The natural gas market continues to see a lot of noisy trading, as the $4 level is an important level for the market, and an area that I think will continue to be a magnet for price, and it should continue to be an important pivot level.
Natural-gas prices hit some of the lowest prices on record last year after one of the warmest winters on record left a surplus of the heating fuel unburned. That's looking less likely to repeat i
European natural-gas prices rose slightly in early trade, following a decline partly attributed to milder weather forecasts and less supply uncertainties as liquefied natural gas flows to Europe.
TX, filed a new bill to bolster U.S. energy production, led by the Texas oil and natural gas industry. Cruz on Thursday filed a bill to repeal a tax on natural gas imposed on the industry through the Inflation Reduction Act.
Stocks for the week ended Jan. 10, were 3,115 Bcf vs. 3,373 Bcf for the week ended Jan. 3. Net change: -258 Bcf vs -40 Bcf for the week ended Jan. 3. Futures (NG1:COM) -0.27% to $4.07. ETFs: (UNG), (BOIL),
XOM's natural gas find off Egypt's coast could help the nation reverse its declining production and regain its status as a key energy supplier.
SEEKONK, Mass. (WJAR) — Seekonk police reported a “large” gas leak Friday morning. Fire Chief Shaun Whelan said workers struck a natural gas line where a new Whole Foods store is being built.
Europe may see a shortfall of LNG, which is becoming apparent after Ukraine ceased a transit agreement on January 1, 2025, for Russian natural gas via pipelines that serviced Germany and other nations. Europe will require an additional 10 percent more LNG than in 2024, meaning higher prices for consumers and industries.
EQT (NYSE:EQT) +3.21% and Devon Energy (NYSE:DVN) +3.7% in Wednesday's trading as Bernstein upgrades both stocks to Outperform from Market Perform with respective $73 and $45 price targets, seeing an undersupplied natural gas market driving prices above $5/mcf starting this year and continuing to 2030 as providing a unique opportunity for
The approved rate increases are higher than what was approved in December 2022 during PSE’s last rate case. During that case, PSE increased electric and gas rates around 11% and 8%, respectively, over two years.
A group of 10 European Union nations is pushing to toughen sanctions against Russia by introducing further restrictions on natural gas and bolstering the enforcement of a price cap on oil.
Rob Thummel, Tortoise senior portfolio manager, joins 'Closing Bell' to discuss the potential record energy demand in 2025.