Tag / Weak

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Weak

Mild Weather, Screen Extend Cash Softness

Battered by negative influences seeming to come from all directions — mostly mild to chilly (but not particularly cold) weather, weak prior-day futures, storage injection capacity growing ever tighter and any tropical storm threat to Gulf of Mexico production deemed unlikely for the rest of the season — the cash market fell at nearly all points Thursday.

September 30, 2011

Rally Fades With Losses at Nearly All Points

Arrival of some heating load fails to offset recognition of generally weak weather fundamentals.

September 29, 2011

Brief 50-Cent Dump Possible, Analyst Says; October Expires Weakly

October futures limped to a weak expiration Wednesday on the eve of a government report expected to show a storage increase well above historical norms. At the close October had retreated 6.8 cents to $3.759 and November had given up 7.6 cents to $3.799. November crude oil tumbled $3.24 to $81.21/bbl.

September 29, 2011

Canadian Gas Exports Holding Their Own

Canadian natural gas exports are holding firm — and even growing slightly — despite persistently weak prices and competition in the United States from shale gas production.

August 29, 2011

Canadian Gas Exports Holding Their Own

Canadian natural gas exports are holding firm — and even growing slightly — despite persistently weak prices and competition in the United States from shale gas production.

August 29, 2011

EOG’s Papa Picks His Favorite: Eagle Ford Oil

It’s no secret that weak prices have made natural gas a stepchild to oil and natural gas liquids (NGL), but perhaps nowhere else is the clean-burning stuff more out of favor than in the halls of Houston-based EOG Resources Inc., where CEO Mark Papa can’t seem to distance himself from the Mcfs fast enough.

August 8, 2011

EOG’s Papa: Natural Gas? Forget About It

It’s no secret that weak prices have made natural gas a stepchild to oil and natural gas liquids (NGL), but perhaps nowhere else is the clean-burning stuff more out of favor than in the halls of Houston-based EOG Resources Inc., where CEO Mark Papa can’t seem to distance himself from the Mcfs fast enough.

August 8, 2011

Technicals, Weather Keep Buyers on Sidelines; July Drifts Lower

July natural gas eased slightly Monday as traders cited weak technicals, and near term weather forecasts are unsupportive. At the close July had fallen eight-tenths of a penny to $4.317 and August was down eight-tenths of a penny to $4.352. July crude oil rose 25 cents to $93.26/bbl.

June 21, 2011

Bentek Predicts Record Storage in Fall

“Very weak gas prices” are in the offing as drilling to hold leases, cost-carry joint ventures and the disparity between oil and gas prices “are expected to push gas production so high that it causes some regional storage and pipeline constraints…” Bentek Energy LLC said in its latest Market Alert.

February 7, 2011

Bentek: Price Pain, Then ‘Sustainable Growth’

“Very weak gas prices” are in the offing as drilling to hold leases, cost-carry joint ventures and the disparity between oil and gas prices “are expected to push gas production so high that it causes some regional storage and pipeline constraints…” Bentek Energy LLC said in its latest Market Alert.

February 3, 2011