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While producer prices in the U.S. increased by more than expected rising by 3.5% year over year, it was pulled down by natural gas prices which are lower on a year over year basis.
Natural gas prices broke out, but the surge was subdued as prices slid higher above trend line resistance. The weather is expected to be normal with warmer than normal weather cover most of the ...
Natural gas markets rallied on Friday but gave back the gains near the $2.85 level in order to continue the overall consolidation we have seen most of the week. Natural Gas Price Forecast ...
Price per million BTU of oil and natural gas in the US, 1998-2015. Natural gas prices, as with other commodity prices, are mainly driven by supply and demand fundamentals. However, natural gas prices may also be linked to the price of crude oil and petroleum products, especially in continental Europe.
Price per million BTU of oil and natural gas in the US, 1998-2015 Natural gas prices spiked to $23.86 on February 17, 2021 because of the Texas power crisis. [14] In February 2003 there was a similar spike in natural gas prices because of shortages. [15]
The EIA Inventory Report stated that working gas storage rose by 76 Bcf from 1,567 Bcf to 1,643 Bcf. Natural Gas Price Prediction – Prices Rally on Strong Inventory Report Skip to main content
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