Page 5 - Commodity Price News Today

An interesting dichotomy we sometimes (but don't often) see: The NYMEX Henry Hub futures price is down (below $3/MMBtu) and heading lower, while spot prices (physical trading) of natural gas at various trading hubs around the country are going higher, especially in the Northeast. In both cases --- the futures price and the spot price

Veteran equity oil and gas analyst Jeff Robertson, managing director with Water Tower Research (WTR), recently compiled an outlook report with the 5 trends he says are poised to have the biggest impact on the energy sector next year. WTR was kind enough to share it with MDN. One of Robertson's predictions involves a Henry

The government will start selling soybean oil, potato, onion and lentils at a lower price in Dhaka from tomorrow.

CME Group, which operates the Chicago Mercantile Exchange and New York Mercantile Exchange (NYMEX), announced in September that it would launch Micro Henry Hub futures and options beginning November 6 (see CME Group Launching “Micro” Henry Hub Futures & Options Nov. 6). The launch happened, and in under three days, Micro Henry Hub futures surpassed

Beyond the Balance Sheet: What SWOT Reveals About Occidental Petroleum Corp (OXY)

Once a month, U.S. Energy Information Administration (EIA) analysts issue the agency’s 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

Decoding Ovintiv Inc (OVV): A Strategic SWOT Insight

Just when we were beginning to feel comfortable that maybe, just maybe, the price of natural gas would stay higher for longer instead of lower for longer, yesterday happened. Did you notice? The price for the "front month contract" of the NYMEX Henry Hub got whacked, falling a full 25 cents in a single day,

Have you noticed the nice rise in the price of gas? Yesterday, the NYMEX Henry Hub price rose $0.22 to close at $3.58/MMBtu (up 6.24% in a single day). Cool! Better yet, the spot price of natural gas in the Marcellus/Utica region is on the march, too. According to Argus Media, spot natural gas prices

Global energy and commodity price reporting agency Argus is launching a new suite of price assessments for Indonesian nickel exports, increasing price transparency for the fastest growing region in the world for the nickel market. In collaboration with PT Indeks Komoditas Indonesia (PT IKI), Argus will publish prices for three grades of Class II nickel and intermediate products as part of the Indonesian Nickel Index (INI) series.