February natural gas futures on Tuesday dipped into the mid-$4.50s but rebounded to close the regular session at $4.669, up 1.9 cents from Monday’s finish. Traders, some of whom had been expecting a correction to Monday’s monster 24.5-cent gain, took Tuesday’s strength as a sign that the bulls are a little more firmly in control.
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Articles from Finish
Futures Remain Firm as Eastern Cold Could Linger
Even after exploring lower price levels in early Friday trade, January natural gas futures were able to finish on a positive note as traders appeared unable to move past the fact that much of the eastern U.S. is starting to resemble the conditions found inside an icebox. The prompt-month contract tacked on six-tenths of a cent Friday to close at $4.349, which is down 3.9 cents from the previous Wednesday’s close.
Data Point to Season of Mending for Canadian Producers
With only one month left to finish their annual scorecard, Canadian natural gas exporters are poised to chalk up a return to better times after a bruising fall.
Data Point to Season of Mending for Canadian Producers
With only one month left to finish their annual scorecard, Canadian natural gas exporters are poised to chalk up a return to better times after a bruising fall.
Futures Continue to Rise Despite Fundamentals
December natural gas futures traded in a tight 10-cent range on Friday before closing the regular session at $3.937, up 8.1 cents from Thursday’s finish but 10.1 cents lower than the previous week’s close.
Four Killed in PG&E Gas Pipeline Explosion
Pacific Gas and Electric Co. (PG&E) officials late Friday were working with federal and state emergency crews to finish combing the still smoldering remains of a natural gas pipeline explosion Thursday afternoon that killed at least four people, wounded dozens and decimated blocks of homes in the San Francisco suburb of San Bruno.
Futures Still Bearish Despite Addition of A Few Pennies
Coming off a new low for the move of $4.182 on Monday, September natural gas futures recorded a low of $4.186 on Tuesday before rebounding to close at $4.267, up 3.9 cents from the previous day’s finish.
Senate Nears Final Vote on Sweeping Financial Regulatory Reform
The Senate voted cloture Thursday, nearing the finish of its weeks-long debate on broad legislation overhauling the nation’s financial regulatory system. It was expected to hold a final vote on the bill itself as early as Thursday night or Friday.
May Goes Quietly as Traders Await Supply Data Smorgasbord
The May natural gas futures expiration Wednesday was devoid of any fireworks as the contract traded between $4.186 and $4.326 before going off the board at $4.271, up 5.5 cents from Tuesday’s finish. Taking over the prompt-month contract title, June futures edged 3.3 cents higher to close at $4.348.
May Goes Quietly as Traders Await Supply Data Smorgasbord
The May natural gas futures expiration Wednesday was devoid of any fireworks as the contract traded between $4.186 and $4.326 before going off the board at $4.271, up 5.5 cents from Tuesday’s finish. Taking over the prompt-month contract title, June futures edged 3.3 cents higher to close at $4.348.