Category: Natural Gas

Is Natural Gas Heading towards $4.5?

The price of natural gas has bounced back last week to pass the $4.3 mark.  United States Natural Gas (UNG) has also recovered from its tumble earlier this month. Looking forward, the expected decline in temperatures in the coming weeks…

Natural Gas Bounced Back to Hover over $4.3

The price of natural gas bounced back from its recent tumble. The average weekly price was still 1.1% lower than the previous week. In the latest EIA report, the natural gas storage decreased by 287 Bcf. Last week’s extraction was…

Will Natural Gas Bounce Back?

The price of natural gas has tumbled down last week.  United States Natural Gas (UNG) has also followed and plummeted. Nonetheless, due to very low temperatures mainly in the Northeast and Midwest, the demand for natural gas spiked last week.…

Natural Gas Plunged by 5.8%

The price of natural gas changed course and tumbled down during last week. The average weekly price was also around 2% lower than the previous week. In the recent EIA report, the natural gas storage decreased by 157 Bcf. Last…

Is Natural Gas Changing Course?

The price of natural gas has declined again during last week.  United States Natural Gas (UNG) has also followed and decreased. Due to the holiday season the U.S Energy Information Administration didn’t release its weekly report only the change in…

Natural Gas Declined to $4.3

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,…

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…