Natural gas inventories fell by 124 billion cubic feet to stand at 3,167 billion cubic feet during the week ended Dec. 12, the U.S. Energy Information Administration reported. For full story, click here
Continue reading "Natural gas inventories fall"
Tuesday, November 18, 2008
The squeeze at the pumps has eased up considerably, with the price of a gallon of regular unleaded dipping below $2 locally. For full story, click here
Continue reading "Gas prices dip below $2 for first time since 2005"
Wednesday, November 12, 2008
Export prices for sales of Russian natural gas to European consumers will decline at the start of 2009. For full story, click here
Continue reading "Gazprom: Natural gas prices for Europe to fall in 2009"
Wednesday, November 5, 2008
Oil and gasoline futures slumped amid more signs of economic weakness in the United States. On the New York Mercantile Exchange, gasoline was off nearly 8 cents a gallon at $1.3625 US. Victor Shum, an analyst at Purvin & Getz in Singapore, said: I expect continued downward volatility in oil prices, and also a near-term price [...]
Continue reading "Gas prices Fall on futures markets"
Friday, October 31, 2008
New York Mercantile Exchange November Natural Gas futures fell due to more than expected rise in inventory and weak oil prices weighed on gas prices. December natural gas ended at $6.431, down by 5.11%. For full story, click here
Continue reading "November Natural Gas futures ends low"
Wednesday, October 29, 2008
Gas prices will fall below $1 when prices are adjusted at midnight as observers expect prices to decline by at least two cents. For full story, click here
Continue reading "Gas prices set to decline"
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Friday, December 19, 2008