|Day's Range||2.692 - 2.698|
Investing.com - Oil prices finished higher on Friday to score their second consecutive weekly gain, amid growing optimism that rebalancing in crude markets are well underway thanks to OPEC-led production cuts.
Feb 25 (Reuters) - Xinjiang Xintai Natural Gas Co Ltd : * SAYS SHARE TRADE TO HALT FROM FEB 26 PENDING ANNOUNCEMENT RELATED TO ASSET ACQUISITION Source text in Chinese: http://bit.ly/2ChFhU7 Further company ...
A growing list of American businesses are severing ties with the National Rifle Association (NRA). But among its partners, arguably the most valuable is still by their side: Oklahoma-based Ackerman McQueen, the NRA’s longterm advertising and PR agency. For decades, this firm has honed the pro-gun narrative, establishing gun rights as a core value for…
Spot prices for liquified natural gas have hit three-year highs at the end of 2017, putting Australia’s number two gas producer in an ideal position
Adjusting interest rates has the potential to cause a chain reaction that can ripple through the economy, creating unforeseen impacts throughout every sector
Natural gas markets rallied slightly during the week but gave back a bit of the gains. The market is struggling currently, and I think that might continue to be the issue. I believe that the $2.50 level underneath should be support.
Prices in Europe's biggest gas markets surged 50 percent this week ahead of a cold snap that will test the region's reduced supply options and make price spikes more likely as stocks run low. A late winter blast of cold in north-west Europe has left traders scrambling for gas in British, Dutch, Belgian and French markets after several setbacks to quick sources of supply in the region.
Cheniere Energy, Inc. (NYSEAMERICAN:LNG) finds itself poised for high growth. Few people outside the energy have heard of LNG stock. The fact that Tesla Inc (NASDAQ:TSLA) and their battery-powered car now have become a more popular alternative energy source almost may not matter.
Trader reaction to $2.633 will set the tone over the near-term. A bullish tone could develop on a sustained move over this level, and a bearish tone under it.
Investing.com - Crude oil prices were mixed on Friday, hovering close to more than two-week highs as traders were digesting the previous session's positive U.S. supply data.
Regional leaders launched construction work on the Afghan section of an $8 billion natural gas pipeline that will link the energy-rich Central Asian nation of Turkmenistan through Afghanistan to Pakistan and India. Ex-Soviet Turkmenistan holds the world's fourth-largest natural gas reserves but has been heavily dependent on gas exports to China after Russia cut back gas imports in the past few years.
China's imports of liquefied natural gas (LNG) hit record levels in January, as the world's most populous nation rushed to shore up supplies ahead of another cold snap and this month's Lunar New Year celebrations, while fuel exports also jumped. LNG imports totalled 5.18 million tonnes, compared with the previous record of 5.03 million tonnes set in December and up 51.2 percent from January, 2017, according to data on Friday from China's General Administration of Customs. Meanwhile, China's January gasoline exports soared by two thirds to 1 million tonnes from a year earlier and were just shy of December's all-time high of 1.23 million tonnes.
It is widely accepted that Natural Gas is a much cleaner fuel than coal or oil, but there is still plenty of room for improvement for this key energy source
Natural gas prices rebounded but were unable to break through Wednesday’s highs despite colder than normal weather which continues to spread across most of the western portion of the United States. The EIA released their inventory figures which showed a larger than expected draw but stocks remain within their 5-year average range. A stronger than expected Markit manufacturing PMI also lifted natural gas prices. Prices pushed through resistance now support near the 10-day moving average at 2.608. Resistance is seen near the first Fibonacci retracement level of the move from the highs in January at 3.65 to the lows in February at 2.52, near 2.95. Momentum is turning as the MACD is poised to generate a crossover buy signal.
Investing.com - Crude prices were higher on Thursday after data showed a sizable decline in U.S. oil stockpiles last week.