NGK19.NYM - Natural Gas May 19

NY Mercantile - NY Mercantile Delayed Price. Currency in USD
2.641
+0.002 (+0.08%)
As of 6:26AM EDT. Market open.
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Pre. SettlementN/A
Settlement Date2019-04-26
Open2.636
Bid2.640
Last Price2.639
Day's Range2.636 - 2.642
Volume106
Ask2.644
  • Reuters43 minutes ago

    EU opens investigation into Qatar's long-term LNG contracts

    The European Commission on Thursday said it had opened an investigation into the free flow of LNG sold by Qatar Petroleum in Europe. The investigation will focus on whether agreements on the sale of liquefied natural gas (LNG) to European companies have restricted the free flow of gas in the European Economic Area. The Commission said it was looking into contract clauses which either prevented or limited the diversion of gas to other destinations.

  • Reuters50 minutes ago

    EU opens investigation into free flow of gas sold by Qatar

    The European Commission on Thursday said it had opened an investigation into the free flow of gas sold by Qatar Petroleum in Europe. The investigation will focus on whether agreements on the sale of liquefied natural gas (LNG) to European companies have restricted the free flow of gas in the European Economic Area. "Such clauses may harm competition and prevent consumers from enjoying the benefits of an integrated European energy market," EU Competition Commissioner Margrethe Vestager said in a statement.

  • Day Ahead: Top 3 Things to Watch
    Investing.com11 hours ago

    Day Ahead: Top 3 Things to Watch

    Investing.com - Here’s a preview of the top 3 things that could rock markets tomorrow

  • Associated Press13 hours ago

    Business Highlights

    Disney is offering more than $71 billion for Fox's entertainment businesses in a counterbid to Comcast's nearly $66 billion offer. The battle for Twenty-First Century Fox reflects a new imperative among entertainment and telecommunications firms, which are amassing ever more programming to better compete with technology companies such as Amazon and Netflix for viewers' attention — and dollars. The deal includes Fox movie and TV studios, some cable networks and international assets.

  • Higher Inventories Could Support Natural Gas Prices
    Market Realist17 hours ago

    Higher Inventories Could Support Natural Gas Prices

    In the week ending June 8, natural gas inventories rose by 96 Bcf (billion cubic feet) to 1,913 Bcf—based on the EIA’s (U.S. Energy Information Administration) data announced on June 14. The addition was 8 Bcf more than the expectations in a survey by S&P Global Platts. On June 14, natural gas July futures rose 0.1%.

  • Why Are Natural Gas Prices Falling?
    Market Realist20 hours ago

    Why Are Natural Gas Prices Falling?

    On June 19, natural gas July futures fell 1.7% and settled at $2.9 per MMBtu (million British thermal units). On the same day, Southwestern Energy (SWN), Cabot Oil & Gas (COG), and Chesapeake Energy (CHK) rose 0.2%, 1%, and 1.1%, respectively. These three stocks were the underperformers on our list of natural gas–weighted stocks. All of the natural gas–weighted stocks on our list rose despite the fall in natural gas prices.

  • API Reports a Decline in US Crude Inventories
    Market Realist20 hours ago

    API Reports a Decline in US Crude Inventories

    On June 19, the API (American Petroleum Institute) released its weekly crude oil inventory report. The API reported that US crude oil inventories fell by 3 MMbbls (million barrels) on June 8–15. A Bloomberg survey estimates that US oil inventories could have declined by 2.5 MMbbls during the same period. The survey also estimates that Cushing crude oil inventories could have declined by 0.5 MMbbls on June 8–15. The EIA is scheduled to release its inventory data on June 20.

  • Libya’s Supply Outage Impacts Crude Oil Prices
    Market Realist21 hours ago

    Libya’s Supply Outage Impacts Crude Oil Prices

    NOC (National Oil Corporation) is Libya’s state-owned oil company. On June 17, NOC said that militants attacked storage tanks at two key export terminals in Libya. The attack caused a decline in the crude oil storage capacity at the Ras Lanuf port by 400,000 barrels. Militant attacks started on June 14 at the Ras Lanuf and Es Sider oil ports.

  • E-mini Dow Jones Industrial Average (YM) Futures Analysis – June 20, 2018 Forecast
    FX Empire22 hours ago

    E-mini Dow Jones Industrial Average (YM) Futures Analysis – June 20, 2018 Forecast

    Based on the early price action, the direction of the September E-mini Dow Jones Industrial Average futures contract today will be determined by trader reaction to 24841 and 24704. Basically, look for an upside bias today on a sustained move over 24841, and for a downside bias to develop on a sustained move under 24704.

  • Shell sells $1.3 billion of oil and gas assets in Norway, Malaysia
    Reuters22 hours ago

    Shell sells $1.3 billion of oil and gas assets in Norway, Malaysia

    LONDON/ OSLO (Reuters) - Royal Dutch Shell announced the sale on Wednesday of oil and gas assets in Norway and Malaysia for over $1.3 billion (988 million pounds), bringing it closer to a target of $30 billion in disposals by year-end. The Anglo-Dutch company agreed to sell to OKEA, a Norwegian producer backed by private equity firm Seacrest Capital, its 45 percent interest in the Draugen Norwegian offshore field and a 12 percent in the Gjoa block for a total of $566 million, the two companies said. Earlier, Shell announced the completion of the sale of a 15 percent stake in Malaysia LNG (MLNG) Tiga to the Sarawak State Financial Secretary for $750 million.

