BUY NATURALGAS FEB @ 300 SL 295 TGT 305-310. MCX - Kedia Advisory
Crudeoil
BUY CRUDEOIL FEB @ 5670 SL 5600 TGT 5760-5820. MCX
Observations
Crudeoil trading range for the day is 5412-5914.
Crude oil gains after Russia's Deputy Prime Minister Alexander Novak said that demand will be gradually rising in March and April.
Russia's Novak said Russia had sufficient volumes of fuel and even enjoyed a fuel surplus.
OPEC+ agreed to keep its oil output unchanged for March at a meeting. IEA revised its 2026 global oil demand growth forecasts higher, suggesting a slightly narrower surplus for the market this year.
Natural Gas
BUY NATURALGAS FEB @ 300 SL 295 TGT 305-310. MCX
Observations
Naturalgas trading range for the day is 278.1-318.3.
Natural gas rose as the amount of gas flowing to LNG export plants increased.
Daily output recently hit 111.6 bcfd, the strongest since January 20. LNG export flows remain strong, near record levels,
limiting how far prices may fall despite the improving supply picture.
Meteorologists projected weather across the country would remain mostly colder than normal through February 14.
