“Natural Gas Futures Plummet: Prepare for Shocking Losses in the Pipeline!”
In recent years, the natural gas industry has experienced significant growth and continues to be a key player in the global energy sector. According to the latest data from CME Group, natural gas futures markets have shown a considerable increase in open interest, with a rise of nearly 8000 contracts after the fourth consecutive daily […]
“Natural Gas Futures Defy Expectations: Experts Predict No Sustained Decline in Sight!”
Open interest in natural gas futures markets has been experiencing a constant decline as traders scaled back their open interest positions for the fourth straight session on Wednesday. This continuous contraction in open interest is considered significant as it clearly indicates a change in market dynamics and reflects the cautious approach adopted by traders in […]
“US Natural Gas Supply Dips, Yet Demand Soars: A Cleaner Energy Future Unfolds”
The U.S. Energy Information Administration (EIA) revealed Thursday that the nation’s natural gas stocks fell 23 billion cubic feet for the week ending March 31, 2021. This decrease aligns with the average decline of 24 billion cubic feet anticipated by analysts surveyed by commodities research firm S&P Global Commodity Insights. As of the most recent […]
“Natural Gas Price Approaches $2.13: EIA Inventory Reports Essential for Forecast in Looming Economic Slowdown”
Natural gas prices have recently experienced a fade correction in response to a stronger U.S. dollar and concerns of economic recession. However, an extension of the U.S. tax exemption on gas fuels and geopolitical tensions have helped to stabilize prices. The U.S. tax credit and geopolitical troubles have enabled natural gas to post its most […]