  • North Dakota Bakken Oil Play: Buy the Record Production
    Zacksyesterday

    North Dakota Bakken Oil Play: Buy the Record Production

    North Dakota's oil production rose nicely in April, and, with crude prices likely to remain strong, monthly output should break its old record by the end of this month.

  • Price of Gold Fundamental Daily Forecast – Has Lost Its Luster as Safe-Haven Asset
    FX Empireyesterday

    Price of Gold Fundamental Daily Forecast – Has Lost Its Luster as Safe-Haven Asset

    We’re looking for the downside pressure to continue to push gold prices lower, while limiting gains. The inability to react positively to potentially bullish geopolitical events suggests the lack of buyers at this time.

  • Reutersyesterday

    U.S. shale producers warn Chinese tariffs would hit energy exports

    China's proposed tariffs on U.S. petroleum imports, part of a mounting trade war between the two countries, would crimp sales to the shale industry's largest customer, adding new pressure on U.S. crude prices, energy executives and analysts said in interviews this week. China has said it would slap a 25 percent tariff on imports of U.S. crude, natural gas and coal on July 6 if Washington went ahead, as planned, with its own tariffs on Chinese goods that day.

  • Oil Price Fundamental Daily Forecast – Prices Firm After API Reports Drop in U.S. Inventories
    FX Empireyesterday

    Oil Price Fundamental Daily Forecast – Prices Firm After API Reports Drop in U.S. Inventories

    Traders are pricing in a hike in output, but the size and the timing of the move is uncertain. Furthermore, Saudi Arabia and Russia, who favor increased production, are facing resistance from Venezuela, Iran and Iraq, who oppose the move.  

  • Natural Gas Price Forecast – natural gas markets get hammered on Tuesday
    FX Empireyesterday

    Natural Gas Price Forecast – natural gas markets get hammered on Tuesday

    Natural gas markets broke down almost immediately on Tuesday, reaching down to the $2.90 level early in the session. The last couple of days have been brutal, and that shows just how difficult the $3.00 level could end up being.

  • Oilprice.com2 days ago

    Can Oil Pull Greece Out Of Poverty?

    Greece’s withering economy could use the extra income from oil & gas production, but so far, the country has only seen a few exploration successes

  • Oilprice.com2 days ago

    Australia Looks To Tackle Its Looming Gas Shortage

    The world’s soon-to-be top liquefied natural gas exporter is looking to import fuel due to a looming gas shortage which could threaten its growing market share

  • Forbes2 days ago

    A Look At Our $50 Price Estimate For BP

    BP has seen steady growth of late, led by better price realizations for its upstream business. Oil prices have moved this year amid lower inventory levels due to OPEC production cuts, as well as other geopolitical factors. 2017 was a good year for oil companies, as growth in benchmark crude prices boosted their margins.

  • Did Natural Gas Prices Impact SWN Stock Last Week?
    Market Realist2 days ago

    Did Natural Gas Prices Impact SWN Stock Last Week?

    As we saw in the previous part of this series, Southwestern Energy’s (SWN) stock price increased ~6.0% for the week ended June 15. During the week, natural gas (BOIL) prices rose 5.0%. So, SWN’s stock price outperformed natural gas prices last week. In this part, we’ll look at the correlation between SWN stock and natural gas prices.

  • Lower WTI Crude Oil Price Forecasts for 2018
    Market Realist2 days ago

    Lower WTI Crude Oil Price Forecasts for 2018

    July WTI crude oil futures were trading above their 100-day and 200-day moving averages of $65.46 per barrel and $60.36 per barrel, respectively, on June 18. These levels could be key support levels for WTI oil prices.

  • Traders Are Tracking OPEC’s Meeting on June 22
    Market Realist2 days ago

    Traders Are Tracking OPEC’s Meeting on June 22

    According to Bloomberg, the crude oil production from OPEC and non-OPEC producers is expected to increase by 300,000 bpd–600,000 bpd (barrels per day) in OPEC’s upcoming meeting. The possibility of a lower hike in crude oil production from OPEC and Russia supported oil prices on June 18. Russia proposed a combined production increase of 1,500,000 bpd.

  • Crude Oil Prices Limit the S&P 500’s Downside
    Market Realist2 days ago

    Crude Oil Prices Limit the S&P 500’s Downside

    The S&P 500 fell ~0.21% to 2,773.75 on June 18. Trade wars between the US and China pressured the S&P 500 on the same day. However, increased crude oil prices and energy stocks helped the S&P 500 rebound from the day’s low. Seven out of the ten key sectors in the S&P 500 declined on June 18.

  • S&P 500’s Gainers: Cimarex Energy Rose on June 18
    Market Realist2 days ago

    S&P 500’s Gainers: Cimarex Energy Rose on June 18

    The S&P 500’s top gainers on June 18 were: Cimarex Energy (XEC) gained 5.7%. Advanced Micro Devices (AMD) gained 4.7%. Noble Energy (NBL) gained 3.4%. Newfield Exploration (NFX) gained 3.1%. CF Industries Holdings (CF) gained 3.1%. Cimarex Energy 

  • Rising Permian Production Has Been Straining Price Differentials
    Market Realist2 days ago

    Rising Permian Production Has Been Straining Price Differentials

    With growing Permian production and infrastructure constraints, the Midland-WTI crude oil price differential and the Waha–Henry Hub natural gas price basis differential have widened since the beginning of 2018.

  • Reuters2 days ago

    Anadarko Mozambique staff told not to leave LNG site - consultant

    U.S. petroleum company Anadarko has placed staff working at its liquefied natural gas plant in northern Mozambique under "lock-down" due to the threat from suspected Islamist militants in the ...