The Energy Information Administration (EIA) on Thursday reported a storage withdrawal that fell in line with market expectations, and prompt-month futures continued to trade sideways.
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EIA Natural Gas Storage Figure Tighter Than Expected, Futures Near Even
The Energy Information Administration (EIA) on Thursday reported a natural gas storage withdrawal that was slightly tighter than market expectations. Futures traded on both sides of even following the news.
February 22, 2018
Trans Mountain Oilsands Export Project Draws More BC Fire
The British Columbia’s (BC) left-leaning, avowedly green government Tuesday unveiled its weapon — more official study — for blocking an expansion of Kinder Morgan Canada Ltd.’s (KML) Pacific coast export pipeline expansion for the Alberta oilsands.
February 1, 2018
NatGas Market Eyeing EIA Storage in Wake of Arctic Blast; February Called Higher
February natural gas was set to open about a penny higher Thursday at around $3.023 as the market turned its attention to the 10:30 a.m. EDT release of the Energy Information Administration’s (EIA) weekly storage inventory report.
January 4, 2018
EIA’s First Gauge of Recent Cold Blast a Bearish Miss as NatGas Futures Retreat
The Energy Information Administration’s (EIA) first storage inventory report covering the recent Arctic cold missed to the bearish side of consensus estimates Thursday, and prompt-month futures pulled back on the news.
January 4, 2018
January NatGas Called Lower Ahead of EIA Storage Data
January natural gas was set to open about 4 cents lower at around $2.595 Thursday, approaching the lows set last week even amid calls for the Energy Information Administration (EIA) to report a robust withdrawal in its 10:30 a.m. EDT storage inventory report.
December 21, 2017
Harvey-Driven Cooling Seen; October Called 2 Cents Lower
October natural gas is expected to open 2 cents lower Thursday morning at $2.92 as traders mull weather reports calling for cooling at eastern points in the wake of Tropical Depression Harvey as well as a storage report expected to show below normal increases. Overnight oil markets rose.
August 31, 2017
Lean Storage Build on Tap; September Called 2 Cents Higher
September natural gas is set to open 2 cents higher Thursday morning as traders study weather forecasts showing little change and anticipate a government storage report to show inventories growing at less than longer-term seasonal norms. Overnight oil markets were narrowly mixed.
August 3, 2017
Traders Factor in Cool East, Warm West Ahead of Industry Stats; August Seen Up a Penny
August natural gas is expected to open a penny higher Thursday morning at $3.08 as traders mull a weather picture calling for a cool New England with a warm West. Overnight oil markets rose.
July 20, 2017
Warmest Period of The Summer Forthcoming; August Called 6 Cents Higher
August natural gas is set to open 6 cents higher Tuesday morning at $3.08 as the warmest temperatures of the season are expected to roll through the market. Overnight oil markets rose.
July 18, 2017
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