SELL NATURALGAS FEB @ 326 SL 332 TGT 318-310. MCX - Kedia Advisory
CRUDE OIL
SELL CRUDEOIL FEB @ 6160 SL 6220 TGT 6070-6000. MCX
Observations
Crudeoil trading range for the day is 6066-6288.
Crude oil dropped as geopolitical concerns eased a bit amid hopes of an end to the Russia-Ukraine war.
US reciprocal tariff recommendations expected in April Ukraine peace talks could pave way for Russia sanctions easing
Global oil demand on the rise, says JP Morgan
NATURAL GAS
SELL NATURALGAS FEB @ 326 SL 332 TGT 318-310. MCX
Observations
Naturalgas trading range for the day is 308-337.4.
Natural gas gained on rising flows to LNG export plants and a drop in daily output.
Freezing wells cut US output over past week US gas production still on track for record high in February
US LNG export feedgas on track for record high in February
