Natural gas inventories forecast
Get free Natural Gas (NG) daily & weekly technical and fundamental forecasts, analysis, inventory report and news written by FX Empire's professional analysts. Forecast. -59B. Previous. -109B. The Energy Information Administration (EIA) Natural If the increase in natural gas inventories is more than expected, it implies Working gas in underground storage, Lower 48 states Summary text CSV JSN. Historical Comparisons. Stocks billion cubic feet (Bcf), Year ago (03/06/19) 25 Feb 2020 In the U.S. Energy Information Administration's (EIA) February Short-Term Energy Outlook (STEO), EIA forecasts that the Lower 48 states' 11 Mar 2020 EIA forecasts that Henry Hub natural gas spot prices will average In the forecast, inventories rise by almost 2.1 Tcf during the April through
Working gas in storage was 2,043 Bcf as of Friday, March 6, 2020, according to EIA estimates. This represents a net decrease of 48 Bcf from the previous week. Stocks were 796 Bcf higher than last year at this time and 227 Bcf above the five-year average of 1,816 Bcf.
Click each box below for full details concerning storage projections for each week. Daily Natural Gas Injection or Withdrawal Summary 20 Jan 2020 US natural gas prices fell to the lowest level in four years on Monday, plunging But traders remain bearish on the outlook despite forecasts that head into the spring and summer with inventory levels well above average. 14 Jan 2019 With natural gas inventories still 15 percent below the five-year average, investment bank Barclays sees room for higher prices even if weather 21 Jan 2020 Natural-gas futures fell to their lowest level in nearly four years, Mild weather and oversupply have pushed the commodity down to levels not seen The EIA also reported Thursday that gas inventories fell by 109 billion 23 Nov 2019 Usually, gas prices and inventory spread move in opposite directions. A decline in the inventory spread is a positive price factor for natural gas 27 Nov 2019 Natural gas price forecast: find out the latest natural gas price in natural gas demand, which keeps inventories bigger than average, even
During a week in which oil and stock markets disintegrated and the coronavirus reached pandemic status, natural gas forward prices rallied as traders attempted
Inventories outlook for the next 12 months remained in the bearish configuration. Minimum for end of withdrawal season about 2 000 bcf, and max is 4 100 (November). In both cases it stay above 5 years average. Natural gas prices came deeper into a bearish zone and last year forecast mainly was fulfilled. For this year I do anticipate the continuation of bearish formation with a wide range of price fluctuation between 2.4 and 1.8.
EIA forecasts that net injections during the refill season (April 1–October 31) will bring the total working gas in storage to 4,029 Bcf, which, if realized, would be the largest monthly inventory level on record.
Working gas held in storage facilities in the United States decreased by 48 billion cubic feet in the week ending March 6 of 2020 . Natural Gas Stocks Change in 27 Feb 2020 In fact, inventories later this year will reach levels never seen before if forecasts prove accurate. The Nitty Gritty of Nat Gas Supply and Demand. 16 Jan 2020 Natural gas markets have pulled back a little bit during the trading session on Wednesday, as the market awaits the inventory figures coming Click each box below for full details concerning storage projections for each week. Daily Natural Gas Injection or Withdrawal Summary 20 Jan 2020 US natural gas prices fell to the lowest level in four years on Monday, plunging But traders remain bearish on the outlook despite forecasts that head into the spring and summer with inventory levels well above average. 14 Jan 2019 With natural gas inventories still 15 percent below the five-year average, investment bank Barclays sees room for higher prices even if weather
Working gas in underground storage, Lower 48 states Summary text CSV JSN. Historical Comparisons. Stocks billion cubic feet (Bcf), Year ago (03/06/19)
By the week ending September 27, working gas inventories reached 3,317 billion cubic feet (Bcf), within 1%, of the five-year average. EIA forecasts that natural gas storage levels will total 3,792 Bcf by the end of October, which is 2% above the five-year average and 17% above October 2018 levels. The same can be said if a decline in inventories is less than expected. If the increase in natural gas is less than expected, it implies greater demand and is bullish for natural gas prices. The same can be said if a decline in inventories is more than expected. GAS INVENTORY FORECAST DATA TODAY NATURAL GAS INVENTORIES STORAGE DATA : 30/01/2020 EIA forecasts that net injections during the refill season (April 1–October 31) will bring the total working gas in storage to 4,029 Bcf, which, if realized, would be the largest monthly inventory level on record.
If the increase in natural gas inventories is more than expected, it implies weaker demand and is bearish for natural gas prices. The same can be said if a decline in inventories is less than