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CRUDEOIL

Crude oil trading range for the day is 9169-9737.

Crude oil gains on expectations of solid demand and low inventories.

U.S. crude output and petroleum demand to rise in 2022 – EIA

OPEC+ efforts to boost oil output 'not encouraging', UAE minister says

Goldman raises Brent price outlook on unresolved supply deficit

SELL CRUDEOIL JUN 2022 @ 9650 SL 9800 TGT 9400-9200.MCX

NATURAL GAS

Natural gas trading range for the day is 606.1-788.7.

Natural gas dropped on reports of a fire at the Freeport liquefied natural gas (LNG) export plant in Texas.

U.S. natgas output, demand to hit record highs in 2022 – EIA

Average gas output in the U.S. Lower 48 states fell to 94.7 billion cubic feet per day (bcfd) so far in June from 95.1 bcfd in May.

The U.S. EIA said utilities added 90 billion cubic feet (bcf) of gas to storage during the week ended May 27.

SELL NAT GAS JUN 2022 @ 700.00 SL 730.00 TGT 660.00-640.00.MCX

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