Nat gas inventory forecast

27 Nov 2019 U.S. natural gas futures slipped on Wednesday on forecasts for less cold weather over the next two weeks than previously expected and a  Natural Gas Price Fundamental Daily Forecast – Traders Hunting for Stops Over $2.568 Amid Calls for Chilly Temps. The trend will change to up on a trade through $2.568, making this today’s upside target. Should a move through this level generate enough upside momentum, then with help from the “chilly” forecast, we could see an eventual surge into a 50% retracement level target at $2.636. 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.

4 Mar 2020 This Thursday, we expect the EIA to report 2088 bcf of working gas in storage for the week ending February 28. We anticipate to see a draw of  25 Feb 2020 EIA forecasts that net injections during the refill season (April 1–October 31) will bring the total working gas in storage to 4,029 Bcf, which, if  Find information for Henry Hub Natural Gas Futures Quotes provided by CME Group. View Quotes. Our intel offers the industry standard in natural gas data including supply and demand forecasts, storage estimates, and constraint analysis. Our team of 

The Energy Information Administration (EIA) Natural Gas Storage report measures the change in the number of cubic feet of natural gas held in underground storage during the past week. While this is a U.S. indicator it tends to have a greater impact on the Canadian dollar, due to Canada's sizable energy sector.

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  During a week in which oil and stock markets disintegrated and the coronavirus reached pandemic status, natural gas forward prices rallied as traders attempted   Earnings estimates for Weekly Natural Gas Storage from thousands of professional and amateur analysts who contribute to a open, crowdsourced estimate data  US EIA Weekly Natural Gas Storage Report. previous. forecast. actual. High Working Gas In Storage, Net Chg (Cbf). -109B. -58B. -48B. Med Working Gas In  4 Mar 2020 This Thursday, we expect the EIA to report 2088 bcf of working gas in storage for the week ending February 28. We anticipate to see a draw of  25 Feb 2020 EIA forecasts that net injections during the refill season (April 1–October 31) will bring the total working gas in storage to 4,029 Bcf, which, if  Find information for Henry Hub Natural Gas Futures Quotes provided by CME Group. View Quotes.

US EIA Weekly Natural Gas Storage Report. previous. forecast. actual. High Working Gas In Storage, Net Chg (Cbf). -109B. -58B. -48B. Med Working Gas In 

According to The Desk survey of natural gas analysts, estimates of the weekly net change to working natural gas stocks ranged from a net withdrawal of 45 Bcf to 66 Bcf, with a median estimate of 56 Bcf. In 2021, EIA forecasts dry natural gas production will rise from December 2020 levels in response to higher prices. Forecast dry natural gas production for 2021 averages 92.6 Bcf/d. EIA estimates that total U.S. working natural gas in storage ended February at 2.1 trillion cubic feet (Tcf), 9% more than the five-year (2015–19) average. EIA forecasts slower growth in natural gas-fired generation while renewable energy rises tags: STEO electricity generation renewables U.S. oil and natural gas proved reserves and production set new records in 2018 In 2021, EIA forecasts dry natural gas production will rise from December 2020 levels in response to higher prices. Forecast dry natural gas production for 2021 averages 92.6 Bcf/d. EIA estimates that total U.S. working natural gas in storage ended February at 2.1 trillion cubic feet (Tcf), 9% more than the five-year (2015–19) average. The liquified natural gas market has been under pressure since early 2019 as record levels of production in the US, mainly from Appalachian and Permian Basin, and slower demand growth in Asia led to a surplus environment. Historically, Natural gas reached an all time high of 15.78 in December of 2005. The natural gas markets broke down during the trading session again on Thursday, breaking through to a fresh, new low as the inventory figures came out much weaker than anticipated.

According to The Desk survey of natural gas analysts, estimates of the weekly net change to working natural gas stocks ranged from a net withdrawal of 45 Bcf to 66 Bcf, with a median estimate of 56 Bcf.

During a week in which oil and stock markets disintegrated and the coronavirus reached pandemic status, natural gas forward prices rallied as traders attempted  

US EIA Weekly Natural Gas Storage Report. previous. forecast. actual. High Working Gas In Storage, Net Chg (Cbf). -109B. -58B. -48B. Med Working Gas In 

Selling in nat-gas intensified Wednesday morning after Maxar forecast warm weather across the eastern half of the U.S. over the next two weeks. Warm U.S.  6 Mar 2020 Do the prices of crude oil and natural gas affect each other? Investopedia explores price patterns and provides analysis. 27 Feb 2020 The natural gas markets have broken down significantly during the trading session on Thursday, slicing through the $1.80 level.

US EIA Weekly Natural Gas Storage Report. previous. forecast. actual. High Working Gas In Storage, Net Chg (Cbf). -109B. -58B. -48B. Med Working Gas In  4 Mar 2020 This Thursday, we expect the EIA to report 2088 bcf of working gas in storage for the week ending February 28. We anticipate to see a draw of  25 Feb 2020 EIA forecasts that net injections during the refill season (April 1–October 31) will bring the total working gas in storage to 4,029 Bcf, which, if  Find information for Henry Hub Natural Gas Futures Quotes provided by CME Group. View Quotes. Our intel offers the industry standard in natural gas data including supply and demand forecasts, storage estimates, and constraint analysis. Our team of  Selling in nat-gas intensified Wednesday morning after Maxar forecast warm weather across the eastern half of the U.S. over the next two weeks. Warm U.S.  6 Mar 2020 Do the prices of crude oil and natural gas affect each other? Investopedia explores price patterns and provides analysis.