August natural gas futures advanced Thursday following the release of government inventory figures and on the basis of buy orders prompted by systematic and algorithmic traders. The Energy Information Administration (EIA) reported an increase in natural gas inventories of 78 Bcf, slightly lower than market estimates, and the market immediately jumped off session lows. At the close August had added 5.9 cents to $4.374 and September was up 5.9 cents as well to $4.393. August crude oil rose 65 cents to $95.42/bbl.
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Black Box Traders Start Selling; July Falls
July natural gas futures retreated Wednesday as traders observed interest by systematic traders re-emerging on the sell side, and little concern from surprises in Thursday’s government inventory figures. At the close July was down 7.1 cents to $4.317 and August had skidded 7.3 cents to $4.350. August crude oil added $1.24 to $95.41/bbl.
June 23, 2011
U.N. Report Calls for End to Speculation’s ‘Big Casino’
Systematic regulatory reform with the objective of “weeding out” financial instruments that do not contribute to long-term economic growth is needed to put the world economy on steady footing, according to a report released Thursday by the United Nations Conference on Trade and Development (UNCTAD).
March 23, 2009
U.N. Report Calls for End to Speculation’s ‘Big Casino’
Systematic regulatory reform with the objective of “weeding out” financial instruments that do not contribute to long-term economic growth is needed to put the world economy on steady footing, according to a report released Thursday by the United Nations Conference on Trade and Development (UNCTAD).
March 20, 2009
GAO Calls for Closer Review of Pipeline Safety R&D Results
The General Accounting Office (GAO) has called on the Office of Pipeline Safety (OPS) develop a “systematic process” for measuring the progress of its research and development (R&D) programs that are designed to improve the safety of natural gas and hazardous liquid pipelines, and to report the results to Congress each year.
July 7, 2003
GAO Calls for Closer Review of Pipeline Safety R&D Results
The General Accounting Office (GAO) has recommended that the Office of Pipeline Safety (OPS) develop a “systematic process” for measuring the progress of its research and development (R&D) programs that are designed to improve the safety of natural gas and hazardous liquid pipelines, and to report the results to Congress each year.
July 2, 2003
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