The August natural gas futures contract was set to open Thursday slightly higher at around $2.985/MMBtu, with prices supported by heat in the forecast as the market turns its attention to the 10:30 a.m. EDT release of weekly government storage data.
Thursday
Articles from Thursday
Traders Mulling Season’s First Storage Build; May Called 2 Cents Lower
May natural gas is expected to open 2 cents lower Thursday morning at $3.25 as the market looks ahead to the first storage build of the season and traders are split on near-term market direction. Overnight oil markets were mixed.
April 6, 2017
FERC Requests Info on Atlantic Sunrise Route Alternatives, Speculation Ensues
FERC filed a request for comments Thursday on a pair of route variations for the Atlantic Sunrise expansion proposed by Williams Partners’ Transcontinental Gas Pipe Line Co. LLC (Transco), raising speculation in the market that the project could be delayed.
October 14, 2016
GOM Oil, NatGas Shut-In Numbers Drop as Hurricane Hermine Moves Into Florida
Tensions eased in the Gulf of Mexico (GOM) Thursday, with shut-in numbers declining and workers preparing to head back to platforms, as Hermine, upgraded to hurricane status, made its long-awaited move toward the Florida coast.
September 1, 2016
Traders Awaiting Bullish Storage Stats; July Called A Penny Higher
July natural gas is set to open a penny higher Thursday morning at $2.60 as traders see no change in the weather landscape and await the release of government inventory figures. Overnight oil markets dropped.
June 16, 2016
Two Missing in Gas-Related Manhattan Building Explosion
Twenty-two people were injured and two others were missing following an explosion possibly caused by natural gas in New York City Thursday that caused the collapse or partial collapse of three buildings, heavy fire damage in a fourth, and forced the evacuations of 11 more.
March 27, 2015
Early Storage Build On Tap; April Called Flat
April natural gas is expected to open unchanged Thursday morning at $2.72 as traders deal with unsettled weather and government figures that are expected to show the first storage build of the season. Overnight oil markets jumped.
March 26, 2015
Targa Shares Up, Then Down on Buyout Rumors
Share prices for Targa Resources Corp. (TRGP) and Targa Resources Partners LP (NGLS) took a roller coaster ride late Thursday and into Friday on rumors of their possible purchase by Energy Transfer Equity LP (ETE), but talks with ETE have ended and no deal is on the table, the midstream energy giants said.
June 20, 2014
Technicians See Test of Thursday’s Lows; June Called 5 Cents Lower
June natural gas is set to open 5 cents lower Friday morning at $4.42 as fundamentals traders see the market as range-bound and technical traders suggest a retest of Thursday’s lows before moving higher. Overnight oil markets posted nominal gains.
May 16, 2014
Broad Decline Settles In; Traders Await Storage Stats
Natural gas cash and futures bulls took a breather Wednesday.
October 10, 2013
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