Stay updated with breaking news from Commodity Price. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Finally! We knew it would happen sooner or later. We committed to stop reporting on the price of natural gas unless and until the NYMEX went over $3/MMBtu and stayed there, which happened last week. The front-month NYMEX natural gas contract was close to $3 last Wednesday, closing at $2.99. On Thursday, the price closed
A high inflationary environment looks here to stay which makes monitoring commodity prices and stocks that can benefit accordingly very important to investors.
In September, production from the Marcellus and Utica shales averaged just under 35.1 Bcf/d --- down from a nearly two-year high at 35.3 Bcf/d in August, according to data from S&P Global Commodity Insights. Over the past three years, producers in the Marcellus/Utica have dialed back output in September. Why? Cooling temperatures that lead to
For traders who buy and sell NYMEX Henry Hub futures (and there is a fair number who read MDN), listen up! CME Group, which operates the Chicago Mercantile Exchange and New York Mercantile Exchange (NYMEX), announced it is launching Micro Henry Hub futures and options beginning November 6. The standard Henry Hub natural gas futures
According to the International Gas Union's (IGU) 2023 Global Wholesale Gas Price Survey report (full copy below), 2022 was THE most turbulent year in the history of gas markets, as the global energy crisis intensified and the global price levels reached record highs. Last year saw record price levels, with Europe’s wholesale prices reaching over