Buy Nat Gas Oct 2021 @ 420.00 SL 408.00 TGT 432.00-438.00.MCX - Kedia Advisory
Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel
https://t.me/InvestmentGuruIndiacom
Download Telegram App before Joining the Channel
CRUDEOIL
Crude oil trading range for the day is 5462-5710.
Crude oil gained on expectations that OPEC ministers will maintain a steady pace in raising supply.
Iraq oil exports for September are based on the average price of $72.6 per barrel
Russia's offline primary oil refining capacity in October is seen at 3.464 mln tonnes, up 9.1% from last weekly forecast
OPEC+ considers options for releasing more oil to the market
SELL CRUDEOIL OCT 2021 @ 5650 SL 5740 TGT 5550-5490.MCX
NATURAL GAS
Natural gas trading range for the day is 393.1-459.5.
Natural gas fell on expectations the United States will have enough gas supplies for this winter.
The U.S. Energy Information Administration said utilities added a bigger-than-usual 88 billion cubic feet of gas into storage during the week ended Sept. 24.
That price decline came despite continued strong demand for U.S. LNG exports due to dangerously low gas stockpiles in Europe
Prices in Europe and Asia soared to fresh records that were over five times higher than U.S. prices.
BUY NAT GAS OCT 2021 @ 420.00 SL 408.00 TGT 432.00-438.00.MCX
To Read Complete Report & Disclaimer Click Here
Views express by all participants are for information & academic purpose only. Kindly read disclaimer before referring below views. Click Here For Disclaimer
