• Key Event to Watch for Natural Gas is US EIA Natural Gas Storage/Inventory Data Release Today on 07.06.12 @ 08:00 PM IST
Natural Gas Storage Data
Previous : 71B
Forecast/Expected:56B to 58B
Actual : 62B

How to get this Data Real time :  Go to http://commodity20.com/tools/calender/ before 08:00 PM IST, refresh the page at Excact 08:00 PM, You will Be Able to view this Live data..
Past Months Inventory Data’s
Release Date

Actual

Forecast

Previous

May 31, 2012

71.000B

70.000B

77.000B

May 24, 2012

77.000B

76.000B

61.000B

May 17, 2012

61.000B

55.000B

30.000B

May 10, 2012

30.000B

34.000B

28.000B

May 03, 2012

28.000B

31.000B

47.000B

Apr 26, 2012

47.000B

47.000B

25.000B

Our Analysts  expect government data scheduled for release Thursday to show a smaller-than-average build in U.S. gas inventories.
The U.S. Energy Information Administration is expected to report that 57 billion cubic feet of gas were added to storage during the week ended June 1, according to the average prediction of 14 analysts and traders in a Dow Jones Newswires survey.The EIA is scheduled to release its storage data Thursday at 10:30 a.m. EDT.The survey’s median result was 57 billion cubic feet, with a high estimate of a 75-bcf build and a low of a 46-bcf build. The storage estimate falls short of last year’s 81-bcf build in storage for the same week and the 99-bcf five-year average build for that week.

If the storage estimate is correct, inventories as of June 1 will total 2.872 trillion cubic feet, about 31% above the five-year average and 33% above last year’s level for the same week.

: Important Levels : 
  • MCX Natural Gas -June’12 : Support2 :130.60  Support1: 132.10  Ressistance1:135.20  Ressistance2:136.80
  • NYMEX Natural Gas – Jun’12: Support2 :2.360   Support1: 2.386     Ressistance1:2.438   Ressistance2:2.464
Our Morning Call was : Sell Natural Gas @ 133.90,T1:131.90,T2:130.20,Second Sell : 134.90 SL:136
At present Natural gas June MCX : Prices are likely to remain lower for intraday as long as 136 resistance holds. Break below 130 would lead the correction till 127 levels. Those who are holding short position can keep stoploss above 136 levels. CMP 132
Inventory Update :07.06.12 @ 08:02 PM 
Data Impact: Inventories have increased more than expected levels. It might have a slightly negative impact on Natural gas prices. 
EIA Natural Gas Storage Update:
Working Gas in Underground Storage, Lower 48 other formats:  Summary TXT  CSV
Region Stocks in billion cubic feet (Bcf) Historical Comparisons
06/01/12 05/25/12 Change Year Ago (06/01/11) 5-Year (2007-2011) Average
Stocks (Bcf) % Change Stocks (Bcf) % Change
East
1,363
1,325
38
946
44.1
1,016
34.2
West
423
410
13
285
48.4
332
27.4
Producing
1,091
1,080
11
933
16.9
842
29.6
Total
2,877
2,815
62
2,164
32.9
2,190
31.4

Momentum Call,Sell Natural Gas @ Cmp:131.80,T1:128.80,T2:124.80  – www.Commodity20.com  @ 07.06.12 ,08:00:32 PM 

Momentum Call Update : Natural Gas Sell Given @ 131.8,Cmp:128.40,Profit: 3700+ per lot – www.Commodity20.com @ 07.06.12 08:07 PM 

Natural gas June MCX : prices have breached the support at 130 levels and currently hovering below the same suggests further weakness. Supports are seen at 127/124. We suggest selling on pullbacks. CMp 127.5 @ 07.06.12 08:37 PM 

Momentum Call Update 2 : Natural Gas Sell Given @ 131.8,Cmp:126.50,Those who are waiting for Target2 can Book Profit here : 6500+ per lot – www.Commodity20.com @ 07.06.12 11:10 PM

Super Momentum Call: Checkout Our Natural Gas free Call,Sell Given @ 131.80,Low made:124.70, All Targets ware Achieved,Profit:Rs8700+ per Lot – www.Commodity20.com

1 reply
  1. Sumit
    Sumit says:

    Superb Service,i m search the net since months..i find only This website to provide Real Time Data and Their Effect with Tips to….Good Report..

    Reply

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