Tuesday, 23 December 2014

Natural Gas and Crude Oil News For Today

Natural gas commodity slid almost 9% on Monday to settle at $3.144/MMBTU. Also, locally the December future ended down by 9% to settle the day at Rs. 200.50/MMBTU.

This morning WTI oil grade is seen trading at $56.15, up by 1.52%. We believe generally it has been noticed that the Asian and the Europeans are selling the counter from higher levels which is helped by the US traders to pull down and next day morning the formers book the profit hence we see a recovery in the prices.

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