Natural gas futures firm

Natural gas futures trade firm at Rs 220 per mmBtu on October 26 as participants increased their long positions, as seen by the open interest. Natural gas price had gained 7.14 percent on the NYMEX the previous week.

Natural gas prices have been supported by rising US gas exports and lower than anticipated build in inventory seen from US Energy Information Administration (EIA) data.

Touchstone Exploration Inc (LON:TXP) is a Canadian-based, international upstream oil and gas company currently active in the Republic of Trinidad and Tobago.

Click to view all articles for the EPIC:
Or click to view the full company profile:
Share on facebook
Facebook
Share on twitter
Twitter
Share on linkedin
LinkedIn

More articles like this

LNG carriers set to boom

GCEF has forecast a balanced global liquefied natural gas (LNG) shipping market in the short-and medium-term with the upcoming commissioning of new LNG carriers. According to GCEF’s report on the new trends on the global market of LNG

Natural gas futures strengthen further

A massive day/day decline in U.S. production drove more gains for natural gas futures despite a modest pullback in exports and continued outlooks for moderate early May temperatures. The May Nymex futures contract settled at $2.873, up 8.3

Natural gas prices jump

The U.S. benchmark natural gas price reversed losses from earlier on Thursday and turned higher after the Energy Information Administration reported a smaller-than-forecast injection into storage. As of 11:30 a.m. on Thursday, the price of natural gas at Henry Hub was up

More good news from Touchstone exploration

Touchstone Exploration yesterday announced the completion of flowback testing of the Cascadura Deep-1 well, confirming a liquids rich natural gas discovery. Touchstone has an 80 per cent operating working interest in the well, which is located on the

Big oil set to return to profit in 2021

Vitol, Shell and Exxon are all expected to announce profits in Q1 2021 following a turbulent 2020. The three companies are profiting from increased oil demand and a rise in oil prices, giving analysts hope for a strong

Touchstone Exploration updates on testing at Chinook-1 & Cascadura Deep-1

Touchstone Exploration Inc (LON:TXP) has provided an update regarding exploration operations on the Ortoire block, onshore Trinidad and Tobago (Touchstone 80% working interest operator, Heritage Petroleum Company Limited 20% working interest). Highlights ·      Completed and tested the third interval at