Gas Inventories Dropped More than Expected. The EIA reported that natural gas in storage was 2,494 Bcf as of Friday, February 7, 2020. This represents a net decrease of 115 Bcf from the previous week. Natural gas prices find support from cold weather forecasts (Part 1 of 7) Natural gas inventories. The US Energy Information Administration (or EIA) reports natural gas inventory figures every week. Natural gas is an important fuel worldwide with uses spanning from power generation to plastics. Natural gas consumption in the US is very seasonal. Natural Gas Storage Indicator - EIA Report: The U.S. Energy Information Administration (EIA) weekly estimate of working natural gas volumes held in underground storage facilities at the national Natural gas futures prices were up about 2.2% in advance of the EIA’s report, at around $4.19 per million BTUs, but slipped slightly to around $4.17 immediately following the EIA report. Global gas-to-liquids growth is dominated by two projects in South Africa and Uzbekistan U.S. natural gas storage capacity increased slightly in 2016 U.S. Crude Oil and Natural Gas Proved Reserves
We provide accurate natural gas storage forecast as well as an outlook for Maximizing Trading Returns in Natural Gas Through Fundamental Analysis! PRICES, TRADING VIEW, SPECIAL REPORTS Oil Products Inventories at Five Major Ports; EIA STEO (Evolution of Forecasts); LNG Report (to be launched soon).
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. Natural Gas Price Prediction – Prices Slide Ahead of Inventory Report Expectations are for a 85 Bcf build according to Estimize. David Becker. Sep 11, 2019 07:53 PM GMT. US natural gas inventories declined by 48 Bcf for the week ending March 6, compared with the five-year (2015–19) average net withdrawal of 99 Bcf. Working gas stocks total 2,043 Bcf, which is 227 Bcf higher than the five-year average and 796 Bcf higher than last year at this time.… Natural gas storage inventories decreased 48 Bcf for the week ending March 6, according to the EIA’s weekly report. This was below the expected draw of 56 Bcf. Working gas storage inventories now sit at 2.043 Tcf, which is 796 Bcf above inventories from the same time last year and 227 Bcf above the five-year average. Currently, 94,344 analysts contribute to Estimize, resulting in coverage on over 2,800 stocks and 85 economic indicators each quarter. The Estimize consensus has proven more accurate than comparable sell side data sets over 70% of the time and by 15% on average. At the beginning of April, the natural gas inventory injection season started with working inventories 28% below the five-year average for the same period. By the week ending September 27, working gas inventories reached 3,317 billion cubic feet (Bcf), within 1%, of the five-year average. Strong growth in natural gas production is the primary contributor to rapid NGPL production growth. Natural gas demand gas been rising rapidly in the United States, and domestic consumption and exports have set new records. Because most raw natural gas does not meet quality requirements for end-use markets, more than 60% of the natural gas produced must be processed at natural gas processing plants.
Crude Oil Production Re-benchmarking Notice: When we release the Short-Term Energy Outlook (STEO) each month, the weekly estimates of domestic crude oil production are reviewed to identify any differences between recent trends in survey-based domestic production reported in the Petroleum Supply Monthly (PSM) and other current data. If we find a large difference between the two series, we may
Natural gas prices find support from cold weather forecasts (Part 1 of 7) Natural gas inventories. The US Energy Information Administration (or EIA) reports natural gas inventory figures every week. Natural gas is an important fuel worldwide with uses spanning from power generation to plastics. Natural gas consumption in the US is very seasonal. Natural Gas Storage Indicator - EIA Report: The U.S. Energy Information Administration (EIA) weekly estimate of working natural gas volumes held in underground storage facilities at the national Natural gas futures prices were up about 2.2% in advance of the EIA’s report, at around $4.19 per million BTUs, but slipped slightly to around $4.17 immediately following the EIA report. Global gas-to-liquids growth is dominated by two projects in South Africa and Uzbekistan U.S. natural gas storage capacity increased slightly in 2016 U.S. Crude Oil and Natural Gas Proved Reserves
Global gas-to-liquids growth is dominated by two projects in South Africa and Uzbekistan U.S. natural gas storage capacity increased slightly in 2016 U.S. Crude Oil and Natural Gas Proved Reserves
The Energy Information Administration (EIA) Natural Gas Storage report measures If the increase in natural gas inventories is more than expected, it implies Weekly Natural Gas Storage Report. for week ending March 6, 2020 | Released: March 12, 2020 at 10:30 a.m. | Next Release: March 19, 2020 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 Natural Gas Intelligence Content on Storage. CFTC-Commitments-of-Traders- Report-20200305.png. Headwinds Persist for Natural Gas Forwards Despite Get free Natural Gas (NG) daily & weekly technical and fundamental forecasts, analysis, inventory report and news written by FX Empire's professional analysts.
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
Apr Nymex natural gas (NGJ20) on Wednesday closed down -0.122 (-6.90%). Nat-gas prices on Wednesday plummeted to a 24-1/2 year nearest-futures low on We provide accurate natural gas storage forecast as well as an outlook for Maximizing Trading Returns in Natural Gas Through Fundamental Analysis! PRICES, TRADING VIEW, SPECIAL REPORTS Oil Products Inventories at Five Major Ports; EIA STEO (Evolution of Forecasts); LNG Report (to be launched soon).