Adding Confidence to Your Trading Decisions

TRADING
VIEW
LATEST
FORECASTS
DAYS OF
SUPPLY
Home Membership Market Research Trading Guide Track Record Free Content Update Schedule Contacts
Log In

Market Research

April 23, 2019  
This Thursday, we expect EIA to report 1,336 bcf of working gas in storage for the week ending April 19. We anticipate to see an injection of 89 bcf, which is 109 bcf larger than a year ago and 42 bcf larger than 5-year average. Dry gas production has failed to set a new all-time high for 25 consecutive days now, but near-term storage level outlook remains bearish. Despite bearish fundamentals, we think it is going to be a sideways market, so we will be buying the dips and selling the rallies.
Detail
April 17, 2019  
We are no longer bearish on natural gas. We are now starting to buy summer contracts. One technical and three fundamental reasons to buy the dips.
Detail
April 12, 2019  
Natural gas consumption for January was the highest level for any month since 2001. The average daily rate of dry natural gas production for January was the second highest for any month since EIA began tracking monthly dry natural gas production in 1973. Under the latest weather forecasts, we project that natural gas consumption will decline in annual terms by around 1.70% (on average) over the next three months. We have been bearish on natural gas and have been selling the rallies for the past month or so. However, we are not adding to our short exposure anymore. We believe that over the next three months, total supply will be growing faster (on an annualized basis) than total demand ensuring that total supply-demand balance will be looser relative to 2018.
Detail
February 28, 2019  
Total demand for American natural gas is down 4.0% w-o-w to 118 bcf per day. Total natural gas supply is down 0.6% w-o-w to 96.2 bcf per day. LNG exports reach a new all-time high. We currently expect EIA to report a draw of 137bcf next week. Total demand should reach a near-term peak on March 7, but is still projected to grow (in annual terms) for another five weeks.
Detail
February 26, 2019  
This Thursday, we expect EIA to report 1,537 bcf of working gas in storage for the week ending February 22. We anticipate to see a draw of 168 bcf, which is 83 bcf larger than a year ago and 64 bcf larger vs 5-year average. Dry gas production has failed to set a new all-time-high for 88 consecutive days now. Nuclear outages have risen above 5-year average. Total natural gas balance is currently projected to be 6.7 bcf/d tighter in March, but 8.0 bcf/d looser in April (vs. 2018).
Detail
February 21, 2019  
Total demand for American natural gas is up 3.0% w-o-w to 125.8 bcf per day. Total natural gas supply is up 0.9% w-o-w to 96.8 bcf per day. We currently expect EIA to report a draw of 165 bcf next week. Aggregate demand is projected to grow (in annual terms) for another six weeks. Natural gas stocks will be 30% below 5-year average by mid-March (in case weather models do not change materially).
Detail
February 19, 2019  
This Thursday, we expect EIA to report 1,712 bcf of working gas in storage for the week ending February 15. We anticipate to see a draw of 170 bcf, which is 36 bcf larger than a year ago and 22 bcf larger vs. the 5-year average. Dry gas production has failed to set a new all-time-high for 81 consecutive days now. Total monthly natural gas balance is currently projected to be 4.3 bcf/d tighter in February (vs. 2018) and 1.8 bcf/d tighter in March.
Detail
February 15, 2019  
Total demand for American natural gas is up 12.0% w-o-w to 123.0 bcf per day. Total natural gas supply is up 1.0% w-o-w to 96.0 bcf per day.We currently expect EIA to report a draw of 173 bcf next week. Export terminals served nine LNG vessels with a total natural gas capacity of 32 bcf, just 2 bcf short of an all-time high. Aggregate demand is currently projected to rise by 4.0% w-o-w in the week ending February 22.
Detail
February 13, 2019  
Natural gas consumption for November was the highest level for the month since 2001 when EIA began using the current definitions for consuming sectors. November was the 19th consecutive month that industrial deliveries set a new monthly high. Natural gas exports were the highest for any month since EIA began tracking monthly exports in 1973. In February and in March, total supply will be growing slower (on an annualized basis) than total demand ensuring that total supply-demand balance will be tighter relative to 2018.
