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By Phil Flynn |
April 30, 2013
Natural gas bears still bemoan the cold as it appears that gas prices have to continue to soar because winter refuses to go quietly. The market continues to rise to make sure we refill storage.
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By Kris Hicks |
April 29, 2013
Although the market closed down more than 21 cents from last week, Friday’s strong rally into the close points toward a possible move back higher to begin the week and should test the patience of shorts up to as highs as $4.35.
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By Phil Flynn |
April 26, 2013
A sharp jump in gasoline demand this week and a report questioning North Sea output put petros in rally mode.
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By Phil Flynn |
April 25, 2013
We might just have a summer driving season after all. The EIA shocked the market by reporting that American responded to the dramatic two-week drop in gas prices by topping off their tank in the biggest weekly jump in gas demand since before the Thanksgiving Day holiday
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By KMH Capital |
April 25, 2013
Here are key price targets for Brent, WTI and Natural gas
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By Dominick Chirichella |
April 25, 2013
Heading into this morning’s EIA weekly Nat Gas report the futures market is hovering around the trading range lower support level and barely remaining above it.
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By Dominick Chirichella |
April 24, 2013
Firming equity markets in the U.S. were enough to bolster oil prices after their negative start on Tuesday reversing the selling from the decline in China’s PMI data.
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By Phil Flynn |
April 24, 2013
So for oil, remember you can't fight the Fed or even the ECB and you can't outlast the guys who can print the cash. But really from a technical standpoint, the oil market was probably ready to bottom anyway.
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By Kris Hicks |
April 23, 2013
May Natural Gas dropped back lower on Monday after a revised weather forecast showed higher than expected temperatures in the upcoming days while pushing the market to close below a short-term trendline.
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By Phil Flynn |
April 23, 2013
Oil prices fell as the flash HSBC Purchasing Managers' Index for April fell to 50.5 in April from 51.6 the month before as new export orders shrank in China. The long-term natural gas story is getting out.
