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Natural gas producers and gas-transport shares tracked US natural gas futures lower, as weather forecasts for late July shifted cooler and production continued running high, near 107B cf.
Aug nat-gas prices plunged to a 1-week low Monday on the outlook for cooler US temperatures, which will curb nat-gas demand from electricity providers to provide increased air-conditioning usage.
U.S. natural gas futures fall sharply, giving back most of last week’s gains on cooler near-term temperature forecasts, a decline in LNG feedgas flows and a rise in natural gas rigs.
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MarketBeat on MSNKinder Morgan: At the Hotspot of the Natural Gas Revolution
Kinder Morgan (NYSE: KMI) is poised to grow robustly over the coming years, at a steady and reliable pace that income investors can appreciate. Growth will be driven by the combination of its ...
The natural gas market has been a bit negative in the early hours of Monday, as the market continues to see a lot of ...
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