Natural gas prices changed direction and for the first time in three weeks the future price declined. On the other hand the NG spot price continued to rise. Following these changes the difference between future and spot shifted from Contango…
Natural gas prices continue to rise as the natural gas market heats up. The hotter than normal weather is likely among the factors driving natural gas prices up as the demand for natural gas is rising. Natural gas rig count…
Natural gas prices started to pick up during last week and they have managed to recover from their downward trend during most of June within a matter of days. The hot weather mainly in the Northeast is raising the demand…
Natural gas prices continued to dwindle during the week until today when natural gas future (July delivery) spiked by over 10%. The sharp drop in rig count (23) might have reheated the natural gas market. There are renewed speculations around…
Natural gas prices started off the week rising but this rally didn’t last long as Henry Hub future (July delivery) is currently tumbling down. Despite the warmer than normal weather that raised the consumption of Nat gas in residential/commercial sectors…
Natural gas prices increased again during last week, but this week they have tumbled down. During last week the demand for natural gas in the power sectors sharply increased; the total supply also increased mainly due to the rise in…
Natural gas prices continued to rise even though the U.S natural gas market doesn’t seem to pick up: during last week the demand edged down mainly in the residential/commercial sector while the total supply edged up mainly due to the…
Natural gas prices continued their rally during most of the week. I have already talked about the recovery of natural gas prices and think it’s a little over blown. The natural gas storage rose again at a slower pace than…
Natural gas prices spiked during the week and it seems this rally might continue in the near future. I have already referred to this recovery and think it’s a little over blown. The natural gas storage increased again at a…
What is going on with natural gas? This energy commodity many had deemed to continue its collapse until it will reach the bottom price of $1.5 (my colleague even speculated it might even reach $1). But now it’s making a…