With traders unwilling to bet too heavily ahead of the release of fresh inventory data Thursday, the natural gas futures market continued its sideways price action Wednesday. By virtue of the modest mid-morning sell-off, bears were able to claim the day as a victory, with April prices slipping 4.1 cents to close at $5.397.
Unwilling
Articles from Unwilling
Oil Majors Want Assurances Before Production Resumes in Nigeria
ChevronTexaco Inc. (CVX) on Friday said it was unwilling to resume oil production in Nigeria after a series of ethnic clashes forced evacuation earlier this month. Royal Dutch/Shell Group stopped its production in the western Niger Delta last Wednesday, and also has not decided when to return to the region.
March 31, 2003
Unwilling to Buck Trend, October Rolls With It
The October contract began its reign as the prompt month byfollowing in the footsteps of the freshly expired Septembercontract, and in doing so, added to the declines that have markedthe futures market since the downtrend began on April 8th. Thatleft October down 5.2 cents to $1.664 on Friday, capping a 31.7cent decline for the week.
August 31, 1998
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