June natural gas opened 3 cents lower Monday morning as weather forecasts show no convincing trends, and risk managers are content to stand aside for the moment. Overnight oil markets rose.
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Articles from Markets
Oh, Natural Gas Demand, Where Art Thou?
North American natural gas demand growth is shaping up to be modest this year and again in 2016, as speculators wait for industrial projects to be completed and exports to become reality, Raymond James & Associates Inc. analysts said Monday.
May 4, 2015
FERC Orders Power Generator to Pay $5M for Market Manipulation Scheme
In a 65-page decision issued on Friday, FERC ordered Calgary-based Maxim Power Corp. to pay a $5 million penalty for manipulating New England power markets in 2010 by falsely selling electricity at oil-generated rates instead of charging for the lower-cost natural gas it was burning.
May 4, 2015
Natural Gas Forward Basis Ends April With A Whimper
Natural gas forwards markets remained painfully quiet during the last week of April as only a handful of Northeast points shifted more than a few cents.
May 4, 2015
Power, Temps Propel Physical Natgas Higher; Futures Gains Continue
Physical natural gas for Tuesday delivery bounded higher Monday as a firming power and weather environment lifted quotes at nearly all points.
May 4, 2015
Market Moderates Following Thursday’s Surge; June Called 3 Cents Lower
June natural gas is expected to open 3 cents lower Friday morning at $2.72 as traders assess what could be considered an overreaction Thursday to government storage figures. Overnight oil markets fell.
May 1, 2015
Oilsands Efficiency Gains Hard Fought as Gas Consumption Remains High
Natural gas consumption for thermal oilsands extraction — Canada’s biggest, fastest-growing industrial fuel burner — stubbornly resists efficiency efforts and could increase faster than bitumen output, according to a new industry review.
May 1, 2015
Overall Gains Offset Marcellus Weakness; Futures Mark Four Wins in A Row
Buyers for weekend and Monday gas on Friday lost no time submitting their bids as temperatures in eastern markets were expected to reach above 80 degrees by Monday and on-peak power posted double-digit gains. But, as some traders focused on the heat, reports were coming in of increased price-related production shut-ins clouding the horizon.
May 1, 2015
Market Moderates Following Thursday’s Surge; June Called 3 Cents Lower
June natural gas is expected to open 3 cents lower Friday morning at $2.72 as traders assess what could be considered an overreaction Thursday to government storage figures. Overnight oil markets fell.
May 1, 2015
Oilsands Efficiency Gains Hard Fought as NatGas Consumption Remains High
Natural gas consumption for thermal oilsands extraction — Canada's biggest, fastest-growing industrial fuel burner — stubbornly resists efficiency efforts and could increase faster than bitumen output, according to a new industry review.
May 1, 2015
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