Thursday, 5 March 2015

Energy News In Commodity Market

Crude trade ranged to positive manner for most part of the day while recorded good gains in later half. NYMEX April contract crude rose 2% to $51.50 per barrel mark whereas MCX crude for March contract gained 0.8% to Rs 3160 per barrel .Brent crude was marginally lower by 0.75% to $60.60.

Natural Gas NYMEX contract for April expiry advanced by around 2% yesterday to $2.77 per MMBTU

NG Mar expiry at MCX too gained by around 2.4% to Rs 173 per MMBTU while Rupee depreciation further supported the positive move locally.

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