Chesapeake Energy Narrows its 2012 First Quarter Loss
CBS News reported that Chesapeake Energy Corp. (NYSE:CHK) has narrowed its 2012 first quarter loss.
Oil & Gas Market News Directory
Natural Gas Futures Prices Rose 8.6 Cents
NASDAQ reported that natural gas futures prices rose 8.6 cents.
Oil Surged $1.29 as U.S. Manufacturing Data Signaled Economic Growth
Bloomberg reported that oil surged $1.29 to $106.16 as U.S. manufacturing data signaled economic growth.
U.S. Natural Gas Production in February Dropped 0.6%
Reuters reported that U.S. natural gas production in February dropped 0.6 percent.
Oil Dropped 82 Cents After Spain’s Economy Declined in Q1
Bloomberg reported that oil dropped 82 cents after Spain’s economy declined in the first quarter.
Canadian Natural Gas Surged 3.9 Percent
Bloomberg reported that Canadian natural gas surged 3.9 percent due to warmer-than-normal U.S. weather forecasts.
Oil Prices Edged Below $104 a Barrel
CBS News reported that oil prices edged below $104 a barrel as Standard & Poor's lowered Spain's credit rating.
Husky Energy Updates on its Western Canadian Heavy Oil Upgrader
Reuters reported that Husky Energy Inc (TSX:HSE) plans to taken downi its Western Canadian heavy oil upgrader for minor maintenance.
Dow Chemical: U.S. Should Restrict Natural Gas Exports to 10%
Bloomberg reported that according to Dow Chemical Co. (NYSE:DOW), U.S. should restrict natural-gas exports to 10 percent of output.
Natural Gas Supplies Surged 1.7% Last Week
Bloomberg reported according to the U.S. Energy Department’s natural-gas inventory report, natural gas supplies surged 1.7 percent last week.
