The natural gas market continues to see a lot of noisy trading, as the $4 level is an important level for the market, and an area that I think will continue to be a magnet for price, and it should continue to be an important pivot level.

U.S. energy firms this week cut the number of oil and natural gas rigs operating for a second week in a row to the lowest since December 2021, energy services firm Baker Hughes said in its closely followed report on Friday.

Natural-gas prices hit some of the lowest prices on record last year after one of the warmest winters on record left a surplus of the heating fuel unburned. That's looking less likely to repeat i

Chile expects to reach a new agreement with neighbor Argentina to supply up to 2.5 million cubic meters of natural gas per day as needed in the cooler winter and springs months through September to meet energy deficits in the country's remote north.

The natural gas market has gapped higher to kick off the week but then fell fairly hard. However, it is worth noting that we have found buyers and have bounced enough to suggest that the buyers are still in control.

Stocks for the week ended Jan. 10, were 3,115 Bcf vs. 3,373 Bcf for the week ended Jan. 3. Net change: -258 Bcf vs -40 Bcf for the week ended Jan. 3. Futures (NG1:COM) -0.27% to $4.07. ETFs: (UNG), (BOIL),

The Odessa American is the leading source of local news, information, entertainment and sports for the Permian Basin.

At the end of 2024, natural gas futures soared, reaching nearly $4 per unit, their highest point since June. But what will this mean for North Carolina homes that rely on gas-powered furnaces?

SEEKONK, Mass. (WJAR) — Seekonk police reported a “large” gas leak Friday. In a social media post, they said the leak is in the area of Fall River Avenue near Interstate 195. East Providence police said the highway was shut down temporarily in both directions at the state line. It has since reopened.

XOM's natural gas find off Egypt's coast could help the nation reverse its declining production and regain its status as a key energy supplier.

Europe may see a shortfall of LNG, which is becoming apparent after Ukraine ceased a transit agreement on January 1, 2025, for Russian natural gas via pipelines that serviced Germany and other nations. Europe will require an additional 10 percent more LNG than in 2024, meaning higher prices for consumers and industries.

EQT (NYSE:EQT) +3.21% and Devon Energy (NYSE:DVN) +3.7% in Wednesday's trading as Bernstein upgrades both stocks to Outperform from Market Perform with respective $73 and $45 price targets, seeing an undersupplied natural gas market driving prices above $5/mcf starting this year and continuing to 2030 as providing a unique opportunity for