Natural Gas News – August 2, 2017

Natural Gas News – August 2, 2017 It’s going to be a good winter for natural gas and the companies that drill for it, Morgan Stanley says CNBC reports: Natural gas -focused drillers stand to benefit as low prices appear poised to drive up demand for the commodity, according to Morgan Stanley. Prices for future […]

Forward Markets Show Signs of Price Strength

Forecasts for the second half of 2017 include a tightening in the supply demand balance, which should be supportive for prices.  It’s a little too soon to make assumptions, but yesterday the Department of Energy (DOE) released its monthly petroleum supply report for the month of May and the results were a little surprising.  The […]

Today’s Market Trend

After eight consecutive sessions of price gains, crude prices are down $.34 (.68%) to $49.83, after closing the session yesterday above $50 for the first time since May. Prices opened this morning at $50.21, 4 cents higher than yesterday’s close of $50.17, but have fallen amid lack of news to push the market higher. Refined […]

Gasoline and Diesel Retail Prices

The EIA released its weekly retail gasoline and diesel prices yesterday. Prices for both gasoline and diesel were higher across the board for the week ended July 24, led by rising NYMEX refined product prices. While NYMEX diesel and gasoline prices rose by 12.5 cents and 11.9 cents last week, respectively, national retail prices only […]

Natural Gas News – August 1, 2017

Natural Gas News – August 1, 2017 How U.S. Natural Gas Will Help Countries Meet Their Paris Commitments The Fayette Tribune reports: According to the Energy Information Administration (EIA), energy-related U.S. carbon emissions have declined from about 6,000 million metric tons in 2005 (the agreement’s baseline date) to 5,170 MMT in 2016 — a 14 […]

Market Condition Report - Disclaimer
The information contained herein is derived from sources believed to be reliable; however, this information is not guaranteed as to its accuracy or completeness. Furthermore, no responsibility is assumed for use of this material and no express or implied warranties or guarantees are made. This material and any view or comment expressed herein are provided for informational purposes only and should not be construed in any way as an inducement or recommendation to buy or sell products, commodity futures or options contracts.

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