Trudge

Futures Succumb to Moderate Weather Outlook; July Falls Again

July natural gas continued to trudge lower Tuesday as traders adjusted to moderation in near-term weather forecasts and cited aggressive selling attempting to trigger standing sell orders. At the close July had fallen 6.5 cents to $4.581 and August dropped 6.5 cents as well to $4.613. July crude oil rebounded $2.07 to $99.37/bbl.

June 15, 2011

Barclays: Northeast Demand Growth ‘Anemic’

As production from the Marcellus Shale grows and gas continues to trudge eastward on the Rockies Express Pipeline (REX), gas-fired power generation and exports to Canada are about the only opportunities to relieve Northeast oversupply, Barclays Capital analysts said in a note last week.

April 11, 2011

Barclays Sees ‘Anemic’ Northeast Demand Growth

As production from the Marcellus Shale grows and gas continues to trudge eastward on the Rockies Express Pipeline (REX), gas-fired power generation and exports to Canada are about the only opportunities to relieve Northeast oversupply, Barclays Capital analysts said in a note Tuesday.

April 8, 2011

Futures Trudge Higher Despite Growing Storage Surplus

Fighting off a slightly bearish storage report when compared to historical averages, the September natural gas futures contract resisted an early push lower to trade higher at midday Thursday. When it was all said and done, September futures — trading in its first day as the prompt month — gained 3.8 cents to close at $6.18.

July 30, 2004