Category: Natural gas storage

Natural Gas Price– Weekly Recap 30 April – 4 May

Natural gas prices continued their recent recovery and sharply rose during last week again. This recovery comes after oil prices plummeted last week. There weren’t any sharp turns in the fundamentals of the natural gas market so this rally might…

Natural Gas Storage Increased by 28 Bcf– May 4th

Natural gas prices changed direction and sharply rose during recent days. Some attribute this recent rally to speculation over the upcoming higher than normal temperatures in the U.S that will raise consumption in natural gas. In the meantime, the natural…

Natural Gas Storage Rose by 36 Bcf– April 26th

Natural gas prices continued to decline during last week even though the natural gas spot and future (May delivery) prices have changed direction and rallied during most of the week. This may be stem from the upcoming expiration of the…

Natural Gas Price– Weekly Recap 9-13 April

Natural gas prices resumed to fall precipitately during last week. Furthermore, the gap between future and spot didn’t expand but it remained in Contango and reached by the end of the week $0.12/mmbtu. According to the recent NG storage report,…

Natural Gas Storage Increased by 42 Bcf– April 5th

Natural gas price resumed its downward trend and sharply declined during most of last week.  Furthermore, natural gas storage continued to increase and is still well above the storage levels from recent years. Here is a summary of the recent…