U.S. energy firms this week held the number of oil and natural gas rigs operating steady, energy services firm Baker Hughes ...

Natural Gas Rig-Count Unexpectedly Surges Higher 1324 ET – The number of active, natural gas-targeted rigs in the US surprisingly climbs by 11 in the latest week to 135, according to oilfield ...

Natural Gas Retreats Slightly as Rig-Count Data Awaited 0826 ET – Natural gas prices shed 0.9% to $2.569/mmBtu but are holding on to most of yesterday’s nearly 10% surge that left prices at ...

Despite the risks, natural gas will likely return to $3.37 by next August as producers will cut output until prices return to breakeven levels. Thus, I expect UNG may remain in its current range ...

Despite the decrease, the total rig count is up by only 17, or 2%, compared to the same period last year. By the end of 2022, the rig count had increased by 193 rigs over the prior year.