The natural gas market is moving from a glut to a shortage dynamic, with increased summer demand and reduced active rig counts signaling a potential decline in output levels. The United States Natural ...
Despite new weather reports predicting low national demand, natural gas prices are trading higher on Monday. This upward movement is a continuation of the bullish trend that began on Friday, resulting ...
1455 ET – Natural gas prices finish 1% lower at $2.582/mmBtu, marking a fourth straight day of declines and the lowest close since June 20. The market began the session trading higher, and remained ...
Last week, U.S. natural gas futures experienced a 0.24% rise, despite straddling a one-week low. This downward trend was influenced by forecasts of milder weather, abundant gas storage, and low gas ...
Midland Reporter-Telegram on MSN
U.S. rig count ends slump, edges up by one, Baker Hughes says
Baker Hughes reports the U.S. rig count at 537, up 1 on the week, with oil rigs up 2 to 414, gas down 1 to 118; Texas added 2 rigs.
0839 ET – Natural gas prices jump 5.7% to $2.295/mmBtu as they begin to recover from a 16% decline over the past two weeks. This morning’s rebound appears to be driven in part by a Baker Hughes report ...
May 12 (Reuters) - The U.S. oil and natural gas rig count fell this week to its lowest in nearly a year, as gas rigs slumped by the most in a week since February 2016, energy services firm Baker ...
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