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Traders eye the 200-day moving average as natural gas futures slide. EIA data forecast adds to bearish sentiment in today’s market.
On April 24, 2025, EIA released its Weekly Natural Gas Storage Report. The report indicated that working gas in storage increased by +88 Bcf from the previous week, compared to analyst forecast of +65 ...
Natural gas offers promising opportunities for power producers, urea manufacturers, ceramic industry, petrochemical producers ...
With the future power source, the city of Chicago is claiming 100% of its power usage will come from renewable energy sources ...
Natural gas is a type of fossil fuel formed millions of years ago deep beneath the earth’s surface. Every year, the United States produces over 30 trillion cubic feet of natural gas. Natural gas ...
EIR recently upgraded its NYMEX Henry Hub gas price forecast ... below the current forward strip, suggesting that record production will continue to keep prices in check. “High natural gas ...
“However, our price outlook remains ~30 cents below the current forward strip. High natural gas prices are a headwind to gas-fired generation to the benefit of coal, while L48 production ...
The nearest resistance from the current level is at ₹335. A breakout of this can add momentum to the uptrend, possibly lifting natural gas futures to ₹375. A breach of this can push the price ...
KeyBanc lowered the firm’s price target on Infinity Natural ... and it remains above the current NYMEX WTI futures strip. On natural gas, the firm says it did not have two polar vortexes on ...