|Day Low/High||48.76 / 49.31|
|52 Wk Low/High||49.52 / 66.48|
It will affect U.S. markets, but we suggest using it as a buying opportunity.
Natural gas prices have been slowly but steadily rising since April 2012.
Why not buy Gazprom while the Ukraine conflict makes it cheap?
It set in motion events that could cause more pain in the weeks ahead.
As long as demand remains inelastic, the industry will pass along costs to the consumer.
Don't trade big until there is clarity on direction and traction.
U.S. Energy Secretary Ernest Moniz pointed to a landmark shift in the administration's energy policy.
Crude oil inventories dropped by 2.4 million barrels, and despite the drawdown, investors were looking for an even larger inventory decline to make up for the glut of supply.
The Energy Information Agency reports crude oil inventories build by 6.6 million barrels in the latest week -- a much larger-than-expected build.
Cindy Wexler doesn't expect natural gas and oil prices to move significantly now because Russia needs the money and Europe needs the resources -- a scenario that will keep the pipelines running.
MLV managing director Michael Peterson says exporting liquefied natural gas to Europe from the U.S. requires huge company capital investment.