The electric sector will generate record natural gas demand this summer, pushing overall gas demand 4 Bcf/d higher than last year, the Natural Gas Supply Association (NGSA) said in its annual summer outlook report released Wednesday.
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June Set to End on Weak Note, Called 4 Cents Lower
The expiring June natural gas contract is expected to open 4 cents lower Thursday morning at $1.95 in spite of the fact that traders are digesting a storage report that is expected to show inventory increases far less than historical averages. Overnight oil markets rose.
Follow-Through Blues Frustrating Bulls; June Called 2 Cents Lower
June natural gas is set to open 2 cents lower Friday morning at $2.06 as traders assess the likelihood of increased, if not oversized, storage injections in the weeks to come. Overnight oil markets fell.
Follow-Through Blues Frustrating Bulls; June Called 2 Cents Lower
June natural gas is set to open 2 cents lower Friday morning at $2.06 as traders assess the likelihood of increased, if not oversized, storage injections in the weeks to come. Overnight oil markets fell.
No Weather Events of Importance, But May Seen 3 Cents Higher
May natural gas is expected to open 3 cents higher Wednesday morning at $2.03 as traders adjust positions ahead of what is expected to be a supportive inventory report Thursday. Overnight oil markets fell.
No Weather Events of Importance, But May Seen 3 Cents Higher
May natural gas is expected to open 3 cents higher Wednesday morning at $2.03 as traders adjust positions ahead of what is expected to be a supportive inventory report Thursday. Overnight oil markets fell.
Last Storage Pull Anticipated, Yet April Seen 2 Cents Higher
April natural gas is set to open 2 cents higher Thursday morning at $1.77 as traders anticipate the last storage withdrawal of the season and see no market stimulus from present weather patterns. Overnight oil markets were mixed.
Job Opportunities Growing in Energy Industry For Women, Minorities, API Says
Of the roughly 1.9 million employment opportunities projected to come from the U.S. oil and natural gas and petrochemical industries between now and 2035, 37.9% will be held by minorities and 15.6% by women, according to a study by the American Petroleum Institute (API).
Stay Short, Trader Says; March Seen A Penny Higher
March natural gas is expected to open up a penny Friday morning at $2.00 as traders see a weak pricing scenario going forward and suggest tweaking trading positions accordingly. Overnight oil markets rebounded.
Analysts Hint at Return to Sub-$2 Pricing; March Called 4 Cents Lower
March natural gas is expected to open 4 cents lower Wednesday morning at $2.06 as traders look beyond expected near-term cold and mull the possibility of the market revisiting $2 once the wintry blast subsides. Overnight oil markets rose.