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Natural gas prices are falling — why these analysts are bullish
Natural gas prices ( NG=F) are down nearly 40% year to date amid a glut in supply and a milder-than-expected winter. But analysts see an upside for the commodity going into the end of the year — in part due to growing AI electricity demand.
Why gas prices are falling in Northeast Ohio
The average price for gasoline across Northeast Ohio is 12 cents lower this week at $3.561 per gallon, according to AAA East Central’s Gas Price Report.
US natural gas prices fall on forecasts for less demand, storage oversupply
US natural gas futures fell about 3% on Wednesday on forecasts for less demand over the next two weeks than expected and an ongoing massive oversupply of gas in storage. Analysts said stockpiles were around 34% above normal levels for this time of year.
Gas Prices Fall Slightly in April 2024 – Will that Continue in May?
The nation just saw the first weekly drop in the average price of gas since February. See what analysts predict as we head into the warmer months, plus check out which states have the cheapest gas.
Here’s when gas prices could start falling according to GasBuddy
The nation’s average price of gasoline has risen for the third straight week, climbing 4.3 cents from a week ago to $3.64 per gallon Monday, according to GasBuddy® data.
Gas Prices Likely to Keep Falling Ahead of Peak Driving Season
The nationwide average price for a gallon of gasoline on Wednesday was $3.66, down from 3.667 on Tuesday, and the same as a week ago, despite the springtime surge that generally precedes Memorial Day weekend and the peak driving season.
Natural-gas prices post their first monthly gain since October. Here’s why.
Natural-gas futures were among the largest commodity gainers in April — posting a monthly rise of almost 13% as traders bet on a slowdown in U.S.
U.S. Natural Gas Futures Rebound After Front Month Switch
U.S. natural gas futures bounced with the June contract moving back above the key $2 level, supported by estimates of lower U.S. production and a pickup in LNG feedgas demand.
Wane
2d
Here’s where GasBuddy says gas prices are headed
With more confidence every day, it appears the spring top is in: average gas prices have started to cool off in many areas.
ABC Columbia
23h
Gas prices may be at peak for Spring
(CNN)– Gas prices in the U.S. may have hit their peak for the Spring and possibly the year. As of this afternoon, the ...
Business Insider
11h
Stock Market Crash Warning: Don’t Get Caught Holding These 3 Oil & Gas Stocks
However, not everything is going well for ExxonMobil. In its first quarter earnings report, net income declined 28% due to ...
3h
Comstock Resources Inc (CRK) Q1 2024 Earnings: Challenges with Natural Gas Prices Impact Results
Revenue: Reported at $336 million, including realized hedging gains, falling short of the estimated $351.26 million. Net Loss ...
1d
Texas operators turn to flaring amid weak gas prices
Operators drilling for oil in Texas are scrambling to dispose of excess natural gas amid a supply glut and weak prices, ...
8h
Battery prices are plummeting. That’s good news for the planet.
Battery prices could fall by 40% by 2030, but more work is to be done.
2h
Metro Vancouver gas prices fall, could dip further as Trans Mountain pipeline flows: experts
Petroleum industry analyst Dan McTeague told Global News prices seen earlier this week of up to $2.20.9 appear to be the ...
6h
on MSN
Oil prices fall, with weekly U.S. crude supplies up by more than 7 million barrels
Oil futures declined Wednesday, poised for a third straight session loss after official U.S. data revealed an unexpected ...
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