Sell Natural Gas DEC 2022 @ 615.00 SL 630.00 TGT 595.00-585.00.MCX - Kedia Advisory
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CRUDEOIL
Crude oil trading range for the day is 6129-6645.
Crude Oil prices fall as Chinese demand worries linger
U.S. crude oil stocks in SPR fall to lowest level since March 1984 – EIA
Crude stockpiles fell, but gasoline and distillate inventories both rose substantially, alleviating a bit of concern about market tightness
U.S. gasoline stocks rose by 3.1 million barrels in the week to 211 million barrels, the EIA said
SELL CRUDEOIL DEC 2022 @ 6350 SL 6450 TGT 6220-6140.MCX
NATURAL GAS
Natural gas trading range for the day is 578.9-646.7.
Natural gas dropped on a smaller-than-expected draw in inventories last week
Further doubts were looming whether or not Freeport LNG will be able to restart operations next month.
Data showed US utilities pulled 80 billion cubic feet (bcf) of gas from storage
Workers at the largest US rail union voted against a tentative contract deal reached in September
SELL NAT GAS DEC 2022 @ 615.00 SL 630.00 TGT 595.00-585.00.MCX???????
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