Oil&Gas Index saw selling pressure
Oil&Gas Index were witnessing selling pressure. For full story, click here
Oil&Gas Index were witnessing selling pressure. For full story, click here
Anil Ambani’s Reliance Natural Resources (RNRL) has strongly criticised the government for fixing the selling price of gas from Reliance Industries’ (RIL) Krishna Godavari (KG) basin at $4.2 per million metric British thermal unit (mmbtu). For full story, click here
Natural gas prices also declined during the first half of October. Natural gas closed at $7.728 per million British thermal units (mmBtu) on Oct. 1 on NYMEX and declined $1.136 – 15 percent – to $6.592 per mmBtu . For full story, click here
Natural gas prices in Georgia sank this month, following a national trend of falling energy prices. Defying the market’s usual cold weather logic, long-term contracts are going for bargain prices, as long as customers choose the right marketer. For full story, click here
Natural gas inventories fell by 124 billion cubic feet to stand at 3,167 billion cubic feet during the week ended Dec. 12, the U.S. Energy Information Administration reported. For full story, click here
Natural Gas prices are likely to trade sideways down, as weak oil prices can weigh on gas prices. MCX Dec contract has support at Rs. 252 levels & resistance at Rs. 266.50 levels. For full story, click here
Shares of oil & gas companies moved higher after the oil ministry said that there has been on decision on rate cuts in oil prices as of now. BSE Oil & Gas Index was up over 3 per cent. For full story, click here
The company that distributes natural gas in Nova Scotia is arguing its case for a rate increase. For full story, click here
Shares of oil&gas companies moved higher after the oil ministry said that there has been on decision on rate cuts in oil prices as of now. BSE Oil&Gas Index was up over 3 per cent. For full story, click here
Compared to the 43 per cent erosion in the Sensex since mid-August, the IGL stock has shed just 7 per cent with a low of Rs 98 and a high of Rs 121. For full story, click here
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