Tag: Natural gas price

Natural Gas Passed the $4 Mark – What’s Next?

The price of natural gas spiked on Thursday and passed the $4 mark, following the drop in storage. According to the recent weekly EIA update, the storage extraction was 162Bcf. This week’s extraction was much higher than the five year…

Natural Gas Rally on Low Storage Buildup

The price of natural gas sharply rose today as the EIA released its recent weekly update: the storage buildup was 35Bcf, which was lower than expected. Despite the low injection, it was still higher than the five year average. Moreover,…

Natural Gas – Weekly Recap October 21-25

Henry Hub Natural Gas storage and prices 2013 October 21-25

The natural gas market has reheated by the end of the week after it had slowed down in the previous week and the beginning of the week. The price of natural gas sharply rose by the end of the week,…

Natural Gas – Weekly Recap October 14-18

The price of natural gas changed direction and slipped during the previous week. The EIA didn’t publish its weekly update on the changes in supply, demand and storage changes, which may have contributed to the little movement of the price…

Natural Gas – Weekly Recap October 7-11

The natural gas market has heated up in the past week after it had been cooling down in previous weeks. The price of natural gas rallied during most of last week, despite the recent injection to storage was close to…

Natural Gas – Weekly Recap September 23-27

The natural gas market continued to slowly cool down as the price of Henry Hub sharply fell mainly during the first part of last week. The latest movement in prices was despite the decline in demand for natural gas –…