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2025-10-07 10:11:38 am | Source: Kedia Advisory
Buy Natural Gas OCT @ 298 SL 294 TGT 302-306. MCX - Kedia Advisory
Buy Natural Gas OCT @ 298 SL 294 TGT 302-306. MCX - Kedia Advisory

CRUDEOIL

SELL CRUDEOIL OCT @ 5520 SL 5600 TGT 5420-5350. MCX

Observations

Crudeoil trading range for the day is 5392-5580.

Crude oil prices gained amid lower-than-expected OPEC+ output hike OPEC+ will add oil output from November by 137,000 bpd.

Ukraine continued to intensify its attacks on Russian energy facilities.

Geopolitical tensions and cautious OPEC+ policy support bullish oil sentiment

 

NATURAL GAS

BUY NATURALGAS OCT @ 298 SL 294 TGT 302-306. MCX

Observations

Naturalgas trading range for the day is 289.9-314.9.

Natural gas ended with gains amid supply and demand cues

EIA storage report shows smaller-than-expected build of 53 bcf

Total inventories at 3.561 tcf, slightly above last year’s level

Lower 48 output eases, LNG exports reach record high

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