. It touched the intra-day maximum of Rs 179.3 till the ending.

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