The price of natural gas changed direction and dropped to its lowest level since mid-May. The recent injection to storage was higher than normal but is the current pace enough to bring the storage close to the normal level by…
During the first quarter, leading oil companies such as Total SA (NYSE: TOT) and Chevron (NYSE: CVX) haven’t performed well as their revenue dropped. But will these companies do better in the second quarter? Let’s see what has caused these…
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…
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 resumed its rally during the previous week mainly on Thursday following the release of the U.S Energy Information Administration weekly report. According to the report, last week’s natural gas injection was below the five year average. As…
The natural gas bounced back during last week. United States Natural Gas (UNG) also recovered. According to the latest U.S Energy Information Administration weekly update, last week’s natural gas injection was the first one in twenty weeks; it was still…
The natural gas changed direction and slightly declined during last week. United States Natural Gas (UNG) also slipped last week. According to the recent U.S Energy Information Administration weekly report, last week’s natural gas withdrawal was well above the five…
The natural gas rallied during last week. United States Natural Gas (UNG) also rose during last week. According to the latest U.S Energy Information Administration weekly update, last week’s natural gas extraction was higher than the five year average but…