More than one-third of the U.S. jobs lost in February were the result of the decline in oil prices, according to global outplacement consultancy Challenger, Gray & Christmas Inc.
February
Articles from February
Cold Air Stalled; February Called 24 Cents Lower
February natural gas punched through $3 support in overnight trading and is expected to open 24 cents lower Tuesday morning at $2.89 as traders come to the realization that a cold finish to January is becoming less and less likely. Overnight oil markets tumbled.
Bulls Mulling Forecast Cold, Hefty Storage Draw; February Called 8 Cents Higher
February natural gas is set to open 8 cents higher Thursday morning at $3.31 as forecasts of cooler temperatures provide a springboard to lift prices again following Wednesday’s meteoric gains. Overnight oil markets continued Wednesday’s advance.
Forecasts Turn Slightly Cooler; February Seen 8 Cents Higher
February natural gas is expected to open 8 cents higher Tuesday morning at $2.87 as near-term weather forecasts turn slightly cooler and timing issues continue. Overnight oil markets continued their steep descent.
Cold May Linger in East; February Seen 3 Cents Higher
February natural gas is set to open 3 cents higher Wednesday morning at $2.97 as forecasts call for continued cold with risks that the cold might continue over major population centers. Overnight oil markets rose.
Forecasters Tweak Weather Outlook; February Called a Nickel Lower
February natural gas is set to open 5 cents lower Tuesday morning at $2.83 as near-term weather forecasts show a modest warming trend, and analysts stretch to find any kind of longer-term supportive case arising out of recent weather developments. Overnight oil markets continued to melt down.
Forecast Midwest Cold Lifts Market; February Called 15 Cents Higher
February natural gas is expected to open 15 cents higher Monday morning at $3.15 as traders factor in bone-rattling cold across key energy markets. Overnight oil markets plunged.
Traders Anticipate Lean Storage Pull; February Called a Nickel Lower
February natural gas is set to open 5 cents lower Wednesday morning at $3.04 as traders focus on a government inventory report that is expected to show sharply reduced gas usage. Overnight oil markets continued to tumble.
Futures Firm on Cooler Temperature Outlook; January Called a Penny Higher
January natural gas is set to open a penny higher Monday morning at $3.02 as prices manage to hold $3 technical support and weather forecasts calling for cold remain mostly unchanged.
Weather Models Show Moderation, Lack of Consistency; January Called 23 Cents Lower
January natural gas is expected to open 23 cents lower Monday morning at $3.23 as weather forecasts are now calling for less cold air and at the same time are becoming less consistent in the more distant time frames. Overnight oil markets fell.