September natural gas is expected to open a penny lower Friday morning at $2.80 as traders look beyond the heat and humidity grilling Texas and the Southeast and anticipate record storage by the end of the season. Overnight oil markets weakened.
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Articles from Expected
$3 Needs Weather Surprise, Analyst Says; August Called 2 Cents Lower
August natural gas is expected to open 2 cents lower at $2.83 Friday morning as even though Thursday’ storage report was considered bearish, the long-term surplus suggests futures trading will be rangebound. Overnight oil markets retreated.
July 17, 2015
August Heat Expectations Spur Northeastern Natural Gas Forward Values Higher
Possibly on expectations of warmer weather, Transco Zone 6 NY’s August natural gas basis pricing has been on the rise, moving up 29 cents from minus $1.161 to minus $0.870 since the August contract became prompt. However, erasing the deficit to the Henry Hub completely is not likely to happen till late fall, according to NGI’s analysis of forward prices.
July 17, 2015
Little Weather Support Prompting Weak Exit For July Contract
The expiring July natural gas futures contract is set to open 5 cents lower Friday morning at $2.80 as weather forecasts going forward along with pipeline maintenance coming to a close provide little in the way of anticipated stress on supplies. Overnight oil markets weakened.
June 26, 2015
Little Weather Support Prompting Weak Exit For July Contract
The expiring July natural gas futures contract is set to open 5 cents lower Friday morning at $2.80 as weather forecasts going forward along with pipeline maintenance coming to a close provide little in the way of anticipated stress on supplies. Overnight oil markets weakened.
June 26, 2015
Lean Storage Build On Tap; July Called 4 Cents Higher
July natural gas is expected to open 4 cents higher Wednesday morning at $2.77 as traders begin to factor in expected government storage data showing increases falling short of historical averages. Overnight oil markets were mixed.
June 24, 2015
Lean Storage Build On Tap; July Called 4 Cents Higher
July natural gas is expected to open 4 cents higher Wednesday morning at $2.77 as traders begin to factor in expected government storage data showing increases falling short of historical averages. Overnight oil markets were mixed.
June 24, 2015
Ohio to See Biggest Economic Impact From Planned Rover Pipeline
Energy Transfer Partners (ETP) LP said its ET Rover Pipeline would generate roughly $153 million in ad valorem taxes and $98 million in sales tax revenue in the four states it will cross to deliver Marcellus and Utica shale natural gas to multiple markets.
June 23, 2015
Ohio to See Biggest Economic Impact From Planned Rover Pipeline
Energy Transfer Partners LP said its ET Rover Pipeline would generate roughly $153 million in ad valorem taxes and $98 million in sales tax revenue in the four states it will cross to deliver Marcellus and Utica shale natural gas to multiple markets.
June 23, 2015
Traders Brace For Triple-Digit Storage Report; July Called Flat
July natural gas is expected to open unchanged Thursday morning at $2.63 as traders anticipate a plump triple-digit increase in working gas inventories. Overnight oil markets eased.
June 4, 2015
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