Natural gas futures test resistance as traders await today’s EIA report; rising output and mixed weather keep the short-term ...
Nymex natural gas futures were holding gains following an EIA report showing inventories rose by 33 billion cubic feet last week.
The oil and gas industry has relied on horizontal wells to boost output even as they yield steep production declines.
In case natural gas settles above the resistance at $4.25 – $4.30, it will head towards the next resistance level, which is ...
The Energy Information Administration (EIA) has released its latest report on natural gas storage, revealing a slight drop in the number of cubic feet of natural gas held in underground storage over ...
While horizontal wells boost early production, their steep decline rates require ongoing drilling efforts, making the US ...
The U.S. Energy Information Administration (EIA) raised its Henry Hub natural gas spot price forecast for 2024 and 2025 in its latest short term energy outlook (STEO), which was released recently.
U.S. natural gas futures pulled back after five straight sessions of gains with weather forecasts signaling a shift toward milder weather after next week’s expected cold snap.
On May 23, 2024, EIA released its Weekly Natural Gas Storage Report. The report indicated that natural gas in storage increased by 78 Bcf from the previous week, compared to analyst consensus of +84 ...
The national average price for regular gas hasn’t dropped under $2 a gallon since May 2020, according to government data.
The agency’s new outlook for 2025 suggests a rough road ahead for President Donald Trump’s campaign promise to cut energy prices in half. The Department of Energy’s statistical arm boosted its outlook ...
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