May natural gas is expected to open 5 cents lower Friday morning at $1.92 as supply concerns dwarf any issues of reduced production, summer warmth and other factors working to rebalance the market. Overnight oil markets plunged ahead of a weekend OPEC meeting.
Supply
Articles from Supply
Market Seen Vulnerable; Expiring April Called A Penny Lower
The expiring April natural gas contract is expected to open a penny lower Tuesday morning at $1.84 as traders suggest that the market is likely to explore lower levels given fundamentals of production and fuel-switching Overnight oil markets fell.
March 29, 2016
Forecast Supply Decline Lends Bullish Tonality; April Called 3 Cents Higher
April natural gas is set to open 3 cents higher Wednesday morning at $1.89 as traders begin to focus on a lessening of supply for 2016 although season-ending storage set a record. Overnight oil markets were mixed.
March 23, 2016
Monday Gains Extended; April Called 2 Cents Higher
April natural gas is expected to open 2 cents higher Tuesday morning at $1.71 as traders factor in a counter-intuitive market response to continued forecasts of moderating temperatures. Overnight oil markets rose.
March 8, 2016
U.S. Onshore Tight Oil Growth Usurped by Gulf of Mexico, NGL Gains in 2016, Says IEA
The United States should maintain its position in 2016 as the largest source of crude oil supply growth outside of OPEC, but next year's gains will stem from offshore projects and natural gas liquids (NGL), while tight oil supplies are going to be curbed by the decline in onshore activity, the International Energy Agency (IEA) said Friday.
July 10, 2015
U.S. Onshore Tight Oil Growth Usurped by Gulf of Mexico, NGL Gains in 2016, Says IEA
The United States should maintain its position in 2016 as the largest source of crude oil supply growth outside of OPEC, but next year’s gains will stem from offshore projects and natural gas liquids (NGL), while tight oil supplies are going to be curbed by the decline in onshore activity, the International Energy Agency (IEA) said Friday.
July 10, 2015
U.S. Oil Supplies Already Declining, But Not For Long, Raymond James Says
Domestic oil supply in all likelihood already has rolled over, but don't expect the decline to last, said analysts…
June 30, 2015
U.S. Oil Supplies Already Declining, But Not For Long, Raymond James Says
Domestic oil supply in all likelihood already has rolled over, but don’t expect the decline to last, said analysts with Raymond James & Associates Inc.
June 30, 2015
Bruised Bears Ready to Try Again, Yet April Called 5 Cents Higher
April natural gas is set to open 5 cents higher Friday morning at $2.86 as traders factor in some upcoming cold but remain adamant in their assessment of pending ample supply and resultant lower prices. Overnight oil markets sank.
March 20, 2015
Traders Mull, Discount Cooler Forecast; April Seen 2 Cents Lower
April natural gas is set to open 2 cents lower Friday morning at $2.71 as traders thoroughly discount forecasts of cool temperatures next week and concentrate on supply issues. Overnight oil markets fell.
March 13, 2015
Listen to the latest episode of our newest podcast NGI's Hub and Flow via:
