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The Latest Breaking News from Natural Gas

Nat-Gas Prices Jump as Canadian Wildfires Curb Gas Output

June Nymex natural gas (NGM23 ) on Monday closed up +0.101 (+4.73%). Jun nat-gas Monday closed sharply higher. Reduced nat-gas output in Canada sparked short-covering in nat-gas futures Monday. A total of 102 wildfires were burning in Alberta on Monday, with 27 classified as out of control. That has led...

Barchart

3 Top Momentum Utility Stocks to Own

Volatility has gripped markets as fears of an imminent recession continue to dent investors’ confidence. Therefore, it could be wise to own fundamentally strong utility stocks ONEOK, Inc. (OKE), Brookfield Infrastructure Corporation (BIPC), and Genie Energy (GNE), which have gained momentum lately, to strengthen your portfolio. Read more….

StockNews.com

Crude Prices Gain on Disruptions to Canadian Crude Production

June WTI crude oil (CLM23 ) this morning is up +1.81 (+2.54%), and June RBOB gasoline (RBM23 ) is up +6.68 (+2.81%). June Nymex natural gas (NGM23 ) is up +0.106 (+4.96%). Crude oil and gasoline prices this morning are moderately higher. Crude prices are climbing today on carryover support...

Barchart

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New pipeline agency rule aimed at cutting methane leaks

The federal agency that regulates pipelines has announced new rules aimed at reducing leaks of methane, a potent greenhouse gas, from a network of nearly 3 million miles of natural gas pipelines that crisscross the country

The Independent UK

Nat-Gas Prices Recover on a Broad Rebound in Commodities

June Nymex natural gas (NGM23 ) on Friday closed up +0.036 (+1.71%). Jun nat-gas Friday recovered from a 3-week low and posted moderate gains. A broad rally in commodity prices Friday supported gains in nat-gas as commodity demand concerns eased after Friday's stronger-than-expected U.S. Apr payrolls report. However, gains in...

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Crude Prices Sharply Higher as Economic Concerns Ease

June WTI crude oil (CLM23) this morning is up +2.74 (+4.00%), and June RBOB gasoline (RBM23) is up +6.07 (+2.61%). June Nymex natural gas (NGM23) is up +0.025 (+1.19%). Crude oil and gasoline prices this morning are sharply higher. A weaker dollar today is supportive of energy prices. Crude prices...

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PPRP vows to stimulate economic growth

The Palang Pracharath Party (PPRP) on Thursday pledged to spur the country's economic growth with various projects, including injecting money into its old village fund, lowering energy costs and setting up a national energy resources organisation to handle natural gas and oil concessions.

Bangkok Post

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Nat-Gas Prices Retreat as U.S. EIA Inventories Rise More Than Forecast

June Nymex natural gas (NGM23 ) on Thursday closed down -0.069 (-3.19%). Jun nat-gas Thursday fell to a 3-week low and closed moderately lower. A larger-than-expected build in weekly U.S. nat-gas supplies weighed on prices after the EIA reported U.S. nat-gas inventories rose +54 bcf last week, more than expectations...

Barchart

Crude Prices Weighed Down by Global Demand Concerns

June WTI crude oil (CLM23 ) this morning is down -0.15 (-0.22%), and June RBOB gasoline (RBM23 ) is down -0.08 (-0.03%). June Nymex natural gas (NGM23 ) is down -0.049 (-2.26%). Crude oil and gasoline prices this morning are modestly lower, with crude falling to a 5-month low and...

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Thailand ramps up shift to renewables

The fallout from the global energy crisis is pushing Thailand to accelerate its shift to renewables after dragging its feet for years, the latest country to embrace wind and solar in order to reduce dependence on imported fuel.

Bangkok Post

Buru Energy investigates potential for floating liquefied natural gas facility in the Kimberley

A decade after conflict at James Price Point prompted Woodside to abandon its gas hub plans for the region, another energy giant is looking at establishing a floating LNG facility off the coast.

ABC News

Nat-Gas Prices Fall on Warm U.S. Temps and Ample Supplies

June Nymex natural gas (NGM23 ) on Wednesday closed down -0.044 (-1.99%). Jun nat-gas on Wednesday tumbled to a 3-week low and closed moderately lower. A mild U.S. weather outlook that would curb heating demand for nat-gas is undercutting prices. Forecaster Atmospheric G2 said above-normal temperatures are expected across the...

