For Quick Alerts
ALLOW NOTIFICATIONS  
For Daily Alerts

Natural Gas futures rally on US stockpiles data

By Religare
|

Natural Gas futures rose in the domestic market on Friday after a report said that US gas stockpiles climbed less than expected last week, signaling improving demand for the fuel in the world's biggest economy.

US gas stockpiles rose 65 billion cubic feet in the week ended August 9, 2013, EIA said. Analysts' were expecting a rise of 70 billion cubic feet in gas stockpiles last week.

At the MCX, Natural Gas futures for August 2013, is trading at Rs. 211.80 per mmBtu, up by 2.47 per cent, after opening at Rs. 207.20, against the previous closing price of Rs. 206.70. (At 12:04 PM).

Read more about:
Story first published: Friday, August 16, 2013, 22:50 [IST]
Company Search
We use cookies to ensure that we give you the best experience on our website. This includes cookies from third party social media websites and ad networks. Such third party cookies may track your use on Goodreturns sites for better rendering. Our partners use cookies to ensure we show you advertising that is relevant to you. If you continue without changing your settings, we'll assume that you are happy to receive all cookies on Goodreturns website. However, you can change your cookie settings at any time. Learn more