Natural Gas

U.S. natural gas prices, tracked by the United States Natural Gas Fund LP (NYSE:UNG), are on pace to extend their winning streak to four sessions on Friday as the combination of lower-than-expected inventory builds and increased demand due to persistent heat reversed the bearish trend that...

Energy prices have soared over the past five years as climate change-induced extreme weather has hit several regions of the United States; meanwhile, record-high temperatures have kept Americans indoors. A new report contradicts the narrative that the switch to green energy is the sole factor...

Each week, Benzinga’s Stock Whisper Index uses a combination of proprietary data and pattern recognition to showcase five stocks that are just under the surface and deserve attention. Investors are constantly on the hunt for undervalued, under-followed and emerging stocks. With countless...

Energy commodity prices experienced another session of declines on Tuesday, despite investor concerns over potential supply disruptions from Hurricane Beryl. The price of West Texas Intermediate (WTI) light crude, tracked by the United States Oil Fund (NYSE:USO), fell for the third straight session...

TotalEnergies SE (NYSE:TTE), along with the Nigerian National Petroleum Corporation Ltd (NNPCL), is set to develop the Ubeta gas field in Nigeria. TotalEnergies is the OML 58 onshore license operator in Nigeria with a 40% interest. NNPCL holds a 60% stake. The OML 58 license project is situated...

The U.S. faces severe heat waves, impacting areas from the Midwest into much of the Ohio Valley, Great Lakes, Northeast, and Mid-Atlantic through the next few days. According to the latest updates from the National Oceanic and Atmospheric Administration (NOAA), high temperatures and warm overnight...

Prompt-month natural gas futures have exceeded $3 per million British thermal units on Monday, marking the highest level since mid-January 2024 and hitting a potential four-day winning streak, spurred by forecasts predicting increased cooling demand due to anticipated warm weather in June. Last...

The spot price for natural gas is near an all-time low, according to recent data from the Federal Reserve Bank of St. Louis. As an alternative to other forms of energy, how could natural gas affect the markets? The Data: The Fed St. Louis post references the price of natural gas at the Henry Hub...

Exxon Mobil Corporation (NYSE:XOM) and Qatar Energy‘s lead contractor for their Texas liquefied natural gas (LNG) plant reportedly filed for Chapter 11 bankruptcy protection, citing challenges at the project. Zachry Holdings, which held the lion’s share of the $10 billion...

The West Texas Intermediate (WTI) crude spot price, as tracked by the United States Oil Fund (NYSE:USO), hovered below $80 a barrel on Monday, remaining relatively stable despite significant geopolitical developments in the Middle East. Indeed, natural gas prices have experienced a substantial...

The Canada Energy Regulator (CER) reportedly issued an order to TC Energy Corp.’s (NYSE:TRP) NOVA Gas Transmission Ltd. (NGTL) to further reduce the operating pressure for the Grande Prairie Mainline gas pipeline in Alberta. As per the report, TC Energy said in a statement, “Currently ...

U.S. stocks kicked off the week on a positive note, with all major averages edging higher in anticipation of significant events including earnings reports from tech giants like Amazon.com Inc. (NASDAQ:AMZN) on Tuesday and Apple Inc. (NASDAQ:AAPL) on Thursday, a pivotal Federal Reserve Open Market...

Escalating electricity needs from running AI data centers will create downstream investment benefits in the utilities, renewable energy generation, and industrial sectors, according to Goldman Sachs. In a recently published study, equity analyst Carly Davenport has listed a basket of stocks...

Natural gas has been in focus with energy prices poised to climb on summer demand. The 2024 estimate for natural gas production has been lowered by around 1.3 billion cubic feet per day (Bcf/d) to 102.7 Bcf/d, with production volumes expected to decline to exit the year at 101.8 Bcf/d,...

While the investor spotlight remains fixated on tech and AI-related stocks, U.S. energy corporations have quietly embarked on a significant, albeit unnoticed, rally. The Energy Select Sector SPDR Fund (NYSE:XLE), a gauge for U.S. energy stocks, has posted a robust 16% rally from its January 2024...