The price of natural gas and United States Natural Gas (UNG) rallied, despite the higher than normal injection to storage during last week. Moreover, during the past four weeks, the injections to storage were 24% higher than the 5-year average.…
Last week’s injection to storage was higher than the five year average. This development, however, didn’t stop the price of natural gas and United States Natural Gas (UNG) to recover during last week. Will the ongoing higher than normal injections…
The natural gas market remained stagnate as the price of natural gas and United States Natural Gas (UNG) remained relatively unchanged on a weekly scale. According to the U.S Energy Information Administration, the recent natural gas injection was above the…
This week several U.S related news items could stir up the markets again including: GDP for the first quarter of 2014, core durable goods, jobless claims, consumer confidence, and pending home sales. Canada’s current account and GDP by industry are…
Chesapeake Energy (NYSE: CHK) has recently announced its plans to sell additional assets, and make several strategic changes in 2014. These changes are expected to cut down its annual production and operating cash flow. Following this news the company’s stock…
The price of natural gas continued its downward trend during last week. United States Natural Gas (UNG) also followed and declined last week. According to the recent U.S Energy Information Administration weekly update, last week’s natural gas injection was higher…
Leading commodities prices including oil and gold rallied last week; in the forex market the USD rallied against the Euro but depreciated against the Japanese yen and Canadian dollar. For the week of May 19th to May 23rd, several reports,…
The natural gas market cooled down during last week. United States Natural Gas (UNG) also decreased last week. According to the latest U.S Energy Information Administration weekly report, last week’s natural gas injection was slightly above the five year average.…
The price of natural gas slightly rose during last week. United States Natural Gas (UNG) also increased last week. Based on the recent U.S Energy Information Administration weekly update, the latest weekly natural gas injection was well above the five…
The natural gas market continues to lose steam as its price slowly declined during last week. United States Natural Gas (UNG) also fell last week. According to the latest U.S Energy Information Administration weekly update, last week’s natural gas injection…