Tropical

Atlantic Hurricane Season Could Start Early This Year, Says AccuWeather

The 2018 Atlantic hurricane season, which officially begins June 1, is likely to have normal to slightly above-normal activity, and could have an early start in the Gulf of Mexico (GOM), forecasters at AccuWeather’s Global Weather Center said Monday.

April 3, 2018

Tuesday’s Weakness Continues; September Called 2 Cents Lower

September natural gas is expected to open 2 cents lower Wednesday morning at $2.92 as traders saw Tuesday’s failure to breach $3 as leading to further declines Wednesday. Overnight oil markets eased.

August 23, 2017

Cooler Temps? No Problem; September Called 2 Cents Higher

September natural gas is set to open 2 cents higher Monday morning at $2.91 in spite of continued moderation in near-term temperature outlooks. Overnight oil markets were mixed.

August 21, 2017

Traders Anticipating Supportive Storage Stats; July Seen 2 Cents Higher

July natural gas is expected to open 2 cents higher Thursday morning at $2.91 as the ongoing theme of summer heat continues and traders anticipate the release of bullish government storage figures. Overnight oil markets rose.

June 22, 2017

GOM Shut-Ins Lessen in Wake of Tropical Storm Cindy

What had been Tropical Storm Cindy Wednesday made landfall and weakened Thursday, downgraded to a tropical depression, and oil and natural gas operators that had taken precautionary measures in the Gulf of Mexico (GOM) prior to the storm were returning to work in its wake.

June 22, 2017
Gulf NatGas/Oil Operators on Alert For Two Tropical Systems

Gulf NatGas/Oil Operators on Alert For Two Tropical Systems

The National Hurricane Center (NHC) on Tuesday was tracking a tropical storm in the central Gulf of Mexico (GOM) and another, weakening storm off the northern coast of South America, and both could pose threats to U.S. offshore natural gas and oil operations.

June 20, 2017

NatGas Cash Can’t Get Out of Its’ Own Way; Futures Steady Before Expiration

Natural gas deliverable Wednesday continued to grind lower in trading Tuesday, with broad losses in producing basins and Midwest market centers as well as California and the Rockies able to overwhelm modest market strength in the Marcellus.

September 27, 2016

Traders Mull Gulf Shut-Ins; October Seen 2 Cents Higher

October natural gas is set to open 2 cents higher Wednesday morning at $2.85 as traders factor in production losses resulting from weather-driven Gulf of Mexico shut-ins. Overnight oil markets fell.

August 31, 2016

Little Change in Weather, Yet October Called 3 Cents Higher

October natural gas is set to open 3 cents higher Tuesday morning at $2.93 although observers note a less than supportive trading landscape going forward. Overnight oil markets were mixed.

August 30, 2016

Expiring September Unfazed by Active Weather, Called 2 Cents Lower

The expiring September natural gas contract is set to open 2 cents lower Monday morning at $2.85 as traders largely discount an array of weather factors in play. Overnight oil markets slumped.

August 29, 2016
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