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Isobel Stephen

Natural-Gas Dips to Biggest Losses in a Month - 2 views

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    "Natural gas briefly sank to its lowest level in a month as forecasts for warmer weather point to lower expectations for heating demand. Natural gas for November delivery is down 12 cents, or 3%, at $3.919 a million British thermal units on the New York Mercantile Exchange." In this article, you can see that because the factor of the environmental conditions (warmer weather) is lowering demand for heating systems, natural gas stock is going down its demand curve - te quantity stays the same while the price lowers.
Cai Z

Weak rupee forces Indraprastha Gas Ltd to raise CNG prices - 1 views

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    As all of IGL's gas sources are dollar-linked, the entire input price is totally dependent on price of dollar vis-a-vis rupee, after a weaker rupee made imports costlier, the supplier of compressed natural gas (CNG)- the Indraprastha Gas Ltd (IGL) in Delhi and adjacent areas increased the price of the green fuel by 5%.
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