Gulfport Energy Corp. remained focus on its balance sheet during the first quarter and continued leaning on its dry natural gas assets in the Utica Shale to drive production above guidance for the period.
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The expiring January contract is called 9 cents higher Tuesday morning at $2.32 as traders square books before the end of January trading and weather forecasts ratchet cooler. Overnight oil markets were mixed.
January natural gas is expected to open 4 cents higher Monday morning at $1.81 as near-term trades factor in a slight cooling. Overnight oil markets fell.
January natural gas is set to open 12 cents lower Monday morning at $1.87 as weather models over the weekend turned much more moderate. Overnight oil markets plunged as well. Equity markets, in turn, are expected lower.
October natural gas is set to open unchanged Thursday morning at $2.65 as traders balance a somewhat warmer near-term weather outlook with a higher-risk government morning storage report. Overnight oil markets were mixed.
FERC staff said it would hold another public scoping meeting for Kinder Morgan Inc.’s proposed Northeast Energy Direct Pipeline Project (NED) Sept. 29 in Cheshire County, NH, and has extended the scoping comment period until Oct. 16.
FERC has extended the scoping period for Kinder Morgan Inc.’s Northeast Energy Direct Project (NED) over staff concerns that the Commission would not have enough time to address public comments in its draft environmental impact statement.
The Commodity Futures Trading Commission (CFTC) is reopening the comment period on a proposed rulemaking designed to limit speculative trading in the swaps markets.
Growth in North American natural gas traffic is migrating south to Mexico from Canada, according to the latest trade scorecard of the United States Department of Energy (DOE).
November natural gas is set to open a penny lower Tuesday morning at $3.66 as the market attempts to swallow the latest round of moderating weather forecasts and the possibility of an extended storage injection season. Overnight oil markets rose.