Morning Natural Gas Market Report

By Roger Baettig | May 01 2012 9:36 AM

June natural gas prices broke out to their highest level since March 29th during the initial morning hours, which comes after their best monthly performance in 13 months. Some traders suggested that the market was becoming more concerned over the prospect of more production cuts ahead. This comes after Encana and Royal Dutch Shell indicated potential shifts in their production plans last week. Another positive might have been after EIA data showed US natural gas production falling in February.

Sponsorship Link

More in Commodities

Brent Lower on Ample Supply and Waning Demand

Brent Lower on Ample Supply and Waning Demand

Energy - Balancing the Bonanza: Interview with Mark Thoma

Energy - Balancing the Bonanza: Interview with Mark Thoma

Brent Slips Toward $100 on Strong Dollar and Weak Chinese PMI

Brent Slips Toward $100 on Strong Dollar and Weak Chinese PMI

Brent Dips on US Demand Woes

Brent Dips on US Demand Woes

In Depth

3D Printing Risks: Not Just Plastic Guns, But Military Parts, Drugs And Chemical Weapons

3-D Printing: Plastic Guns Should Be The Least Of Our Worries

Whatever Happened To Libyan Oil? For Western Oil Giants, The Crude Is Sweet But China And Russia May Get The Biggest Taste

Two Years After Revolution, Whatever Happened To Libyan Oil?

The Euro Zone Economies Are Spiraling Down But By The Social Progress Index European Nations Beat The US For The Top Spots [CHART]

In Providing Basic Needs, Europe Bests The US

Africa's Economic Future Depends On Local Ownership, Entrepreneurship & Big Ideas

Africa's Economic Future Depends On Big Ideas

web counter