Natural gas and coal prices rally to record peaks as traders brace for winter crunch
Millions around the globe will feel the impact of soaring natural gas prices this winter
Global record high natural gas prices are pushing some energy-intensive companies to curtail production in a trend that is adding to disruptions to global supply chains
Domestic gas price to be revised upwards from October 1
Reliance Industries Ltd will start natural gas production from MJ field - the third that the firm is developing in the eastern offshore KG-D6 block in last quarter of 2022 to raise overall output
There are no reversal patterns on chart and support comes around 268 for natural gas
According to officials in the know, this price is applicable on more than 90 per cent of domestic natural gas production
Government-dictated price for natural gas produced by companies such as ONGC is likely to inch up marginally to $1.82 next week
Total income declines 13.5% YoY to Rs 1,621 cr; firm says it is meeting fuel needs of over 1.2 mn CNG vehicles in NCR through a network of 560 CNG stations
CME has raised margin for silver to push back any more speculative moves
Gold will trade in range until market gets more clarity on the new Joe Biden-administration's policies
After taking support at 200 DMA, natural gas made bullish candle indicating bulls trying to stage comeback
Estimates say a 25.1% fall in natural gas prices, which makes up 50-80% of raw material cost in urea, could lead to a 12% in manufacturing cost; 28 of 31 urea plants in India are gas-based
Natural gas production in India remains a loss-making proposition for most fields after the government cut gas price by a steep 25 per cent, rating agencies said
Cinema and leisure related stocks are expected to trade actively today after the central government announced Unlock 5.0 guidelines
Natural gas price in India touched the lowest rate on record after the government on Wednesday slashed the price by 25 per cent to $1.79, denting revenues of producers like ONGC
This will be the third straight reduction in rates in one year. Prices were cut by a steep 26 per cent to $2.39 per mmBtu in April.
Based on the IGX business model, each member will have to pay for its membership, an annual fee and a transaction fee.
Oil Minister Dharmendra Pradhan will launch the Indian Gas Exchange (IGX) to kickstart natural gas trading
Natural gas gets converted into CNG on compression and is also supplied for lighting cooking stoves through pipes.