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Energy import decreasing in U.S. and China rises but NG hit 2 years Top

mcx natural gas

First – know what will happen in MCX Natural gas for today & tomorrow, look below chart:

natural gas chart tips

We know well, China natural gas production increasing in March to top in last two years and Gov. Data showed that natural gas utilization in China hit almost 170 billion cubic meters last year. United State domestic natural gas prices are falling by a lack of upward income stress.

EIA (Energy information administrator) said, “China passed the United States as the world’s top importer of oil products.” If you don’t believe, look below chart with forecast:


As you can see China rising utilization and the United States’ short output “INSTANT STATIC REPORT” which creates by national development said same thing that from March 2013 natural Gas production arrived at 11.2 billion cubic meter and U.S at 1.6 %.

The world’s biggest energy user wants a natural gas booming to speedy transformation in the U.S and that’s the reason China has revolution envy.

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Mr.Dev, has been in the forex and commodity markets since 1997. He’s one of the few non-biased investment advisors to have correctly called the current bull / bear market before it began and to have positioned his clients accordingly. As a result of his accurate forecasts on Indian commodity markets & currency, he is becoming increasingly more renowned. Mr.Dev has been quoted in many of the newspapers. He is a highly recommended technical analyst by many of the local financial newsletters and advisory services. He also is founder of commodity profit sharing service on Moneymunch.

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