by Research Reports | Jun 25, 2020
Today the EIA reports natural gas storage inventories for week ending June 19th. We are looking for an 108 Bcf injection. Again we could see some small low side risk due to demand continuously returning as states reopen and as people get more comfortable getting back...
by Research Reports | Jun 24, 2020
Our storage estimate for week ending June 19 is a 108 Bcf injection. The S/D balances were looser week-on-week with increased daily injections. We are once again looking for a triple digit injection. This should now be the last one until after the peak heat disappears...
by Research Reports | Jun 23, 2020
According to Reuters, buyers of US LNG exports have canceled 40-45 cargoes for August loading due to the slow demand recovery seen in Asia and record high European storage. This mirrors July cancellations in the same range and is higher than the June...
by Research Reports | Jun 22, 2020
It’s officially summer, and total natgas consumption is starting to rise quickly. We’re expecting to power demand to increase over the coming week, while rescomm demand has bottomed out around 7-8 Bcf/d. Today, power natgas consumption is expected to be 37.8...
by Research Reports | Jun 21, 2020
Global natural gas markets are under severe pressure with oversupply colliding with the destructive economic/demand impact of the Covid-19. This double whammy has driven down gas pricing benchmarks to record lows in Europe, the US and Asia. These low global...
