03-10-2022 11:43 AM | Source: Kedia Advisory
Sell Nat Gas Mar 2022 @ 360.00 SL 375.00 TGT 342.00-330.00.MCX - Kedia Advisory
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CRUDEOIL

Crude oil trading range for the day is 7414-10310.

Crude oil fell as the head of the International Energy Agency said the agency could further tap oil stocks to ease prices.

US oil output expected near record high in 2023 at 13 mn barrels daily: EIA

Iran's chief nuclear talks negotiator returns to Vienna

Libya's NOC lifts force majeure on El Feel oilfield

BUY CRUDEOIL MAR 2022 @ 9400 SL 9200 TGT 9750-9900.MCX

NATURAL GAS

Natural gas trading range for the day is 332.9-363.1.

Natural gas dropped amid prospects of lower weather-driven demand after mid-March and as prices of gas in Europe and Asia fell from records.

U.S. natural gas production and demand will both rise in 2022 as the economy grows

EIA projected that dry gas production will rise to 96.69 billion cubic feet per day (bcfd) in 2022

EU's von der Leyen says have enough gas for this winter

SELL NAT GAS MAR 2022 @ 360.00 SL 375.00 TGT 342.00-330.00.MCX

 

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