Continued equity market uncertainty, a weather outlook that is neutral at best and comfortable natural gas storage levels teamed up on Monday to help the November natural gas futures contract to plunge below $6 for the first time since Sept. 24, 2007. The prompt-month contract on Monday traded mostly between $6.050 and $6.200 in the regular session before closing at $6.121, down 11.8 cents from Friday’s finish.
Neutral
Articles from Neutral
Prospects Appear to Dim for Northern Gas Pipelines
The fate of two major long-haul natural gas pipelines intended to carry supplies to the Lower 48 appears to be stuck in neutral because of growing U.S. onshore production and the global financial crisis, U.S. and Canadian energy officials said.
October 27, 2008
Prospects Appear to Dim for Northern Gas Pipelines
The fate of two major long-haul natural gas pipelines intended to carry supplies to the Lower 48 appears to be stuck in neutral because of growing U.S. onshore production and the global financial crisis, U.S. and Canadian energy officials said.
October 27, 2008
Seven Atlantic Hurricanes This Year, WSI Says
A continuation of warmer-than-normal Atlantic Ocean temperature anomalies into the summer and fall and the likelihood of a favorable or neutral wind shear environment on the heels of the current La Nina event will bring an active 2008 Atlantic hurricane season, WSI Corp. forecasters said Wednesday.
January 7, 2008
Seven Atlantic Hurricanes This Year, WSI Says
A continuation of warmer-than-normal Atlantic Ocean temperature anomalies into the summer and fall and the likelihood of a favorable or neutral wind shear environment on the heels of the current La Nina event will bring an active 2008 Atlantic hurricane season, WSI Corp. forecasters said Wednesday.
January 3, 2008
Virtually All Points Fall; Northeast Heat Receding
Despite continuing high heat levels in several areas and neutral guidance from prior-day futures trading, cash prices fell at all points except one Wednesday.
August 9, 2007
Some Points Resist Overall Cash Downturn
With futures guidance having turned neutral Tuesday, spreading cold weather not yet getting very severe, and something of a feeling that the cash market spikes of the previous two days might have been overly exuberant, prices fell at most points Wednesday.
October 19, 2006
Analyst Cuts El Paso Rating on Production Concerns
J.P. Morgan Securities downgraded El Paso Corp. to “underweight” from “neutral” last week, citing “significant concerns” regarding its oil and natural gas production. The downgrade sent El Paso’s shares tumbling nearly a dollar, or 8.23% by market close.
December 6, 2004
Analyst Cuts El Paso Rating on Production Concerns
J.P. Morgan Securities downgraded El Paso Corp. to “underweight” from “neutral” on Monday, citing “significant concerns” regarding its oil and natural gas production. The downgrade sent El Paso’s shares tumbling nearly a dollar, or 8.23% by market close.
November 30, 2004
Analyst Cuts El Paso Rating on Production Concerns
J.P. Morgan Securities downgraded El Paso Corp. to “underweight” from “neutral” on Monday, citing “significant concerns” regarding its oil and natural gas production. The downgrade sent El Paso’s shares tumbling nearly a dollar, or 8.23% by market close.
November 30, 2004
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