The natural gas futures universe was greeted Thursday morning by a 27 Bcf storage injection report for the week ending April 11, which as the first injection of the season was larger than industry expectations and almost large enough to wipe out the year-on-five-year storage deficit revealed in the previous week’s report. However, the day did not unfold as some expected as May natural gas futures shot higher on the number before settling at $10.383, down a nickel from Wednesday’s close.
Universe
Articles from Universe
Should Strip Continue to Slip, Look for Spending Dip
In talks with the managements of nine companies in their exploration and production (E&P) universe, analysts at Friedman, Billings, Ramsey & Co. Inc. found that the drop in commodity prices is “being taken in stride but caution abounds.”
October 3, 2006
Mirant Sees Future in Merchant Business, Turns Focus to U.S. Assets
The energy merchant business may be a much smaller universe today, but Mirant has no plans to pull out of the sector, CEO Marce Fuller said Friday.
January 13, 2003
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