Natural gas prices continued their downward trend during recent days despite the low growth in natural gas storage and the continuous hotter than normal weather. The total demand declined last week mainly due to the drop in the power sector.…
Natural gas prices continued their downward trend during last week. By Friday the Henry Hub (short term delivery) tumbled down by nearly 6%. I have referred to tumble of natural gas prices in a recent post. Following these developments the…
Natural gas prices didn’t’ do much during recent days after they had tumbled down during last week. The total demand rose last week mainly due to the rise in the power and industrial sectors. The natural gas production and rig…
Natural gas prices changed direction and tumbled down during the last few days after they had increased during the past few months. There are some who think there will be a change in the warmer than normal weather in the…
Natural gas prices started off the week rising but soon after they have changed direction and tumbled down throughout the remainder of week. Following these developments the difference between future and spot shifted from Contango to Backwardation. The NG storage…
Natural gas prices didn’t do much during the past few days as they have zigzagged with an unclear trend. The warmer than normal weather is keeping the demand for natural gas robust. The total demand rose last week mainly due…
Natural gas prices resumed their upward trend hiked during most of last week. Following these developments the difference between future and spot shifted from Backwardation back to Contango. The recent rise in oil prices during last week may have contributed…
Natural gas prices resumed their rally in recent days, after they hadn’t done much during last week. The warmer than normal weather is keeping the demand for natural gas higher than last year. Nonetheless, the total demand declined last week…
Natural gas prices didn’t so much during the week despite their sharp daily shifts. Since natural gas changed direction almost daily, the Henry Hub didn’t present a certain trend during the week. Following these changes the difference between future and…
Natural gas prices didn’t rise in recent days as they did a couple of weeks back. The warmer than normal weather is keeping the demand for natural gas robust compare to last year. Nonetheless, the total demand slipped last week…