U.S. natural gas futures rose 2.9% and posted their highest settle level since January 2023 ahead of a weekly storage report that’s expected to show the first of several outsized inventory drawdowns.
“Price volatility is likely,” EBW analysts write. The EIA reported yesterday that natural gas in storage fell by 125 billion cubic feet last week, more than the 92 Bcf five-year averag ...
Natural gas exchange-traded fund (ETF) United States Natural Gas Fund LP (NYSE:UNG) is pulling back from yesterday's surge, ...
I'm downgrading Devon Energy to a hold due the company's increasingly gassy production mix, and increased debt from the ...
Natural gas and heating oil prices in the United States started the year with a spike as temperatures ... adding that heating oil prices have added 5%. At the start of the week, natural gas ...
(REUTERS) — U.S. natural gas futures ... from 101.5 bcfd in November. That compares with a record 105.3 bcfd in December 2023. "Gas prices still have room to head higher in the short to medium ...
NEW YORK/HOUSTON (Reuters) - Demand for U.S. natural gas to produce liquefied natural gas (LNG) for export this year is headed for ... Natural gas prices have remained relatively high in Europe ...
Although there was an intraday pullback following the 3.64 high, natural gas continues to show strength as it remains within the top third of the day’s price ... chart by ending the year above ...
2-Year U.S. Treasury Note Continuous Contract $102.746 0.180 0.18% 5-Year U.S. Treasury Note Continuous Contract $106.055 0.586 0.56% 10-Year U.S. Treasury Note Continuous Contract $108.297 0.938 ...
while an extension of Russian flows should be bearish for the prices. On the daily chart, natural gas futures are teetering at a crucial point as the current scenario makes it difficult to project ...
Gas prices could head higher due to potential for substantial increase in demand in January and February, said Zhen Zhu, of ...
The U.S. is the world's largest exporter of the superchilled gas and a key provider of gas to Europe in the wake of Russia's invasion of Ukraine. Natural gas prices have remained relatively high ...