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Goldman Sachs: Natural Gas Prices Won’t Rebound Until 2013

The steep decline in natural gas prices doesn't appear to have any short-term fixes on the horizon. Prices slipped below the $2 mark yesterday for the first time in more than 10 years, and many analysts say prices could go even lower through the summer. Now you can add Goldman Sachs to that camp.
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See more about: Natural Gas

Oil Prices Top $100 And Natural Gas Falls 5%

Business & Finance : Business Insider: Clusterstock (3 years ago)

Crude oil for March delivery has slipped below the $100 mark and is well off its day-high of $100.45 per barrel. Prices rose after the Federal Reserve said it would keep interest rates low until 2014, and after Iran said it would ha... Read Post

Goldman Slashes Its Forecasts For Natural Gas Prices

Business & Finance : Business Insider: Clusterstock (2 years ago)

Goldman Sachs is lowering its forecast for natural gas prices on an unexpected surge in production. The revision sees Q3 prices at $3.85/mmBtu and Q4 at $4.25/mmBtu, from a previous estimate of $4.50/mmBtu for both. Analysts Damien ... Read Post

Natural Gas Plunges To A 27-Month Low (GAS)

Business & Finance : Business Insider: Money Game (3 years ago)

Natural gas prices plunged on new inventory data. February 2012 natural gas contracts declined 3.2% in value. Prices touched as low as $3.001 per million British thermal units during the day, before rebounding slightly. Natural gas ... Read Post

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