ZOID RESEARCH-5-DEC-2014 : NATURAL GAS

U.S. natural gas futures fell over 4 percent on Thursday for a fifth down day in a row on a smaller-than-expected storage draw and forecasts for continued warmer-than-normal weather over the next two weeks. The U.S. Energy Information Administration said utilities withdrew 22 billion cubic feet of gas from storage last week. On the MCX, gas prices declined by 3.61 percent and closed at Rs.226.80/Mmbtu.

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