|Day's Range||2.702 - 2.702|
___ Trump thinks GOP has votes for budget President Donald Trump says he thinks Senate Republicans have the votes for their budget — hours after tweeting his uncertainty. Trump needs the Senate to follow ...
As Iraqi-Kurds prepare to fight for their independence, the United States has pulled out of the Iran Nuclear Deal, creating a volatile situation for energy markets
Natural gas prices tumbled and then rebounded on Thursday as the Department of Energy released its natural gas inventory report which was broadly in line with expectations. Prices whipsawed lower hitting 2.77, but then bounced back to recover and upward sloping trend line that is seen as support near 2.82. Resistance is seen near the … Continue reading Natural Gas Price Analysis for October 20, 2017
In the week ended October 6, natural gas inventories rose by 87 Bcf (billion cubic feet) to 3,595 Bcf—13 Bcf more than the market expected inventories to rise.
Anadarko Petroleum’s production guidance for 3Q17 is 641 MMboe/d—compared to production of ~780 MMboe/d in 3Q16 and 631 MMboe/d in 2Q17.
Investing.com - U.S. natural gas futures initially extended losses in North American trade on Thursday, despite data showed that natural gas supplies in storage in the U.S. rose less than expected last week.
Investing.com - Crude oil prices turned lower on Thursday, as investors locked in profits from the commodity's recent climb sparked by upbeat U.S. inventory data and a sustained feeling that the market is rebalancing.
On October 11, 2017, the futures spread was at a premium of $0.13. Between then and October 18, natural gas November futures fell 1.2%.
Categories: Yahoo FinanceGet free summary analysis Our analysis is based on comparing Rosneft Oil Co. with the following peers – Surgutneftegas OJSC Sponsored ADR, Petroleo Brasileiro SA Sponsored ADR Pfd, NOVATEK Joint Stock Company Sponsored GDR RegS and Oil company LUKOIL PJSC Unsponsored GDR 144A (SGTZY-US, PBR.A-US, NOVKY-US and LUKZY-US). Rosneft Oil Co.’s dividend yield is 2.50 ... Read more (Read more...)
The spot price for Central Appalachian coal was reported at $55.50 per short ton, remaining constant compared to the week ended October 6, 2017.
Global energy provider Royal Dutch Shell (RDS.A) agreed to buy electric car charging network owner NewMotion, while U.S. supermajor Chevron (CVX) dumped plans to drill in the Great Australian Bight.
LONDON (Reuters) - Gail India launched a tender on Thursday to secure three liquefied natural gas (LNG) cargoes between mid-November and January, trade sources said. Gail seeks one cargo for delivery between ...
Oilfield services giant Schlumberger Ltd sealed a deal to buy oil and gas assets worth $1 billion from Cenovus Energy on Thursday, raising further concerns about its strategy to own more refining and drilling operations directly. Cenovus's shares were up about 2 percent in afternoon trading, while Schlumberger's were down about 1.5 percent, along with other energy stocks due to lower crude oil prices. To diversify from its core services business, Schlumberger has poured billions of dollars – about $4.3 billion since 2012, according to Barclays – into buying stakes in oil and gas projects through its Schlumberger Project Management (SPM) unit.
Investing.com - Crude oil prices held near their strongest level in around three weeks on Thursday, supported by growing indications that the market was starting to rebalance.
Gold Gold prices have been moving lower on the back of dollar strength and also due to the larger reasons of the global market bull run. We expect this bull run in the stock market to continue for the short and medium term which is likely to keep the gold prices under pressure. …Read More … Continue reading Commodities Daily Forecast – October 19, 2017
Investing.com - Crude oil prices gained in Asia on Thursday, supported by solid GDP figures for the third quarter in China, the world's second largest crude importer, and soaring demand by the nation's refineries.
The potential for a tax on Marcellus Shale natural gas production gained new life Wednesday, as a bill emerged from a state House committee and Democratic Gov. Tom Wolf urged leaders of the Republican-controlled ...
___ Corporations to keep tax break lost by millions of Americans Millions of Americans would lose a prized tax break under President Donald Trump's sweeping revamp of the tax code, but corporations would ...
In this part of our series, we’ll analyze CSX’s (CSX) coal revenue in 3Q17. Coal’s share of the company’s overall 3Q17 revenue rose to 18.7% from 17.2% last year.
Investing.com – Gold prices were roughly unchanged on Wednesday amid dollar weakness on the back of weaker-than-expected housing data.
Natural gas prices tumbled through support levels dropping sharply by nearly 3.5%. Warmer than normal weather is expected to cover most of the eastern and western areas of the United States reducing cooling demand at the beginning of fall. Prices sliced through support levels near an upward sloping trend line near 2.90. Short term support … Continue reading Natural Gas Price Analysis for October 19, 2017