Energy::: The decision taken by U.S. administration to delist Chinese companies from U.S. exchanges has not only hammered the equities but essential commodities too have taken a hit that could be witnessed by some long liquidations in oil market and fall in natural gas prices. This has led to rising tensions in U.S. and China and market veterans are betting that trade deal will have to wait more. On Thursday, Energy Information Administration reported an addition in total stockpiles of natural gas by 81 billion cubic feet till May 15. On hourly scale, MCX Natural Gas has given a breakout of ‘Rising Channel’ that signals for a bearish reversal after a positive consolidated move. The counter is trading below 50-hours Exponential Moving Average. RSI is trading at 34.34 levels showing no signs of divergence and oversold. Stochastic oscillator is hinting for more weakness.