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May Natural Gas Futures Slide on First Day in Front Position; Holiday Weekend Deflates Cash Prices
Markets
Natural Gas Futures Gains Diminished as EIA Reports Storage Draw Above Expectations
Natural gas futures trimmed early gains Thursday following the U.S. Energy Information Administration (EIA) storage report, which outlined a larger-than-anticipated 36 Bcf withdrawal for the week ended March 22. Ahead of the 10:30 a.m. ET release of the latest storage data, May New York Mercantile Exchange natural gas futures were trading 2.0 cents higher day/day…
March 28, 2024Natural Gas Prices
Attack on Ukrainian Storage Site Pushes European Natural Gas Prices Higher
Ukrainian natural gas storage operator Ukrtransgaz JSC said a Russian attack on its infrastructure caused no major damage, but withdrawal capacities at the facility would be limited until repairs are completed. Natural gas withdrawals were halted after the strike on Sunday (March 24). However, the company was able to compensate for the limited withdrawals with…
March 28, 2024Energy Transition
Tudor Champions Houston to Lead Charge for Decarbonizing Oil, Natural Gas
Houston, the nation’s fourth largest city and one that built its fortune in oil, natural gas and petrochemicals, is now a mecca for entrepreneurs out to make the next great no-carbon technology. The city remains the place to forge oil and gas deals, as thousands of energy companies, large and small, have their headquarters in…
March 28, 2024Natural Gas Prices
E&Ps ‘Keeping Powder Dry’ Amid Low Natural Gas Prices, LNG Uncertainty, Says Dallas Fed
Weak natural gas prices are weighing on the minds of oil and gas executives, but the outlook is not all bearish, according to a new survey by the Federal Reserve Bank of Dallas, aka the Dallas Fed. “Natural gas is currently pricing at or below costs of production,” said one respondent from an exploration and…
March 28, 2024Recent News
Markets
Natural Gas Futures Gains Diminished as EIA Reports Storage Draw Above Expectations
Mar 28, 2024Natural Gas Prices
Attack on Ukrainian Storage Site Pushes European Natural Gas Prices Higher
Mar 28, 2024Energy Transition
Tudor Champions Houston to Lead Charge for Decarbonizing Oil, Natural Gas
Mar 28, 2024Natural Gas Prices