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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.