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January 3, 2024
Zacks is one of the top investment research firms focusing on stock research, analysis, and recommendations. A new alert issued by Zacks asks this question: Is Natural Gas Poised for a Turnaround After 2023 Slump? The article recaps what happened to the price of natural gas in 2023 and what may happen in 2024. Interestingly,
January 2, 2024
CERAWeek, happening this week in Houston, Texas, is one of (perhaps THE) premier oil and gas conferences held each year. Everybody who's anybody attends, except for yours truly. Sometimes it's the things you (over)hear around the proverbial water cooler at such events that are more interesting than what is said from the stage or in
December 22, 2023
It is that time of year when various analysts, agencies, organizations, and everyone else offer their predictions for 2024. When it comes to what will happen with the price of natural gas, we like to select various predictions that we think are interesting and offer a view we find compelling. We spotted such a prediction
December 21, 2023
DBRS Morningstar is a leading provider of independent rating services and opinions for corporate and sovereign entities, financial institutions, and structured finance instruments globally. Rating more than 4,000 issuers and 60,000 securities, DBRS Morningstar is the fourth-largest credit rating agency in the world and a market leader in Canada, the U.S. and Europe in multiple
December 19, 2023
It seems like everybody and his brother (and sister) are making predictions about where the price of natural gas will go in 2024. We've covered predictions from a number of sources, including the venerable U.S. Energy Information Administration (EIA). But what do the people who actually trade in natural gas say? What's their take on
December 14, 2023
Once a month, U.S. Energy Information Administration (EIA) analysts issue the agencyโs Short-Term Energy Outlook (STEO), their best guess about where energy prices and production will go in the next 12 months. Last month, the report predicted the price for Henry Hub natural gas futures would average $3.40 this winter (see EIA Predicts Henry Hub
December 12, 2023
Last week’s first-half results from Yellow Cake read very well, as net asset value shows healthy gains, buoyed by higher uranium prices and well-timed additions to the company’s stockpiles of triuranium octoxide (U3O8) in its specialist warehouses in France and Canada.
December 12, 2023
The commodity price for natural gas, as expressed by the NYMEX Henry Hub futures contract (for January), fell 10.5% in early trading yesterday before finally closing at $2.43/MMBtu, down 15 cents (6.17%) from the previous day. Why the big drop when prices are already low? Lack of demand due to warm weather. In fact, according
December 1, 2023
(Bloomberg) -- Trading oil has perhaps never been more of a roller coaster ride than it is today.Most Read from BloombergBanking Escapees Make Billions From Private Credit BoomTesla’s Cheapest Cybertruck Will Cost $60,990 and Be Available in 2025These Are the World's Most Expensive Cities to Live In Right NowSaudi Arabia Offers Iran Investment to Blunt Gaza WarBiggest Blowout in Bonds Since the 1980s Sparks Everything RallyJust in the past two months, prices threatened to reach $100 ...
November 28, 2023
Once a month, U.S. Energy Information Administration (EIA) analysts issue the agencyโs Short-Term Energy Outlook (STEO), their best guess about where energy prices and production will go in the next 12 months. Last month, the report predicted new all-time highs for natural gas production in 2023 (see EIA Boosts Prediction for Record-High NatGas Prod. 2023