Thursday, 25 February 2016

Natural Gas and Crude Oil Report of Commodity Market

Crude oil prices yesterday tumbled down at both the major International benchmarks tracking their individual weaker to negative cues.

March month contract showed losses more than 5.50% registering at Rs.2200/bbl

NG prices yesterday suffered losses more than 1.50% both at NYMEX and MCX.

As per closing basis, NYMEX NG for April month contract registered at $1.829/MMBTu, whereas MCX Ng at Rs.126.80/ MMBTu for March month contract.

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