Adding Confidence to Your Trading Decisions

QUICK
SNAPSHOT
DAILY
CHANGES
DAYS OF
SUPPLY
Home Membership News Research Trading Commentary Track Record Update Schedule Contacts
Log In

Natural Gas Days of Supply


Last update: August 17, 2017, 7:39 EDT
Become a member
to see the latest chart

Description

Days of supply (DoS) is a measure of the adequacy of natural gas inventories. DoS is one of the most important fundamental indicators and serves as a key measure of market conditions. Essentially, it shows the number of days it will take to run out of natural gas in storage should production come to a standstill. While such a scenario is highly unlikely, the key here is not the number itself, but how it compares with history. A peak in the DoS usually occurs at the end of injection season, when storage inventories are seasonally high before winter. The bottom is reached in March when heating demand is weakening. As a general rule, natural gas prices get softer when DoS indicator is rising above the norm. Likewise, one can expect prices to increase when DoS indicator is getting below the norm. Remember, however, that markets are forward-looking. 

Updated every weekday by 9 AM Eastern time. 

Source: U.S. Energy Information Administration, NOAA National Weather Service / Climate Prediction Center, Bluegold Research estimates and calculations

Copyright 2015 - 2017 © Bluegold Research     [ Terms of Use ]   [ Contacts ]
Site by Smartum IT