Sushil Finance expects crude oil prices to trade on a positive note as stronger US economy is likely to support prices. Brent crude futures ended flat on Friday as improving supply and concerns about tepid demand for oil in Europe and China offset concerns about the Middle East conflicts, while U.S. crude rose on supportive economic data from the United States.
''We expect Natural gas prices to trade on negative note on the back of forecast of mild or mixed conditions for next 10 days,'' it added. U.S. natural gas futures closed up on Friday posting its best week in a month, erasing losses in late trading for a second straight day on bets that cold weather will ultimately lift gas demand for heating.
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