Saturday, June 13, 2026
U.S. natural gas sinks, on track for worst month in three years- oil and gas 360

U.S. natural gas sinks, on track for worst month in three years

CNBC U.S. natural gas futures slid Tuesday to the lowest level in nearly three months as warmer-than-expected winter forecasts sent prices tumbling. The contract for January delivery fell as much as 7% to trade at $4.51 per million British thermal units (MMBtu), a price last seen on Sept. 1. The weakness builds on Monday’s drop, which saw the contract settle 11.37%

Enbridge may face tougher fight for oil barrels, lower rates, after pipeline ruling- oil and gas 360

Enbridge may face tougher fight for oil barrels, lower rates, after pipeline ruling

Reuters WINNIPEG — A Canadian regulator’s rejection last week of Enbridge Inc’s plan to sell space long-term on the country’s biggest oil pipeline dealt the company a double whammy that analysts say could hit its bottom line. Enbridge lost a chance to secure shipping contracts for as long as 20 years, and could lose volume to its rival, Canadian government-owned