The natural gas futures market moved higher for the second-straight session Wednesday as traders looked past warming temperatures in the eastern half of the country and focused on increased violence in the Middle East and surging crude oil prices. The February contract closed up 6.1 cents at $6.402 on its first day of trading as the prompt month. January expired Tuesday at $6.213.
Stalling
Articles from Stalling
AES Subsidiary: NV Utilities are Stalling on Dereg
AES Corp.’s energy service arm, NewEnergy, said yesterday it hasreceived its business license as an alternative supplier ofelectricity from the Public Utilities Commission of Nevada (PUCN).The company will be able to sell electricity to Nevada consumers assoon as the market is opened to competition.
April 26, 2000
No Fooling, April Prices Up Again But Stalling
April swing prices showed even more strength Wednesday than theyhad in Tuesday’s trading for April Fool’s Day flow. Double-digitincreases were the order of the day at almost trading point.However, it appeared that numbers may have peaked for now sincesources reported that late deals were falling in most markets.That portends softening quotes today, they said.
April 2, 1998
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