01-01-1970 12:00 AM | Source: Kedia Advisory
Naturalgas trading range for the day is 184.2-200.6 - Kedia Advisory
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Crudeoil 

*Crudeoil trading range for the day is 6030-6230

*Crude oil dropped amid jitters about a U.S. economic downturn

*U.S. economic growth slowed by more than expected in the first quarter.

*Russia says OPEC+ sees no need for further oil output cuts

*U.S. crude oil and gasoline inventories fell more than expected last week

 

Naturalgas

*Naturalgas trading range for the day is 184.2-200.6

*Natural gas gains amid steady demand over the next two weeks

*The amount of gas flowing LNG export plants remained on track to hit a record high for a second month

*US utilities added 79 billion cubic feet (bcf) of gas into storage

*Last week's increase boosted stockpiles to 2.009 trillion cubic feet (tcf), 525 bcf higher than last year at this time

 

 

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