Post Tagged with: "Natural gas prices"

Source: Oil Price

U.S. gas producer optimistic despite very low natural gas prices

Oil Price


Despite multi-year low natural gas prices in the United States, domestic producers continue to be optimistic about the long-term prospects of gas as a fuel, both in America and abroad.

The current oversupply in the U.S. natural gas …

U.S. natural gas prices gain over 3% after hitting 1997 low

U.S. natural gas prices gain over 3% after hitting 1997 low

Oil Price


U.S. natural gas prices gained over 3% on Wednesday, recovering from a four-year low earlier in the week as European demand popped and unseasonably warm temperatures in the southern United States boosted cooling demand to make up for …

Source: Reuters

As natural gas prices tumble, new worries for U.S. shale patch

Nasdaq


A 46% drop in natural gas prices this year is rippling across the U.S. shale patch, threatening to slow drilling and chill deal-making in a move unthinkable six months ago as global demand soared.

Analysts are chopping their outlook …

Source: Reuters

U.S. natural gas steady on mild weather ahead of expected LNG export gain

BOE Report


U.S. natural gas futures were little changed on Tuesday as the market waits for demand to rise once liquefied natural gas (LNG) export plants start to exit maintenance outages in coming weeks.

 

 

That expected demand increase …

Source: Reuters

U.S. natural gas slips as exports decline, coronavirus demand destruction worries

Reuters


U.S. natural gas futures slipped for a fifth day in a row on Wednesday as pipeline and liquefied natural gas (LNG) exports declined and on long-term forecasts government steps to slow the spread of coronavirus will cut demand in …

Source: Reuters

U.S. natgas futures rise as output slows despite milder weather forecasts

Reuters


U.S. natural gas futures rose on Monday as production slows despite forecasts for milder weather and less heating demand over the next two weeks than previously expected.

In addition to milder weather, analysts said steps to slow the spread …

April 13, 2020 - 3:00 pm Closing Bell Story‎, Energy News, Natural Gas News
Source: Houston Chronicle

Plunging oil prices might be just what U.S. gas drillers needed

Houston Chronicle


As the collapse of OPEC+ talks on production cuts sent energy stocks into a tailspin, one corner of the industry defied the rout: U.S. natural gas drillers.

Shares of gas producers including Cabot Oil & Gas Corp., Southwestern …

Source: Reuters

Chesapeake Energy raises ‘going concern’ doubts

Source: Reuters


(Reuters) – Chesapeake Energy Corp , once the second-largest U.S. natural gas producer, warned on Tuesday about its ability to continue as a going concern as the debt-laden company struggles with falling prices for the commodity.

Shares of …

U.S. Natural Gas Prices Turn Negative in Texas Permian Shale Again

U.S. Natural Gas Prices Turn Negative in Texas Permian Shale Again

From Reuters

Next-day natural gas prices at the Waha hub in the Permian basin in West Texas fell below zero for the first time since early April.

Waha averaged minus 40 cents per million British thermal units (mmBtu) for Wednesday. …

May 22, 2019 - 6:31 pm Closing Bell Story‎, Energy News, Natural Gas News
Dallas Fed Report: With Brent Futures in Backwardation, Could Market See Near Term Oil Demand Outpacing Supply?

Dallas Fed Report: With Brent Futures in Backwardation, Could Market See Near Term Oil Demand Outpacing Supply?

The Federal Reserve Bank of Dallas released its monthly report of energy-related economics, based on the bank’s September data.

Dallas Fed: Backwardation for Brent

“The Brent futures curve went into backwardation (downward sloping) through year-end 2019 on Sept. 25, 2017, …

Natural Gas Prices Up 72% in Six Months as Drilling Slows

Natural Gas Prices Up 72% in Six Months as Drilling Slows

Natural gas prices are looking bullish as associated gas production falls

The price of natural gas is up more than 72% in the last six months as drilling in the U.S. slows. An unusually warm summer kept demand high and …

October 12, 2016 - 5:56 pm Closing Bell Story‎, Oil and Gas 360 Articles
El Nino Could Keep Natural Gas Prices Down

El Nino Could Keep Natural Gas Prices Down

NOAA forecasts 80% chance that a strong El Nino will last through the end of the year

One of the strongest El Nino cycles in almost two decades is likely to persist through fall and possibly winter, according to both …

May 26, 2015 - 12:56 pm Oil and Gas 360 Articles