Markets

Morning Natural Gas Market Report for 11/15/2010

December natural gas opened weaker in the electronic session Sunday night and in the process established a new seven day price low. However, prices managed to subsequently climb higher as they garnered some support from higher crude-complex prices. Some analysts noted that recent price action in natural gas below $4.00 has been slow to discourage natural gas drilling activity. The latest data from Baker Hughes showed the number of natural gas drilling rigs remained unchanged at 955.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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