New York (awp/afp) – oil prices opened down Wednesday in New York, in a market on guard before the release of weekly inventory of black gold to the United States and a speech eagerly awaited by the boss of the U.S. Federal Reserve (Fed), Ben Bernanke. To 13 H 10 GMT (15:10 CET), a barrel [...]

Natural gas soars as gas exports are probably going to happen a lot faster than many thought and pain at the pump is back as refinery woes mess up the trend of lower prices. On Friday, Reuters News reported “The Obama administration opened the door to a new era of U.S. energy exports on Friday, [...]

Natural gas futures rose to a two-week high in New York on forecasts for a heat wave to spread across the U.S., boosting cooling demand. Temperatures in central and mid-Atlantic states will be higher than average through May 20, Commodity Weather Group LLC in Bethesda, Maryland, said today in a note to clients.Cincinnati will reach 93 degrees [...]

Natural gas rose in New York from the lowest level in more than a month as weather forecasts for Western heat and Northeastern cold spurred speculation that demand will increase. Futures advanced as much as 1.1 percent after AccuWeather Inc. in State College, Pennsylvania, predicted that Burbank, California, may reach 103 degrees Fahrenheit (39 Celsius), [...]