26-03-2024 11:01 AM | Source: Kedia Advisory
buy crudeoil APR @ 6750 SL 6650 TGT 6850-6950. MCX - Kedia Advisory

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Crude Oil

Crudeoil trading range for the day is 6681-6945.

Crude oil prices rose on concerns over tighter global supply

Russia's Kuibyshev oil refinery halts primary unit after drone attack

Money managers raised their net long U.S. crude futures and options positions – CFTC

The U.S. oil rig count fell by one to 509 last week

BUY CRUDEOIL APR @ 6750 SL 6650 TGT 6850-6950. MCX

 

Naturalgas

Naturalgas trading range for the day is 146.3-155.1.

Natural gas eased on forecasts for milder weather over the next two weeks

Freeport LNG said it anticipates two of the three liquefaction trains at its export plant will remain out of service

US natgas rig count fell 4 at 112

Gas output in the Lower 48 U.S. states fell to an average of 100.2 billion cubic feet per day (bcfd) so far in March

BUY NATURALGAS APR @ 148 SL 144 TGT 153-157. MCX

 

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