Story of the day
Latin America Oil, Natural Gas Activity Climbs for Halliburton, SLB and Weatherford
Markets
Natural Gas Futures Slide as Hefty Wind Generation Plumps Up Weekly Storage Print
Natural gas futures tried to shake off a stronger-than-expected government inventory print Thursday but settled lower as benign weather and LNG hiccups weighed. At A Glance: EIA reports 92 Bcf injection West Texas cash flips negative Freeport LNG stays down Following a nearly 16-cent decline, the May Nymex contract settled down 1.5 cents day/day at…
April 25, 2024Natural Gas Prices
May Natural Gas Futures Shake Off Plump Build to Narrow Declines
The latest natural gas storage report by the U.S. Energy Information Administration (EIA) surprised the market with a bigger-than-expected 92 Bcf injection for the week ended April 19. Natural gas futures initially responded by trading lower before narrowing their day/day decline. The May Nymex contract was trading 3.6 cents lower day/day at around $1.617/MMBtu in…
April 25, 2024Energy Transition
Mexico’s Sheinbaum Promises Energy Continuity Amid Sector Challenges
With only weeks remaining until Mexico’s June 2 presidential election, members of the energy industry are weighing in on what the sector might look like during an administration led by Claudia Sheinbaum of the Morena coalition, who has a commanding lead in national polls. On the campaign trail, Sheinbaum has explained that she would continue…
April 24, 2024Markets
Natural Gas Futures Climb for Second Day as Maintenance Sends Output Lower
Natural gas futures finished higher Tuesday after a choppy session that began in the red, supported by a rebound in U.S. LNG exports and a blitz of pipeline maintenance that sent gas production estimates lower. At A Glance: West Texas prices flip positive MVP pipeline ready to start in May Production falls below 97 Bcf/d…
April 23, 2024Trending News
Markets
Natural Gas Futures Slide as Hefty Wind Generation Plumps Up Weekly Storage Print
Apr 25, 2024Earnings