Natural Gas Slipped Most in Two Months on Bulging Stockpiles
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
Articles Tagged "surge"
Share prices of Oil & gas stocks surge
Shares of oil & gas companies moved higher after the oil ministry said that there has been on decision on rate cuts in oil prices as of now. BSE Oil & Gas Index was up over 3 per cent. For full story, click here
Natural gas surge leads to worries about glut
Based on current estimates and forecasts, USA will see a 35-year high in annual production in 2008. Although this trend is good consumers, it has fueled worries about gas glut in the country. Chesapeake Energy Chairman Aubrey McClendon recently said: Now before you become concerned about longer-term natural gas prices as a result of the sheer [...]
