Natural gas prices fell to a new two-week low under pressure from high stockpile levels and concerns over demand amid warm weather forecasts.
Prices have also fallen on forecasts for warmer-than-normal temperatures over the next few weeks, which could dent demand for natural gas.
Higher-than-expected storage data has weighed on natural gas, adding to speculation that stockpiles could hit a new record ahead of the winter season.
For more information and accurate MCX Tips, NCDEX Tips ✆ – 0731-6642300
Connect with our social media sites
No comments:
Post a Comment