Saturday, December 13, 2025

Natural Gas Prices Hold Near $3 Following Inventory Build

The natural gas inventory increased 52 Bcf in the week ended September 16 Natural gas prices closed down today after hitting a high of $3.05, yesterday. The EIA reported a natural gas injection of 52 Bcf for the week ended September 16, 2016, weakening natural gas prices today, which closed at $2.99 per MMBtu. Analysts believed the build would be

OPEC

OPEC Talks Up Prices, But Oil Production Continues to Overflow

OPEC using the last arrows in its quiver to try to move oil prices: words Prior to November 2014, OPEC acted as the swing producer, raising or lowering production in order to send prices one way or another. Since making the decision to focus on market share instead of oil prices, the group has lost its control over prices for

Blackbird Energy Receives Final Approval for Acquisition

Approved: Blackbird Energy will be 10% minority interest owner in completions technology and services company Blackbird Energy (ticker: BBI) announced Thursday that the company received final approval from the TSX Venture Exchange for its proposed acquisition of an indirect 10% minority interest in Stage Completions Inc. for C$3 million in cash. The technology and services company specializes in pin-point multistage