June natural gas is set to open a penny higher Thursday morning at $4.48 as traders hone their short-term trading algorithms and expect the season’s second triple-digit increase in working gas inventories. Overnight oil markets were mixed.
June
Articles from June
‘Hyped’ Market Called A Penny Higher
June natural gas is expected to open a penny higher Wednesday morning at $4.56 as traders reassess recent weather forecasts and balance those against expectations of near-term storage injections that are likely to soften the market. Overnight oil markets rose.
Technicians Looking to Sell; June Called 2 Cents Higher
June natural gas is set to open 2 cents higher Tuesday morning at $4.49 as traders balance expectations of a plump gas storage injection report on Thursday with the outlook for above-normal temperatures in major energy markets next week. Overnight oil markets were narrowly mixed.
Bears Take A Breather; June Called 3 Cents Higher
June natural gas is expected to open 3 cents higher Wednesday morning at $4.39 as traders mull a wide range of injection estimates for Thursday’s storage report and the market stages a partial recovery from five straight days of selling. Overnight oil markets rose.
Traders Mulling New Storage Dynamic; June Seen 2 Cents Higher
June natural gas is expected to open 2 cents higher Tuesday morning at $4.45 as traders sense a slight oversold condition and weigh the prospects for a more active storage refill. Overnight oil markets rose.
Low Storage? No Problem; June Called 4 Cents Lower
June natural gas is set to open 4 cents lower Monday morning at $4.49 as traders discount most concerns that timely storage refill will be a significant problem. Overnight oil markets rose.
Traders See Broader Bullish Factors In Play; June Called 4 Cents Higher
June natural gas is set to open 4 cents higher Tuesday morning at $4.73 as traders discount near-term weather and focus on a wider bullish environment. Overnight oil markets rose.
Geismar Restart Set for June; Williams Considers Big Expansion
The Geismar olefins plant operated by Williams northwest of New Orleans, which has been shuttered for almost a year, is scheduled to restart in June, with expansion plans back on the table, management said Thursday.
Warmth Seen in South, Texas; June Called Unchanged
June natural gas is set to open unchanged Tuesday morning at $4.80 as traders look to see if emerging cooling load can enable June to hold the pivotal $4.80 level and perhaps move higher. Overnight oil markets rose.
Mississippian Lime Not ‘Best Value Option’ for Shell
A U.S. arm of Royal Dutch Shell plc is throwing in the towel in the Kansas portion of the Mississippian Lime, selling off 45 producing wells and about 600,000 net lease acres.