Posts Tagged ‘natural-gas’

Russia and China Hash Out a $400 Billion Energy Deal

by Christopher Lemieuxon May 21, 2014 7:04 pm BST
Russia and China have just hashed out an energy deal worth $400 billion dollars over the next 30 years. In order to get around sanctions issued by the United States and the European Union over the Ukraine tensions, Russian President Vladimir Putin has been working diligently to find opportunities that are not reliant on the […]

Natural Gas Bullishness Drops to Five-Month Lows on Supplies

by Christopher Lemieuxon May 19, 2014 8:52 am BST
Natural gas bullishness drops to five-month lows due to increasing supplies in natural gas inventories. According to the commitment of traders data released by the Commodity Futures Trading Commission (CFTC), money mangers cut net-long positions by 9.1 percent in the week ending on May 13. This was the lowest level since December. With the winter […]

Natural Gas Declines on Biggest Stockpile Decline Since ’94

by Christopher Lemieuxon January 16, 2014 6:51 pm BST
Natural gas futures declined on a stockpile decline that was less than expected. The decline, according to the Energy Information Administration, fell 287 billion cubic feet in the week ending in January 10. This was the largest decline since 1994, but traders pulled back from the daily highs after it was less than the sought […]

Natural Gas Hits 2011 Highs on Inventories

by Christopher Lemieuxon December 20, 2013 6:13 am BST
According to the Energy Information Administration (EIA), nearly 49 percent of US households use natural gas for heating, primarily in the North- and Southeast. Stockpiles seen an all-time 285 billion cubic feet depletion in the natural gas inventories. “It smashed the all-time record,” said Stephen Schork, president of Schork Group Inc. Since the week ending […]