ZOID RESEARCH 15-JULY-2014 : NATURAL GAS

U.S. natural gas futures closed nearly unchanged on Monday as forecasts for continued moderate weather and another expected large build in stockpiles calmed concerns over low inventory levels. Natural gas prices have declined steadily from $4.75 per mmBtu hit in mid-June and on Friday hit the lowest level since January, in part because inventories have grown more quickly than expected after a cold winter left low levels of gas in storage. On the MCX, NG prices declined by 0.44 percent and closed at Rs.249/MMbtu

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