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Promised Cutbacks in Production/Drilling Lift NYMEX Price 11%

Finally, here's a little good news to write about regarding the price of natural gas! The NYMEX front month futures contract yesterday started the day with a bang based on announcements from the previous evening (in advance of a conference call) from Chesapeake Energy that the company plans to scale back production by roughly 1 ....

Chesapeake Energy , Commodity Price , Energy Companies , Industrywide Issues ,

Commodity Roundup: Gold extends gains; Chesapeake output cut plans push natgas higher

Commodity Roundup: Gold extends gains; Chesapeake output cut plans push natgas higher
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White House , District Of Columbia , United States , Goldman Sachs , Chesapeake Energy , Organisation Of Petroleum Exporting Countries , Middle East , Petroleum Exporting Countries , Commodity Price ,

Commodity Roundup: Crude oil drops 1%; gold awaits clues on Fed rate outlook

Commodity Roundup: Crude oil drops 1%; gold awaits clues on Fed rate outlook
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Red Sea , Djibouti General , Indian Sugar Manufacturers Association , European Union On , Commodities Research , European Union , Indian Sugar , Bio Energy Manufacturers Association , Commodity Price ,

NYMEX Gas Price Free Fall Continues – Flirting with $1.50/MMBtu

It feels like the NYMEX Henry Hub futures price for natural gas is in a free fall, heading for $1.50/MMBtu or (gasp) maybe even lower. Yesterday, the NYMEX price for the front month closed at $1.58/MMBtu. The price has been down for eight trading days in a row and is at the lowest price since ....

Commodity Price , Industrywide Issues ,

Commodity Roundup: Gold trades below $2,000/oz; IEA demand forecast weighs on oil prices

Commodity Roundup: Gold trades below $2,000/oz; IEA demand forecast weighs on oil prices
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United States , New Caledonia , Michael Barr , Austan Goolsbee , Jerome Powell , International Energy Agency , Us Department Of Agriculture , Vice Chair , Supervision Michael Barr , Chair Jerome Powell , Chicago Fed President Austan Goolsbee , Goro Nickel , Lunar New Year , Commodity Price ,