Natural Gas Bullish for Long-Term Despite Decline
Gas – Reuters reported that natural gas futures fell on Friday and are on track to post a weekly loss.
Gas – Reuters reported that natural gas futures fell on Friday and are on track to post a weekly loss.
Gas – CNBC reported that the trucking industry is apparently starting switch to natural gas as their fuel of choice.
Gas – The Financial Post reported that natural gas is the best-performing commodity globally, marking a rise to date this year of 32 percent, which many analysts attribute to a tight supply.
Gas – loomberg reported that Australian Woodside Petroleum announced that their first-quarter sales jumped by 21 percent, due to an uptick in LNG sales from the Pluto project.
Gas – Bloomberg reported that Centrica and Qatar Petroleum bought natural gas fields from Alberta's Suncor for $1 billion.
Gas – Yahoo reported that BHP and Exxon together are planning to build the world's largest floating LNG plant just off the coast of northwestern Australia, despite coming under fire for mounting costs surrounding the project.
Gas – Bloomberg reported that natural gas futures are expected to rise next week as an unexpected cold snap is forecast. As quoted in the market report:
Gas – The Financial Post reported that Canadian natural gas prices are rallying to a 16-month high, given momentum by cooler temperatures and low supply
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Gas – Bloomberg reported that Qatar has discovered a sizeable natural gas deposit, which marks their first natural gas discovery in 42 years.
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