January natural gas tumbled 6.3 cents Monday, as traders look for some semblance of price support amid an unfavorable technical and fundamental setting. At the close January had fallen 6.3 cents to $3.254 and February had retreated 5.9 cents to $3.294. January crude oil dropped $1.64 to $97.77/bbl.
Semblance
Articles from Semblance
Kerr-McGee Returns More Gulf of Mexico Production
Getting things back to a semblance of normalcy, Oklahoma City-based Kerr-McGee Corp. on Thursday announced that it has increased its net production in the Gulf of Mexico to 95,000 Boe/d, representing nearly 75% of pre-hurricane volumes.
October 21, 2005
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