Midstream

BP CEO Said ‘Somewhat Optimistic’ on Natural Gas Prices, but Not Enough to Boost U.S. Activity – Yet

This post was originally published on this siteBP plc, which has overhauled its global strategy following investor unease and volatile pricing, stands ready to ramp up U.S. natural gas development in the Haynesville Shale, but not until it has better price signals, CEO Murray Auchincloss said Tuesday.

BP CEO Said ‘Somewhat Optimistic’ on Natural Gas Prices, but Not Enough to Boost U.S. Activity – Yet Read More »

Technically Oversold, Natural Gas Futures Short-Covering Rally May Prove Sustainable Amid Bullish Seasonality

This post was originally published on this siteNatural gas futures were poised for a sustained rally after a sell-off took technical indicators into oversold territory ahead of the May contract’s roll off the board at the close of business on Monday, with June taking the lead and looming summer heat favoring market bulls.

Technically Oversold, Natural Gas Futures Short-Covering Rally May Prove Sustainable Amid Bullish Seasonality Read More »

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