Naturalgas trading range for the day is 212-239.6. - Kedia Advisory
![](https://portfolio.investmentguruindia.com/uploads/news/a33948619f4e38c339c2c422dc35c3a3.jpg)
Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel
https://t.me/InvestmentGuruIndiacom
Download Telegram App before Joining the Channel
Crude Oil
Observations
Crudeoil trading range for the day is 7200-7492.
Crude oil gains driven by OPEC's continued projection of strong oil demand growth.
OPEC stuck to its forecasts for robust growth in global oil demand in 2023 and 2024
World oil demand will rise by 2.25 mbpd in 2024, compared with growth of 2.44 million bpd in 2023
OPEC and its allies, known as OPEC+, began limiting supplies in 2022 to bolster the market.
BUY CRUDEOIL SEP @ 7340 SL 7240 TGT 7440-7540. MCX
Natural gas
Observations
Naturalgas trading range for the day is 212-239.6.
Natural gas climbed on forecasts for warmer weather and higher demand
Prices rose on a big drop in daily in U.S. output
Capping those gains, however, was the ongoing reduction in feedgas to Freeport LNG's export plant in Texas
Meteorologists forecast the weather would remain mostly near normal from Sept. 12-18 before turning hotter than usual.
BUY NATURALGAS SEP @ 225 SL 220 TGT 232-234. MCX
![](https://portfolio.investmentguruindia.com/uploads/news/jul04v89_Wex0B3E.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/religare broking.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/HDFC Ltd.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Zomato07.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Axis Securities Ltd.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Piyush Goyal07.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/jul04v38_zDiylqc.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Prashant Thakur ANAROCK Group.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/jul03v152_BhgJWbe.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Shrikant Chouhan.jpg)
Tag News
![](https://portfolio.investmentguruindia.com/uploads/news/Axis Securities Ltd.jpg)
Buy Gold Above 72500 SL Below 72300 TGT 72800/73100 - Axis Securities Ltd
![Evening Roundup : A Daily Report on Bullion Energy & Base Metals for 04 July 2024 - Geojit Financial Services Ltd](https://portfolio.investmentguruindia.com/uploads/news/Geojit Financial Services.jpg)
![Gold prices rose in Asian trade on Wednesday, seeing some relief as the dollar retreated on some positive comments from Federal Reserve Chair Jerome Powell - HDFC Securities](https://portfolio.investmentguruindia.com/uploads/news/HDFC Securities.jpg)
![Buy Turmeric Aug @ 15900 SL 15600 TGT 16300-16600. NCDEX - Kedia Advisory](https://portfolio.investmentguruindia.com/uploads/news/Kedia Spices Outlook.jpg)