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…
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…
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…
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…
Last week’s slow pace in the financial markets won’t repeat next week, and many news items, decisions and reports will come to fruition. These include: U.S non-farm payroll report, ECB, RBA, BOC and BOE rate decisions, U.S, Canada, Australia and…
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…
Natural gas is heating up again as its price rallied last week. Based on the recent EIA update, part of the rise could be attributed to the first extraction from storage for this season buildup: the storage extraction was 45Bcf.…
During 2013 (up-to-date), shares of Cheniere Energy (NYSEMKT: LNG), among the few future U.S liquefied natural gas exporters, jumped by almost 119%. Despite the sharp rise in the company’s stock, it has yet to turn an operating profit in past…
Natural gas continued to trade up during last week. Part of the rally could be attributed to the low storage buildup according to the EIA recent weekly update: the storage buildup was only 20Bcf. Despite the low injection, it was…
The price of natural gas sharply rose today as the EIA released its recent weekly update: the storage buildup was 35Bcf, which was lower than expected. Despite the low injection, it was still higher than the five year average. Moreover,…