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 [...]
Continue reading "South Parse: Talking Turkey"
Wednesday, August 13, 2008
By Duncan Sutherland – Exclusive to Gas Investing News Bloomberg reported that NYMEX natural gas futures have lowered to their lowest in six months. The huge decline in the past month is comprised of multiple factors. First, the increased output and stockpiles have reassured traders of supply security. Second, the commodity drawdown has lured hedging [...]
Continue reading "South Parse: August 13"
Monday, August 11, 2008
Iran and Algeria support the formation of a natural gas exporters group like OPEC. Chakib Khelil, Algeria’s minister of energy and mines, said: Gas contract data should be shared among members of the Gas Exporting Countries Forum and producers should have more control over contract terms. Click here for full story
Continue reading "Algeria and Iran want a natural gas ‘OPEC’"
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Tuesday, November 11, 2008