Tag: Natural gas price

Will The Natural Gas Market Heat Up Soon?

Shares of United States Natural Gas (NYSEARCA:UNG) bounced back at the end of last week following the release of the latest storage report, in which the extraction from storage was higher than anticipated. What’s next for UNG and the natural…

Will Natural Gas Keep Descending?

The natural gas market continues to lose steam as its price slowly declined during last week. United States Natural Gas (UNG) also fell last week. According to the latest U.S Energy Information Administration weekly update, last week’s natural gas injection…

Natural Gas Tumbled Down Below $4.8

Natural Gas price chart - February 3-7 2014

The price of natural gas changed course and fell during the second half of the week and fell below the $4.8 mark – the lowest level in the past couple of weeks. The average weekly price was still 4.1% higher…

Natural Gas Jumped Again to Pass $5.5

The price of natural gas rose again during the first half f the week and passed at one point the $5.5 mark – the highest level since January 2010 – only to tumble down in the last two days of…

Natural Gas Spiked Over $5

The price of natural gas continues to sharply rise as the price passed the $5 mark at the end of last week – the last time the price passed this threshold was back in June 2010. The average weekly price…

Natural Gas Bounced Back to Hover over $4.3

The price of natural gas bounced back from its recent tumble. The average weekly price was still 1.1% lower than the previous week. In the latest EIA report, the natural gas storage decreased by 287 Bcf. Last week’s extraction was…

Natural Gas Plunged by 5.8%

The price of natural gas changed course and tumbled down during last week. The average weekly price was also around 2% lower than the previous week. In the recent EIA report, the natural gas storage decreased by 157 Bcf. Last…

Natural Gas Declined to $4.3

The price of natural gas moved in an unclear trend during last week. Despite this unclear trend, the price of natural gas ended the week close to $4.3 – lower than the previous week’s price. In the latest EIA report,…

Natural Gas Changed Direction and Slightly Fell

The price of natural gas changed direction and slightly declined during last week. Despite this drop, the price of natural gas is still hovering above the $4.4 mark. In the latest EIA report, the natural gas storage sharply fell again…

Natural Gas Bounced Back to $4.4

The price of natural gas changed direction and tumbled down during the most of the week. Alas on Thursday, following the release of the updated EIA report, in which the natural gas storage plummeted by 285 Bcf, the price of…