March natural gas futures suffered double-digit losses Monday as traders noted a change in the weather forecasts to above-normal temperatures for much of the country in the six-to 10-day period, and the short-term price outlook remains soft. At the close March futures fell 20.6 cents to $4.104 and April shed 20.2 cents to $4.140. March crude oil tumbled $1.55 to $87.48/bbl.
Losses
Articles from Losses
Weather Model Moderation, Technical Selling Pound Futures Again
February natural gas futures made it two days in a row of double-digit losses as traders were forced to factor in weather forecasts based on computer model runs showing less agreement than previously seen and concerted technical selling. At the close February tumbled 10.7 cents to $4.473 and March shed 10.8 cents to $4.490. March crude oil also continued its losing ways, dropping $1.68 to $86.19/bbl.
January 26, 2011
Traders Jump Ahead of Funds as Expiration Nears; August Up 3.2 Cents
Nearby futures gained modestly and more deferred contracts posted narrow losses Monday as traders squared their books prior to Tuesday’s options expiration and Wednesday’s futures termination.
July 27, 2010
El Paso Earnings Up 62%, E&P Forecast Lifted
El Paso Corp.’s fortunes turned around in 4Q2009 from its year-ago losses, with adjusted earnings up 62%, the company said Monday.
March 2, 2010
El Paso Earnings Up 62%, E&P Forecast Lifted
El Paso Corp.’s fortunes turned around in 4Q2009 from its year-ago losses, with adjusted earnings up 62%, the company said Monday.
March 2, 2010
March Out With a Gain as Traders Expect Bullish EIA Report
March natural gas futures managed to climb into the plus column Wednesday in its last trading day following four consecutive days of losses.
February 25, 2010
March Out With a Gain as Traders Expect Bullish EIA Report
March natural gas futures managed to climb into the plus column Wednesday in its last trading day following four consecutive days of losses.
February 25, 2010
Marathon Lifts Spending for E&P, Unconventional Shales
Marathon Oil Corp. reversed the losses it incurred a year earlier to post a strong profit in the final quarter of 2009, but with troubles in its refining and marketing (R&M) sector, the producer plans to divert more spending in 2010 to the upstream to concentrate on its unconventional gas and oil shale plays.
February 8, 2010
Marathon Raises Spending in E&P, Plans Focus on Unconventional Shales
Marathon Oil Corp. reversed the losses it incurred a year earlier to post a strong profit in the final quarter of 2009, but with troubles in its refining and marketing (R&M) sector, the producer plans to divert more spending in 2010 to the upstream to concentrate on its unconventional gas and oil shale plays.
February 3, 2010
Marathon Raises Spending in E&P, Plans Focus on Unconventional Shales
Marathon Oil Corp. reversed the losses it incurred a year earlier to post a strong profit in the final quarter of 2009, but with troubles in its refining and marketing (R&M) sector, the producer plans to divert more spending in 2010 to the upstream to concentrate on its unconventional gas and oil shale plays.
February 3, 2010
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