🇮🇳 India 1d ago · Dwaipayan Roy

Natural gas prices facing downward trend: Is recovery possible?

NewsBytes
Mobile news platform
View Channel →
Natural gas prices facing downward trend: Is recovery possible?
Source ↗ 👁 1 💬 0
Natural gas prices have been on a downward trend in recent months, despite heightened geopolitical tensions in the Middle East.
The decline comes after a sharp rally at the end of January, which was fueled by colder weather and supply concerns.
Currently, NYMEX natural gas is trading at around $2.68 per MMBtu while MCX natural gas has fallen below ₹260 per MMBtu.

Comments (0)

Sign in to join the discussion

More Like This

Warm-up match: Padikkal, Jadeja headline India's batting performance vs SLCXI
NewsBytes · 1d ago
Ravindra Jadeja slams half-century in warm-up match against SLC XI
NewsBytes · 1d ago
Delhi government's new drone policy might create over 1,000 jobs
NewsBytes · 1d ago
PhonePe says UPI payments will remain free for you
NewsBytes · 1d ago
Why India's premium and luxury homes going unsold?
NewsBytes · 1d ago
FPIs invest ₹12,290cr in first week of August
NewsBytes · 1d ago