View full page at energyexch.com

 

Natural Gas Prices Jump 10% In Early Trading

From oilprice.com

Natural gas prices have started the week with a gain of over 10 percent, but the recent trends in the price have concerned some in the U.S. gas industry. Last week, prices shed 7.17 percent, extending a streak of weekly losses that began in the middle of last December. Some have suggested prices could slump to less than $2 per million British thermal units Over the past four weeks, natural gas prices lost some 50 percent—a substantial and sharp plunge that prompted Chesapeake’s chief executive to suggest supply growth might have to be moderated In a recent interview with Bloomberg, Nick Dell’Osso said that “Growth in ... (full story)

Story Stats

  • Posted:
  • Category: Fundamental Analysis