Natural gas market changed direction and after a sharp rise in prices during the past couple of weeks, natural gas future (June delivery) sharply declined on Friday. According to the recent NG storage update, there was a 77 bcf injection,…
Natural gas prices continued to rise even though the U.S natural gas market doesn’t seem to pick up: during last week the demand edged down mainly in the residential/commercial sector while the total supply edged up mainly due to the…
Natural gas market keeps showing signs of recovery and the future and spot prices continue their upward trend. According to the recent NG storage report, there was a 61 bcf injection, which is 30 Bcf below the injection from a…
Natural gas prices continued their rally during most of the week. I have already talked about the recovery of natural gas prices and think it’s a little over blown. The natural gas storage rose again at a slower pace than…
Natural gas prices kept their rally and spiked during the week; the short term future erased the drop of the past three months in a matter of a three weeks. According to the recent NG storage update, there was only…
Natural gas prices spiked during the week and it seems this rally might continue in the near future. I have already referred to this recovery and think it’s a little over blown. The natural gas storage increased again at a…
Natural gas prices changed direction and sharply rose during recent days. Some attribute this recent rally to speculation over the upcoming higher than normal temperatures in the U.S that will raise consumption in natural gas. In the meantime, the natural…
Natural gas prices changed direction and rose during last week after they had sharply declined during most of the month. This recovery comes after oil prices remained at their same range during recent weeks. There weren’t major shifts in the…
Natural gas prices continued to decline during last week even though the natural gas spot and future (May delivery) prices have changed direction and rallied during most of the week. This may be stem from the upcoming expiration of the…
Natural gas prices continued their downward trend with no clear end in sight. Having said that, natural gas didn’t decline throughout the week; it started off the week with little movement much like other commodities prices. Furthermore, the gap between…