U.S. natural gas futures open interest increased +12 bcf (+1%)
Net long positions fell -15 bcf (-17%) for the week ending April 26
#energy #NaturalGas #shale #fintwit #oilandgas #Commodities #ONGT #natgas
$1.54 Henry Hub natural gas price was at the marginal value for the week ending April 26
#energy #NaturalGas #shale #fintwit #oilandgas #Commodities #ONGT #natgas
U.S. natural gas 12-month spread narrowed -$0.49 (-34%) for the week ending May 3
July contract increased +$0.13 (+6%) & front-month price rose +$0.53 to $2.14
#energy #NaturalGas #shale #fintwit #oilandgas #Commodities #ONGT #natgas
U.S. natural gas 12-month spread narrowed -$0.22 (-24%) for the week ending May 10
July contract increased +$0.07 (+3%) & front-month price rose +$0.11 to $2.25
#energy #NaturalGas #shale #fintwit #oilandgas #Commodities #ONGT #natgas
“The loss of revenues from Europe is an unfixable problem without going back into Europe.”
ft.com/content/f6ba32…
#energy #NaturalGas #shale #fintwit #oilandgas #Commodities #ONGT #natgas