SELL NATURALGAS FEB @ 356 SL 362 TGT 348-342. MCX - Kedia Advisory
Crudeoil
Observations
Crudeoil trading range for the day is 5770-6266.
Crude oil rose as US warnings on Iran nuclear talks raised fears of supply disruptions.
U.S. crude oil producers were bringing wells back online following a severe winter storm that swept across the country over the weekend.
Kazakhstan's energy minister said that the Central Asian country is likely to be within the OPEC+ quotas due to an oil output decline.
IEA revised its 2026 global oil demand growth forecasts higher, suggesting a slightly narrower surplus for the market this year.
SELL CRUDEOIL FEB @ 6060 SL 6160 TGT 5950-5850. MCX
Naturalgas
Observations
Naturalgas trading range for the day is 334.1-372.3.
Natural gas rose as mixed weather forecasts kept demand expectations uncertain.
US energy firms withdrew 242 billion cubic feet of natural gas from storage in the week ended January 23, 2026, more than expected
US gas production rebounded to about 102.1 bcfd as output returned following storm-related disruptions.
Meteorologists projected weather across the country would remain mostly colder than normal through February 11.
SELL NATURALGAS FEB @ 356 SL 362 TGT 348-342. MCX
