United States Natural Gas Fund, LP closed yesterday at $15.05. So far UNG has hit a 52-week low of $14.16 and 52-week high of $63.89. For full story, click here
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Thursday, April 16, 2009
U.S. oil and natural gas drilling activity dropped to 2004 levels in the first quarter, the American Petroleum Institute said Wednesday. For full story, click here
Continue reading "Gas drilling in U.S. sinks to a 5-year low"
Monday, August 25, 2008
Natural gas prices declined to a new six-month low on Monday, raising the chances for a third-consecutive winter of discontent for drilling levels. Duncan Robertson, a managing partner with Calgary-based markets analysts SBM Inc, said: Without a catalyst in the form of extreme weather the leading indicators are all pointing downward. For more information, click here
Continue reading "Natural gas price dive to six month low"
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Monday, April 20, 2009