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Adding Confidence to Your Trading Decisions
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Our Product
We provide high quality intelligence on U.S. natural gas market. Our data-driven analytics enables traders to make smart and well-informed decisions and to place trades with confidence and risk-awareness. We provide accurate natural gas storage forecast as well as an outlook for key market variables: production, consumption, imports and exports (including LNG).
Our Aim
By providing accurate, in-depth analysis of natural gas fundamentals, our aim is to help traders maximize returns and minimize the risks.
Our Vision
Maximizing Trading Returns in Natural Gas Through Fundamental Analysis!
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Natural Gas Market - Data and Forecasts
Bluegold Research (BGR) is an independent provider of market information and trading analytics for the U.S. natural gas market. We provide extensive coverage and in-depth analysis along with the trading commentary, forward guidance and actionable weather forecasts. We help our customers make confident trading decisions.
Bluegold Research makes sense of market data so you don't have to. We collect loads of information and analytics and use it to produce a clear picture on the current and future trends in the US natural gas market. Because we provide both a long-term outlook and a short-term view of the marketplace, our projections enable traders to make high-quality, well-informed and confident trading decisions.
Full Access:
$1.20 per day*
| WEATHER |
FUNDAMENTAL VARIABLES |
STORAGE |
- Short-range forecast (GFS, ECMWF)
- Extended-range outlook (ECMWF)
- Long-term projections (CFSv2)
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- Dry gas production
- National consumption
- Exports (inc. LNG)
- Imports
- SD balance
- Coal-to-gas switching
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- Market expectations
- Short-term forecast
- Mid-term forecast
- End-of-season storage indices
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| PRICES |
TRADING VIEW |
SPECIAL REPORTS |
- U.S. spot/cash prices
- NYMEX futures seasonality
- Gulf Coast LNG
- European prices (NBP, TTF)
- Regional LNG prices
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- Trading positions
- Levels and targets
- Forward guidance
- Risks and trends
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- Oil Products Inventories at Five Major Ports
- EIA STEO (Evolution of Forecasts)
- LNG Report (to be launched soon)
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| MARKET SENTIMENT |
AUXILIARY INDICATORS |
FREQUENT UPDATES |
- CFTC COT reports (oil and natural gas)
- Retail sentiment
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- Evolution of forecasts
- Expectations gap
- Days of supply
- Weather-neutral SD balance
- TS / TD curves
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- 04:00 AM EDT
- 4:00 PM EDT
- + live chat (Enelyst)
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  * best offer (12-month membership). Click HERE to see a full list of options. Please note that you only pay when you wish to pay. Memberships will not auto-renew. Your card will NOT be charged once your membership expires. To become a member, please register, log in and purchae any amount of subscription days that you wish.
Natgas Futures, LNG And International Prices
| 20-Feb-20 |
United States |
United Kingdom |
Netherlands |
OIL** |
| NYMEX HH |
NYMEX HH STRIP |
Gulf Coast LNG |
NBP* |
TTF* |
WTI |
BRENT |
| Daily close (USD per MMBtu) |
$1.920 |
$2.33 |
$2.23 |
$2.99 |
$3.02 |
$53.78 |
$59.31 |
| % change |
| daily |
-1.8% |
-0.9% |
0.0% |
0.1% |
-0.8% |
0.9% |
0.3% |
| weekly |
5.1% |
-1.4% |
4.7% |
11.2% |
8.8% |
4.6% |
5.3% |
| monthly |
1.3% |
-2.8% |
-5.3% |
-17.8% |
-13.5% |
-7.8% |
-8.2% |
| annual |
-27.2% |
-14.6% |
-57.0% |
-51.6% |
-49.8% |
-5.5% |
-11.6% |
Last update: February 21, 2020, 2:53 EST
Natural Gas Inventories (Regions)
| 14-Feb-20 |
Natural Gas Inventories (Regions) |
| East |
Midwest |
Mountain |
Pacific |
S. Central |
Salt |
| BCF |
527 |
639 |
117 |
198 |
861 |
257 |
| % change |
| weekly |
-42 |
-55 |
-9 |
-4 |
-42 |
-12 |
| monthly* |
-169 |
-176 |
-34 |
-22 |
-204 |
-71 |
| annual |
125 |
195 |
29 |
58 |
205 |
30 |
| vs 5-Y av. |
74 |
101 |
-9 |
-19 |
53 |
10 |
| vs 5-Y min. |
125 |
200 |
29 |
58 |
237 |
81 |
| vs 5-Y max. |
-25 |
-37 |
-31 |
-80 |
-176 |
-73 |
Last update: February 20, 2020, 10:50 EST
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Market Research
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February 12, 2020
This Thursday, we expect EIA to report 2,492 bcf of working gas in storage for the week ending February 7. We anticipate to see a draw of 117 bcf, which is 16 bcf larger than a year ago but 14 bcf smaller vs. the 5-year average. Non-degree-day factors are having a minor bullish impact on potential natural gas consumption (compared to 2019). ECMWF 00z model was very bullish vs. yesterday's results. From February 17, total degree days are projected to trend mostly sideways. Nuclear outages are rising and should continue to rise rise until mid-April (at least).
