May natural gas is expected to open 2 cents lower Thursday morning at $3.17 as neither expected near-term weather or anticipated government inventory figures give much incentive to make incremental purchases. Overnight oil markets rose.
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NatGas Price Reporting Agencies Seeing Greater Index Participation
The number and volume of natural gas transactions — according to FERC Form 552 submissions from up to 680 respondents — were in decline during 2008 to 2014 and flattened in 2015. However, that trend has improved somewhat in 2016, executives with two price reporting agencies (PRA) said in Houston on Tuesday.
April 13, 2017
Futures In Positive Territory Following ‘Neutral’ NatGas Storage Report
Natural gas futures moved nominally higher Thursday morning after the Energy Information Administration (EIA) reported a storage injection that was about what traders were expecting.
April 13, 2017
NatGas Cash Slips Ahead Of Long Weekend, But Futures Bulls Seize The Moment; May Adds 4 Cents
Physical natural gas for Friday through Monday delivery softened in Thursday trading as energy demand was forecast to be steady to lower over the extended weekend and peak power prices fell.
April 13, 2017
Weekly NatGas Slips Below $3, Futures Endure Small Loss
The $3 threshold proved just a little bit much for weekly natural gas prices and theNGIWeekly Spot Gas Average retreated from last week’s $3.03, dropping 14 cents to $2.89 over the shortened 4-day trading week.
April 13, 2017
Weather Models Positive, Yet May Called Flat
May natural gas is set to open unchanged Wednesday morning at $3.15 as traders factor in moderately supportive weather with conflicting long-term price views. Overnight oil markets gained.
April 12, 2017
Goodrich, Linn Get New Stock Listings; Bonanza Creek to Exit Chapter 11 Soon
Six months after emerging from bankruptcy protection, common stock in Goodrich Petroleum Corp. began trading on the New York Stock Exchange (NYSE) on Tuesday. Meanwhile, common stock in Linn Energy Inc., which emerged from Chapter 11 in late February, began trading over-the-counter on the OTCQB market on Monday.
April 12, 2017
NatGas Cash Lumbers Lower, But May Futures Add 4 Cents
Physical natural gas for delivery Thursday inched lower in Wednesday trading as very modest gains in the Northeast and Rockies were unable to counter broad declines of a few pennies at most major market centers.
April 12, 2017
Mexico Capacity Open Season Completes Second Round
Mexico’s CENAGAS last Friday concluded a further stage of its open season for pipeline capacity in the Integrated Natural Gas Transportation and Storage System (SISTRANGAS).
April 11, 2017
Henry Hub to Average $3.10 This Year, $3.45 in 2018, EIA Forecasts
The Energy Information Administration’s estimated 2017 average Henry Hub spot price, which had tumbled 12% in the agency’s March Short-Term Energy Outlook (STEO), took an upturn in the April report, rising to $3.10/MMBtu, a 2.2% increase compared with the previous forecast.
April 11, 2017
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