Natural gas prices rose 0.082 cents
Natural gas prices rose 0.082 cents to $4.238 per million British thermal units. For full story, click here
Articles Tagged "rise"
Isramco shares were 7.2 percent higher
Isramco shares, which have soared 736 percent since the start of the year, were 7.2 percent higher on Wednesday morning compared with declines of over 2 percent in the broader market. for full story, click here
ONGC shares rose 24 rupees, or 3.7 percent
ONGC rose 24 rupees, or 3.7 percent, to 675.10. India’s biggest explorer said oil will return to $100 a barrel, justifying its 1.4 billion-pound ($2.1 billion) takeover of the U.K.’s Imperial Energy Plc. For full story, click here
Tokyo Gas Shares rise to One-Month High
Shares of Tokyo Gas Co, the Japanese natural gas distributor, rose to a one-month high after it predicted a full-year profit, reversing an earlier loss forecast. For full story, click here
Natural gas stocks rise
Energy stocks rose with the broad market, with a less-than-expected fall in GDP giving a lift to shares of natural gas producers and oil service firms, even as oil majors Exxon Mobil and Royal Dutch Shell lagged. For full story, click here
South Parse: October 15
By Duncan Sutherland – Exclusive to Gas Investing News Market News: It seems as if natural gas futures have hit a band of support in the $7.25-$7.50 range, which is good news for investors as winter approaches. Structural factors suggest that natural gas will become dearer in winter, especially if the current low prices have [...]
South Parse: August 26
By Duncan Sutherland – Exclusive to Gas Investing News Market news Ouch! Natural gas futures are hovering at six-month lows, in the mid-high US$7 range, on the NYMEX. Down by almost half their values in July, futures contracts reflect a growing conventional wisdom that demand is not going to keep up with American production “rising [...]
15 Percent jump expected in natural gas price
Metropolitan Utility District officials predicted that natural gas prices will rise by 15 percent for the cold season. MUD’s Jim Knight said: For one, the high price of oil affects natural gas prices. For more information, click here
South Parse: August 5
By Duncan Sutherland – Exclusive to Gas Investing News The tropical storm Edouard made landfall near Galveston Tuesday, with wind speeds approaching hurricane status. Prompted by fears of the storm, oil and gas companies in the Gulf evacuated 23 platforms, or “3.2% of the 717 manned platforms” in the region accounting for 7.21% of natural [...]
Natural gas prices set to rise
A report from CIBC World Markets Inc. says that natural-gas prices will rise as North American utilities shift from coal-fired generation to cleaner burning natural-gas generation. For full story, click here
