Natural gas futures slip the most in two months after a government report showed a bigger-than- estimated surge in U.S. stockpiles. For full story, click here
Natural-gas futures have finished lower Thursday after U.S. government data showed a bigger-than-expected build in gas inventories last week, adding to already-ample supplies as weak demand and mild weather continue to pressure prices. For full story, click here
Natural gas futures have advanced above $4 for the first time in six weeks on prospects for stronger demand, after a government report raised speculation that the slump is easing. For full story, click here
Natural-gas futures touched a 6½-year low before bargain-hunters came in and futures increased a bit. Tim Evans, analyst with Citi Futures Perspective in New York, stated: A lot of the influence on natural gas today has been the performance of the crude market. For full story, click here
U.S. natural gas futures surged more than 5 percent on Thursday, lifted by a larger-than-expected weekly drawdown from winter inventories and a big jump in crude futures. For full story, click here
Natural-gas futures moved lower, with a bigger-than-expected buildup in last week’s U.S. supplies setting the market up for a weekly price loss of nearly 8%. For full story, click here
By Duncan Sutherland – Exclusive to Gas Investing News Market news What else can be said about the natural gas market? Futures seem to have reached a rough stabilization in the US$6.50 – US$7.50 range, and winter approaches. Barring a major depression of the sort where people make shoelace soup, winter means more demand for [...]
By Duncan Sutherland – Exclusive to Gas Investing News Market news The high US$6 – mid US$7 NYMEX future price seems to be relatively stable given the incredible volatility of other commodities and market indices. Though this stability is preventing gas investors from riding the same emotional rollercoaster that most other investors have boarded, it [...]
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 [...]
NYMEX natural gas futures spiked more than 6 percent. Those gains in commodity prices gave equity investors with incentive to buy energy stocks, which have taken a beating in recent times. For full story, click here
Thursday, August 6, 2009