Monday, June 23, 2014

ZOID RESEARCH 24-JUNE-2014 : NATURAL GAS


U.S. natural gas futures dropped to the lowest price in nearly a month on Monday after revised weather forecasts for July turned cooler, raising the prospect for increased gas injections that will boost depleted gas stockpiles before next winter.

On the MCX, natural gas prices declined by more than 2 percent in line with fall in international markets and closed at Rs.267.70.

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