Since notching a $2.12 low during the first week of this year,the natural gas futures market has shown a propensity to look pastvirtually all bearish information and focus on anything out therethat is remotely bullish. Witness yesterday, when prices sank earlyon fizzled hurricane fears only to rebound fiercely as tradersrallied natural gas in sympathy with spiking crude oil prices.
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Slower Growth Reported By Top 20 Marketers
Despite notching new annual volume records for the fifth consecutive year since NGI started ranking gas marketers, the pace of volume growth among the top 20 North American gas and power marketers has shown some signs of decline.
March 20, 2000
Slower Growth Reported by Top 20 Marketers
Despite notching new annual volume records for the fifthconsecutive year since NGI started ranking gas marketers, the paceof volume growth in the gas and power marketing businesses hasshown some signs of decline.
March 15, 2000
Despite Bullish Storage, Technicals Pressure Market Lower
After notching gains in both the regular and Access tradingsessions Wednesday, the futures market sank again yesterday asbulls battled with an increasingly negative technical picture andunsupportive weather outlooks. Within an hour of its $2.895 open,the December contract had already slipped a nickel lower. From thatpoint it continued to chop lower for the rest of the session,finishing down 4.7 cents at $2.826.
November 5, 1999
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