CME Group Energy
Morning Natural Gas Market Report
July natural gas showed positive price during yesterday's session but remained inside of a short term range. Expectations for this morning's EIA storage report are for an injection in the range of 75 to 80 bcf....
Submitted by admin on Mon, 05/28/2012 - 6:40am
About 300,000 bpd Iranian oil lost to market
The oil market has lost about 300,000 barrels per day (bpd) of Iranian crude since the announcement of sanctions and an embargo against the Islamic Republic over its nuclear programme, the head of the International Energy Agency (IEA) said on Wednesday
Submitted by admin on Mon, 05/28/2012 - 6:40amKase Comments on Natural Gas: Outlook Still Positive
The outlook for natural gas is still positive. June natural gas has oscillated in a choppy range between $2.759 and $2.579 for the past few days and prices closed near the top of this range at $2.737 on Wednesday....
Submitted by admin on Mon, 05/28/2012 - 6:40amNG inkection within expectations
Today's weekly injection report was a non event in that it came in around the consensus expectation and has not deviated enough from the expectations to move Nat Gas prices strongly in either direction....
Submitted by admin on Mon, 05/28/2012 - 6:40amOil in short covering rally
Neither the European meeting nor the Iran/West meeting made much progress yesterday. On the macroeconomic front the preliminary PMI data out of China came in a tad below expectations and solidly below the expansion threshold of 50....
Submitted by admin on Mon, 05/28/2012 - 6:40am
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