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2019-01-16 11:00:00

GAS PRICE: NEAR $3.5

GAS PRICE: NEAR $3.5

PLATTSThe NYMEX February natural gas futures contract jumped 49.2 cents in trading Monday to settle at $3.591/MMBtu with colder weather forecast for the eastern half of the US toward the end of the month.

The 49.2-cent increase is the highest day-on-day jump for the NYMEX front-month contract since November 14.

Monday's surge also puts the front-month contract comfortably above $3/MMBtu, which it has only hit three times since…

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Tags: GAS, PRICE,
Chronicle:
GAS PRICE: NEAR $3.5
2019, May, 22, 10:35:00
CANADA'S GDP GROWTH 1.5%
Real GDP growth is projected to decline to 1.5 percent in 2019, partly reflecting a disappointing first quarter and more subdued global growth.
GAS PRICE: NEAR $3.5
2019, May, 22, 10:30:00
INDONESIA'S GDP GROWTH 5.2%
Real GDP growth reached 5.2 percent in 2018, and is expected to remain at 5.2 percent in 2019, driven by robust domestic demand growth and supported by recovering bank credit.
GAS PRICE: NEAR $3.5
2019, May, 22, 10:25:00
RUSSIA,RWANDA NUCLEAR
On the May 16, 2019, in Moscow, the roadmap for establishing Russian-Rwanda cooperation in the peaceful uses of atomic energy was signed.
GAS PRICE: NEAR $3.5
2019, May, 21, 15:55:00
OIL PRICE: ABOVE $72 ANEW
Brent crude futures, the international benchmark for oil prices, were at $72.31 per barrel at 1030 GMT, up 34 cents, or 0.5 percent, from their last close. U.S. West Texas Intermediate (WTI) crude futures were up 42 cents, or 0.7 percent, at $63.52 per barrel.
GAS PRICE: NEAR $3.5
2019, May, 21, 15:45:00
BALANCED OIL MARKET
Following its 14th Meeting, which took place on 19 May 2019, in Jeddah, the Kingdom of Saudi Arabia, the Joint Ministerial Monitoring Committee (JMMC) has reaffirmed its commitment to achieving a balanced market and working towards oil market stability on a sustainable basis with solid fundamentals.
GAS PRICE: NEAR $3.5
2019, May, 21, 15:40:00
OPEC+ WILL STAY
"We want to bring inventories down to a more normal levels," Falih said. "We need to stay the course and do that in the weeks and months to come."
GAS PRICE: NEAR $3.5
2019, May, 21, 15:35:00
OPEC+ RUSSIA COOPERATION
Russia sees a range of options that would allow OPEC+ to continue output cooperation until year-end, from easing the limits to ending the extreme throttling-back that has seen some countries exceed original cutback targets.
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