Barchart

Crude Prices Sink on the Outlook for Weaker Global Energy Demand

June WTI crude oil (CLM23 ) this morning is down -2.87 (-4.01%), and June RBOB gasoline (RBM23 ) is down -10.73 (-4.41%). June Nymex natural gas (NGM23 ) is down -0.105 (-4.74%). Crude oil and gasoline prices this morning are falling sharply for a second session, with crude posting a...

Barchart

Oil Prices Skid To Lowest Level Since March; Traders Brace For Recession

U.S. crude futures tanked Tuesday and continued to slip Wednesday, hitting 5-week lows. The oil price decline dragged down energy stocks.

Investors Business Daily

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Salon

Maine court recharges green energy plan

The new wires will help wean New England off fuel oil and natural gas

The Independent UK

Workers: 'Rotten egg' smell before chocolate factory blast

Workers at a Pennsylvania chocolate factory smelled rotten eggs before a powerful natural gas explosion that leveled one building and heavily damaged another, killing seven people

Barchart

Mild U.S. Temps Weigh on Nat-Gas Prices

June Nymex natural gas (NGM23 ) on Tuesday closed down -0.104 (-4.49%). June nat-gas Tuesday fell sharply to a 2-week low on a mild U.S. weather outlook that would curb heating demand for nat-gas. The Commodity Weather Group said above-normal temperatures are expected across the central and southern U.S. states...

The Conversation

NZ industry burns the equivalent of 108 litres of petrol every second – that has to reduce to meet our carbon targets

New Zealand burns the equivalent of 108 litres of petrol every second in coal and natural gas to generate heat for industrial processes. This burning of fossil fuels for industrial heat generates 28% of New Zealand’s energy-related emissions.

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StockNews.com

3 Energy Companies Seeing Strong Growth

Amid increasing demand for oil and gas, the energy drilling industry is poised to maintain its positive growth trajectory. Given this backdrop, quality energy drilling stocks Patterson-UTI Energy (PTEN), Nabors Industries (NBR), and Precision Drilling (PDS) could be wise portfolio additions now. Read on….

Barchart

Crude Prices Sink on Global Energy Demand Concerns

June WTI crude oil (CLM23 ) this morning is down -3.60 (-4.76%), and June RBOB gasoline (RBM23 ) is down -10.65 (-4.18%). June Nymex natural gas (NGM23 ) is down -0.104 (-4.49%). Crude oil and gasoline prices today are sharply lower, with crude falling to a 5-week low and gasoline...

Barchart

Nat-Gas Prices Fall on Forecasts for Milder U.S. Weather

June Nymex natural gas (NGM23 ) on Monday closed down -0.092 (-3.82%). Jun nat-gas on Monday fell sharply on the outlook for milder U.S. weather to curb heating demand for nat-gas. Forecaster Atmospheric G2 said above-normal temperatures are expected for the central and southern U.S. states, and seasonal temperatures are...

Barchart

Crude Falls on Dollar Strength and Concern About China's Recovery

June WTI crude oil (CLM23 ) this morning is down -1.34 (-1.75%), and June RBOB gasoline (RBM23 ) is down -0.16 (-0.06%). June Nymex natural gas (NGM23 ) is down -0.101 (-4.19%). Crude oil and gasoline prices this morning are moderately lower. Crude prices are under pressure from a stronger...

Barchart

Below-Normal U.S. Temps Boost Nat-Gas Prices

June Nymex natural gas (NGM23 ) on Friday closed up +0.055 (+2.34%). June nat-gas Friday climbed to a 1-week high and settled moderately higher on the outlook that colder-than-normal U.S. weather will boost heating demand for nat-gas. The Commodity Weather Group said below-normal temperatures are expected for the eastern half...

Barchart

Crude Moves Higher on Tight Supplies and Stonger Fuel Demand

June WTI crude oil (CLM23 ) this morning is up +1.37 (+1.83%), and June RBOB gasoline (RBM23 ) is up +5.08 (+2.04%). June Nymex natural gas (NGM23 ) is up +0.065 (+2.76%). Crude oil and gasoline prices this morning are moderately higher. Crude prices are climbing on tight global supplies...

Investors Business Daily

BP, Energy Stocks Sink, As Oil Prices Dive To $72 On Recession Concerns

Energy stocks sank Tuesday as U.S. crude futures tumbled amid interest rate hike concerns, adding to the murky 2023 outlook for oil prices.

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