Search results
Results from the WOW.Com Content Network
"It's kind of a rally after all that selling, all the south movement to lower prices," said Thomas Saal, senior vice president for energy at StoneX Financial Inc. "The contract expires on ...
In what has already been an extremely volatile week, front-month gas futures rose 23.2 cents, or 3.9%, to $6.207 per million British thermal units (mmBtu) at 8:07 a.m. EDT (1207 GMT). U.S. natgas ...
U.S. natural gas futures fell about 3% on Tuesday after failing to break through a key point of technical resistance as overall output continues to rise to record levels and a small and brief ...
Freeport, the second-biggest U.S. LNG export plant, was consuming about 2 billion cubic feet per day (bcfd) of gas before it shut on June 8. Freeport LNG estimated the facility will return to ...
The standardized NYMEX natural gas futures contract is for delivery of 10,000 million Btu of energy (approximately 10,000,000 cu ft or 280,000 m 3 of gas) at Henry Hub in Louisiana over a given delivery month consisting of a varying number of days. As a coarse approximation, 1000 cu ft of natural gas ≈ 1 million Btu ≈ 1 GJ.
NYMEX began offering standardized natural gas contracts with delivery at the Henry Hub in April 1990. In 2011, the Henry Hub was the site of a land dispute, in which Sabine sued to condemn land near the site of their hub, and expropriate it from the Broussard family, who had owned it for generations, arguing that it was acting in the national ...
U.S. natural gas futures edged up about 1% on Thursday on a preliminary start of the month drop in U.S. output and rising global gas prices. Analysts forecast U.S. utilities pulled 84 billion ...
Due to constant announcements of shale gas recoverable reserves, as well as drilling in Central Asia, South America, Africa, and deepwater drilling, estimates are updated frequently. Since 2000, some countries, notably the US and Canada, have seen large increases in proven gas reserves due to development of shale gas , but shale gas deposits in ...