Stubbornly

Despite the flood of natural gas on the market and stubbornly low prices, higher trading volumes should come as no surprise, according to one market consultant.. read more

Despite the rapid withdrawal of natural gas storage supplies due to a brutally cold December and early January, “stubbornly high” U.S. production, more liquefied natural gas imports and the return of coal as a competitor in the power sector “will likely work to contain the upside potential of prices in 2010,” according to a new research note from Barclays Capital analysts James Crandell, Biliana Pehlivanova and Michael Zenker.

Despite the rapid withdrawal of natural gas storage supplies due to a brutally cold December and early January, “stubbornly high” U.S. production, more liquefied natural gas imports and the return of coal as a competitor in the power sector “will likely work to contain the upside potential of prices in 2010,” according to a new research note from Barclays Capital analysts James Crandell, Biliana Pehlivanova and Michael Zenker.

Despite the rapid withdrawal of natural gas storage supplies due to a brutally cold December and early January, “stubbornly high” U.S. production, more liquefied natural gas imports and the return of coal as a competitor in the power sector “will likely work to contain the upside potential of prices in 2010,” according to a new research note from Barclays Capital analysts James Crandell, Biliana Pehlivanova and Michael Zenker.

For a change the cash market demonstrated some independence fromthe futures screen influence Wednesday. Even as futures followedTuesday’s downtick of nearly 6 cents with an even bigger diveyesterday, quotes at nearly all non-Western points either held flator managed to tack on up to 3-4 cents. This ran contrary to what anumber of traders had expected.