MARKETS VIEW

House Republicans will move ahead this week with legislation to accelerate exports of American natural gas, which supporters fight will aid Europe and Ukraine break their dependence on Russian petroleum as well as cut Moscow’s power in the region.

United States – government could do much at no cost to promote private investment – including authorizing oil and natural gas exports, bringing clarity to the future of corporate taxes and moving forward on trade agreements that open up foreign markets. (Reuters)

“+RIL and Solicitor general Mohan Parasaran’s, who on April 3 tried to defend the Centre’s decision to double the prices of natural gas before the Supreme Court,” AAP said.

Anyway, let’s move to direct main topic… This weak Natural gas is looking downward. Two major resistances are 274.50-288.50
Targets: 264-250 below