Natural Gas News: Futures Hold Strong as Traders Eye EIA Report and Arctic Weather – FX Empire
If $3.850 is not sustained, prices could accelerate towards $3.330, but continued cold weather and weak production levels make such a decline unlikely. It seems. As of 12:42 (Japan time), natural gas futures are trading at $4.116, up $0.033 (+0.81%). Will the EIA report be a bullish boost? Today's EIA Weekly Storage Report will play […]
US led global oil production for sixth straight year in 2023: EIA
Barrons Roundtable discusses oil prices and natural gas demand. America led the world oil production According to a new report from the Energy Information Administration (EIA), 2023 will mark the sixth consecutive year of growth. U.S. crude oil production, including condensate, will average 12.9 million barrels per day (b/d) in 2023, surpassing the U.S. and […]