Energy indicators are mixed, but there’s a positive overall picture for the industry, the Dallas office of the Federal Reserve Board (Fed) said in its monthly report.
June
Articles from June
July Called Lower on Sustained Cooler Trends for Second Half of June
July natural gas futures were set to open fractionally lower at $2.924 Tuesday as Monday’s hints of cooler weather by the third week of the month continued to show up in overnight weather model runs.
Overnight Forecasts Advertise More Heat Risks; June Natural Gas Called Higher
June natural gas was set to open Tuesday about 3.7 cents higher at around $2.847/MMBtu as the weather outlook overnight showed additional heat risks for the next two weeks, according to forecasters.

Natural Gas June Prices Down as Spring (and Maybe Summer) Has Arrived
Natural gas prices for June fell an average of 5 cents from April 27-May 4 as an increasingly bearish weather outlook for the remainder of May added to pressure already being brought on by heavy producer selling, according to NGI’s Forward Look.

North Dakota Expects Low Oil, NatGas Prices Through 2017 with Flat Production
North Dakota’s chief oil and natural gas regulator said Friday he expects prices to stay low for the rest of the year, making it harder for the state to maintain its 1 million b/d crude oil production level in the Bakken Shale.

NatGas Forwards End Month On High Note Amid Return Of Heat To Forecasts
After spending much of June in negative territory, natural gas forward markets ended the month on a strong note, with August gaining an average 7.7 cents between June 23 and 29 as heat is expected to blanket much of the country in the coming weeks to drive up demand, according to NGI’s Forward Look.
BLM Offering 398,000 Acres for Lease in Eight States
The U.S. Bureau of Land Management (BLM) in June plans to offer more than 398,000 acres is eight separate state oil and natural gas lease sales, according to its online leasing service.
Futures Ready to Test Upper Trading Range Limits; June Called 5 Cents Higher
June natural gas is set to open 5 cents higher Monday morning at $3.31 as traders digest a variable weather forecast and consider short hedges. Overnight oil markets rose.

Production From Big Seven Plays to Move Higher Again in June, EIA Says
In a continuation of a trend that began in January, natural gas and oil production from the nation’s seven most prolific unconventional plays will increase again in June, while the number of drilled but uncompleted (DUC) wells in the plays will also increase, according to data from the Energy Information Administration (EIA).
Bulls Take A Breather; June Seen Unchanged
June natural gas is set to open flat Friday morning at $3.37 as traders hold on to short positions and mull a softer cash market. Overnight oil markets inched higher.