Wednesday, 21 January 2015

Energy News for Today

Crude oil moved sharply lower on Tuesday in the US with the commodity sliding down 4.7% to $46.50 per barrel with the US markets accounting for two straight day’s of losses in the international markets.

Natural Gas Feb contract at NYMEX markets shut lower by nearly 9.5% to $2.83 per MMBTU as markets came back after a day holiday on Monday.

NG for Jan expiry contract at MCX too lost 3.7% to Rs 174 per MMBTU.

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