United States Natural Gas (UNG) Falls on Inventory Data
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June 19, 2014 11:53 AM EDT
Moody's Investors Service has raised its assumptions for average spot prices for the two benchmark barrels of crude, European Brent and West Texas Intermediate (WTI), and for North American natural gas.
Moody's increased the Brent crude price assumptions it uses for rating purposes to $105/barrel (bbl) for the remainder of 2014 and $95/bbl in 2015. In North America, the ratings agency increased its price assumptions for WTI crude to $100/bbl for the rest of 2014, and to $90/bbl in 2015.
Meanwhile, Moody's increased the price assumption it uses for rating purposes for North American benchmark Henry Hub natural gas to $4.50 per... More
June 19, 2014 10:30 AM EDT
EIA says U.S. nat gas stockpiles rose 113 bcf last week.
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