Detail
February 12, 2019  
This Thursday, we expect EIA to report 1,875 bcf of working gas in storage for the week ending February 8. We anticipate to see a draw of 85 bcf, which is 98 bcf smaller than a year ago and 75 bcf smaller vs. 5-year average. Dry gas production has failed to set a new all-time high for 74 consecutive days now. Thanks to lower natural gas prices, coal-to-gas switching is back above the norm.
Detail
February 10, 2019  
Total demand for American natural gas is down 20.0% w-o-w to 110.0 bcf per day, but is projected to rebound next week. Total natural gas supply is down 2.0% w-o-w to 95.1 bcf per day. We currently expect EIA to report a draw of 85 bcf next week. Projected total degree-days remain above the norm. Aggregate demand is currently projected to rise by 10% w-o-w in the week ending February 15.
Detail
February 5, 2019  
This Thursday, we expect EIA to report 1,956 bcf of working gas in storage for the week ending February 1. We anticipate to see a draw of 241 bcf, which is 125 bcf larger than a year ago and 91 bcf larger vs. 5-year average. Market's EOS storage expectations are inconsistent with the latest weather outlook. Dry gas production has failed to set a new all-time-high for 67 consecutive days now.
Detail
January 31, 2019  
Total demand for American natural gas is up 9.0% w-o-w to 135.0 bcf per day. Total natural gas supply is down 0.5% w-o-w at 96.8 bcf per day. We currently expect EIA to report a draw of 243 bcf next week. Projected total degree days remain above the norm.
Detail
January 29, 2019  
This Thursday, we expect EIA to report 2,186 bcf of working gas in storage for the week ending January 25. We anticipate to see a draw of 184 bcf, which is 58 bcf larger than a year ago and 34 bcf larger vs. the 5-year average. The weather models remain extremely volatile, but mostly support above normal consumption levels. Dry gas production has failed to set a new all-time-high for 60 consecutive days now.
Detail
January 24, 2019  
Total demand for American natural gas is up 6.0% w-o-w to 123.0 bcf per day (up more than 20% y-o-y). Total natural gas supply is down 0.9% w-o-w at 97.1 bcf per day. We currently expect EIA to report a draw of 180 bcf next week. Weather models have stayed bullish for the past two weeks now. Aggregate demand is currently projected to jump by another 12% w-o-w in the week ending February 1.
Detail
January 22, 2019  
This Thursday, we expect EIA to report 2,380 bcf of working gas in storage for the week ending January 18. We anticipate to see a draw of 153 bcf, which is 120 bcf smaller than a year ago and 32 bcf smaller vs. 5-year average. The weather outlooks is bullish – large storage draws are coming. Dry gas production has failed to set a new all-time-high for 53 consecutive days now.
Detail
January 18, 2019  
Total demand for American natural gas is up 9.0% w-o-w to 108.2 bcf per day. Total natural gas supply is flat at 96.6 bcf per day. We currently expect EIA to report a draw of 152 bcf next week. Weather models are very bullish (so far). Aggregate demand is currently projected to jump by 20% in the week ending January 25.
Detail
January 16, 2019  
This Thursday, we expect EIA to report 2,528 bcf of working gas in storage for the week ending January 11. We anticipate to see a draw of 86 bcf, which is 122 bcf smaller than a year ago and 132 bcf smaller vs. 5-year average. Weather is helping the bulls – annual storage surplus will only hold for a few days. Dry gas production has failed to set a new all-time high for 47 consecutive days now.
Detail
January 15, 2019  
Low natural gas inventories (relative to historical norms) make price extremely susceptible to changes in the short-term weather models. If we trust GFS model entirely and completely ignore ECMWF, then we should expect a 300 bcf draw for the week ending February 1. Prompt-month contract is very risky to trade. Summer contracts are still undervalued.
Detail
January 11, 2019  
Total demand for American natural gas is down 5.0% y-o-y to 98 bcf per day. Total natural gas supply is up 12.0% y-o-y to 96.6 bcf per day. We currently expect EIA to report a draw of 77 bcf next week. Weather models are getting bullish - projected energy demand is now above the norm. In February, annual storage deficit could start expanding again.
Detail
Pages:   Prev   1   2   3   4   5  6   7   8   9   10   Next   Last 
Copyright 2015 - 2020 © Bluegold Research     [ Terms of Use ]   [ Contacts ]
Site by Smartum IT