U.S. oil and gas drilling permits climbed 23% year/year in October and were up 39% from September, a strong sign that activity is likely to improve early next year, Evercore ISI said Thursday.
October
Articles from October
Cool Late October Seen; November Called 8 Cents Higher
November natural gas is expected to open 8 cents higher Monday morning at $3.00 as forecasters see a building Alaskan ridge and cooling temperatures in the Midwest and Midcontinent. Overnight oil markets were mixed.
Stout Storage Build On Tap; October Seen 2 Cents Lower
October natural gas is expected to open 2 cents lower Thursday morning at $3.07 ahead of government figures anticipated to show well above normal inventory additions. Overnight oil markets fell.
Bulls Get A Boost From Overnight Weather Models; October Called A Penny Higher
October natural gas is set to open a penny higher Wednesday morning at $3.13 as overnight weather models turned warmer. Overnight oil markets rose.
Big Seven Production to Climb Higher in October, Despite Harvey’s Impact, EIA Says
The Eagle Ford Shale will see small declines in oil and natural gas production in October compared to September, but total production out of the nation’s seven most prolific onshore unconventional plays will still continue to increase, according to data from the Energy Information Administration (EIA).
Expected Plump Storage Build Has Bears Energized; October Called A Penny Lower
October natural gas is expected to open a penny lower Thursday morning at $3.05 as traders anticipate the release of government storage data showing injections well above historical averages. Overnight oil markets were mixed.
Risk Managers Looking to Sell; October Called 4 Cents Higher
October natural gas is set to open 4 cents higher Monday morning at $2.93 as weather forecasts near term turn warmer. Overnight oil markets were mixed.
Trader Eyeing $3.14 Futures, Yet October Called 2 Cents Lower
October natural gas is set to open 2 cents lower Friday morning at $2.96 as Irma-related issues inject a greater degree of uncertainty than normal into overnight weather data. Overnight oil markets were narrowly mixed.

No Way But Down For NatGas Forwards Amid Improving Storage, Returning Supply and Mild Temps
Natural gas prices for October fell an average 12 cents from Sept. 1 to 6 as a trifecta of factors created the only logical path for forward markets during the short holiday week, according to NGI’s Forward Look. NGI was closed Sept. 4 in observance of Labor Day.
Eastern Cooling Forecast; October Called 2 Cents Lower
October natural gas is set to open 2 cents lower Wednesday morning as overnight data suggested continued cooling in eastern and Midwest energy markets. Overnight oil markets were mixed.