The price of natural gas moved in an unclear trend during last week. Despite this unclear trend, the price of natural gas ended the week close to $4.3 – lower than the previous week’s price. In the latest EIA report,…
Natural Gas Declined to $4.3
Category: Natural gas storage
Will Natural Gas Resume Its Upward Trend?
The price of natural gas has changed direction and fell during last week for the first time in December. United States Natural Gas (UNG) has also followed and declined in the past week. Based on the recent U.S Energy Information…
Natural Gas Changed Direction and Slightly Fell
The price of natural gas changed direction and slightly declined during last week. Despite this drop, the price of natural gas is still hovering above the $4.4 mark. In the latest EIA report, the natural gas storage sharply fell again…
Natural Gas Bounced Back to $4.4
The price of natural gas changed direction and tumbled down during the most of the week. Alas on Thursday, following the release of the updated EIA report, in which the natural gas storage plummeted by 285 Bcf, the price of…
Will Natural Gas’s Rally Slowdown?
The price of natural gas has rallied to its highest level since July 2011. United States Natural Gas (UNG) has also increased in the past several weeks. Based on the latest U.S Energy Information Administration report, last week’s withdrawal from…
Natural Gas Passed the $4.4 Mark – Will it Halt?
The price of natural gas jumped again during the passing week to its highest level in months: The price spiked above the $4.4 mark, but it did change course on Friday and sharply declined. According to the latest weekly EIA…
Will the Natural gas Market Continue to Recover?
The price of natural gas has rallied in recent weeks and has lately passed the $4 mark. Looking forward, will the natural gas market continue to heat up? How the recent rally may affect natural gas producers including Chesapeake Energy…
Natural Gas Passed the $4 Mark – What’s Next?
The price of natural gas spiked on Thursday and passed the $4 mark, following the drop in storage. According to the recent weekly EIA update, the storage extraction was 162Bcf. This week’s extraction was much higher than the five year…
Will Natural Gas Continue to Heat Up?
The natural gas market has heated up in the past couple of weeks. United States Natural Gas (UNG) has also rallied in the past couple of weeks. According to the recent U.S Energy Information Administration report, last week’s withdrawal from…
Natural Gas Continues to Head Up
Natural gas continues to heat up as it rose event day of last week. According to the latest EIA update, some of the increase could be attributed to the second extraction from storage for this season: the storage extraction was…