The expiring August natural gas contract is set to open a penny higher Tuesday morning at $3.76 as traders square positions ahead of contract expiration yet still see plump storage builds containing any price rallies. Overnight oil markets were mixed.
August
Articles from August
$3.75 In Sight, Analyst Says, Yet August Called Unchanged
August natural gas is set to open flat Friday morning at $3.95 as market bulls grope for any signs of a change in the weather landscape that might slow the present restoration of storage. Overnight oil markets were mixed.
July 18, 2014
August Posts New Lows, Seen Opening 4 Cents Lower
August natural gas posted a new six-month low in overnight trading and is expected to open 4 cents lower Thursday morning at $4.08 before the release of a government report that is expected to show a sharp contraction in the storage deficit. Overnight oil markets were mixed.
July 17, 2014
Cool Weather Continuing, Yet August Called a Penny Higher
August natural gas is set to open a penny higher Wednesday morning at $4.11 as traders sense that fuel-switching may ultimately provide market support. Weather forecasts remain tempered. Overnight oil markets rose.
July 16, 2014
NatGas, Oil Drilling Productivity Lifting Onshore Volumes, Says EIA
Total natural gas and oil production from the six most prolific Lower 48 unconventional basins is expected to increase between July and August, the Energy Information Administration (EIA) said Monday in its Drilling Productivity Report.
July 14, 2014
EIA Sees NatGas Volumes Rising Through August on Drilling Efficiencies
U.S. onshore natural gas production, particularly in the Marcellus Shale, is expected to strengthen through August as drilling productivity rises, according to the latest Drilling Productivity Report issued by the Energy Information Administration (EIA).
July 14, 2014
Futures Flat Ahead of Storage Data; Continuing Oversupply Anticipated
August natural gas is hovering unchanged at $4.170 prior to the market’s open as bulls factor in a near-term constructive weather outlook, but bears look for a continued reduction in the storage deficit once government figures are reported. Overnight oil markets were mixed.
July 10, 2014
Weak Fundamentals Continue, Yet August Called A Penny Higher
August natural gas is set to open a penny higher Wednesday morning at $4.21 as traders sift through the aftermath of Monday and Tuesday’s selling and try to balance a continued onslaught of bearish fundamentals with what some call an “exhausted” market. Overnight oil markets fell.
July 9, 2014
Analyst Says to Fade Lower Open; August Seen Down 6 Cents
August natural gas is expected to open 6 cents lower Tuesday morning at $4.17 as traders factor in improving storage outlook and a deteriorating technical environment. Overnight oil markets retreated.
July 8, 2014
Near-Term Weather Unsupportive; August Called 10 Cents Lower
August natural gas is set to open 10 cents lower Monday morning at $4.31 as traders see nothing on the weather horizon to support near-term prices. Overnight oil markets slumped.
July 7, 2014
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