Detail
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February 11, 2020
Total consumption of dry natural gas in November 2019 decreased in three of the four consuming sectors, but overall edged down by only 0.40% y-o-y (despite substantially weaker TDDs). Total natural gas exports were the highest for any month since EIA began tracking monthly exports in 1973. Under the latest weather forecasts, we project that U.S. natural gas consumption will rise by 2.64% y-o-y (on average) over the next three months (February to April). Over the next three months, total supply will be growing slower (on an annualized basis) than total demand, ensuring that total supply-demand balance will be tighter (relative to 2019). Our end-of-season storage index currently stands at 1,731 bcf, which is below market expectations of 1,895 bcf.
Detail
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February 5, 2020
This Thursday, we expect EIA to report 2,615 bcf of working gas in storage for the week ending January 31. We anticipate to see a draw of 131 bcf, which is 97 bcf larger than a year ago and 12 bcf larger vs. the 5-year average. Non-degree-day factors are having a minor bullish impact on potential natural gas consumption (compared to 2019). ECMWF 00z model was very bearish vs. yesterday's results, but total degree days are still projected to rise above the norm on Feb. 14. Combined LNG stocks (at six major facilities) currently stand at just 54% of total observed capacity.
Detail
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January 31, 2020
Total demand for U.S. natural gas is down 12.3% y-o-y to 119.5 bcf/d, but is projected to rise next week. Total U.S. natural gas supply is up 5.4% y-o-y to 103.5 bcf/d, but the growth rate should continue to slow. We currently expect the EIA to report a draw of 131 bcf next week, 97 bcf smaller than a year ago and 12 bcf smaller vs. the five-year average. TDDs are generally projected to trend higher, but remain below the norm (until at least Feb. 10 - Feb. 11). Natural gas storage "surplus" relative to the five-year average is currently projected to shrink by -44 bcf over the next three weeks.
Detail
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January 30, 2020
The weight of the Electric Power sector in the natural gas market continues to grow. NG/Coal spread has totally plunged - natural gas has never been so competitive for electricity generation (vs. coal) as it is today. Coal-to-gas-switching currently stands at around 7.6 bcf/d, some 1.8 bcf/d above the five-year average, and 1.3 bcf/d above last year's level. Wind, hydro, and solar generation can displace no less than 5.0 bcf/d of potential natural gas consumption in the Electric Power sector in February. Total natural gas balance in February is currently projected to be tighter than last year, but only by around -0.9 bcf/d, which is still a minor bullish signal.
Detail
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ENSO Statements
SSTAs
DPR (Gas Regions)
Natural Gas Rigs
Retail Sentiment
Retail Sentiment
Historical Price Range
Technical Chart
Forward Curve
ETFs (U.S.)
ETFs (Canada)
ETNs (U.S.)
Durable Goods Orders
Private Investment
Employment
Oil Prices
Forward Curves
WTI Price Forecast
Commercial Crude Oil
Refined Products
Crude Oil inc. SPR
Production
Imports
DPR (Oil Regions)
Oil Rigs
Consumption
Exports
Crude Oil Stocks
Products Inventory
SD Balance
