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Oil report Headlines

UPDATE 3-Court says ETE can walk away from $20 bln Williams takeover

NEW YORK/WILMINGTON, Del., June 24 Energy Transfer Equity won a court ruling on Friday that would allow the pipeline operator to walk away from its more than $20 billion takeover of rival Williams Cos Inc, a deal that Energy Transfer agreed to in September but soured on in January.

UPDATE 1-Speculators boost U.S. natural gas net longs for 4th week -CFTC

(Adds benchmark and gas prices) June 24 U.S. natural gas speculators boosted their net longs for a fourth consecutive week, betting prices will rise as production eases and power demand remains high to meet rising air-conditioning use during an unusually hot start to the summer. Speculators in four major NYMEX and ICE markets increased their bullish bets by 12,388 contracts to 94,209 in the week to June 21, the U.S. Commodity Futures Trading Commission said on Friday.

Speculators boost U.S. natural gas net longs for 4th week -CFTC

June 24 U.S. natural gas speculators boosted their net longs for a fourth consecutive week, betting prices will rise as production eases and power demand remains high to meet rising air conditioning use during an unusually hot start to the summer. Speculators in four major NYMEX and ICE markets added to their bullish bets by 12,388 contracts to 94,209 in the week to June 21, the U.S. Commodity Futures Trading Commission said on Friday. (Reporting by Scott DiSavino; Editing

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