Viswanath

Gas Prices to Stay Down as Power Burn Lags, BNP Paribas Predicts

Forget about $3/Mcf natural gas prices anytime this year because the U.S. gas surplus is growing and the chances of substantial increases in demand from power generators are fading. That’s the quick sketch drawn Wednesday by Teri Viswanath, senior natural gas analyst at BNP Paribas, the global institutional banker.

June 4, 2015

Bullish Signs For U.S. NatGas Market on Horizon, Says BNP

U.S. natural gas prices could face pressure at the end of the heating season due to a lack of cold weather, but growing industrial demand and a surge in power plant retirements could offer some relief later in the year, a BNP Paribas analyst said Tuesday.

January 20, 2015
Strong Storage Injections, Less Summer Demand Lead BNP to Slice 3Q2014 Prices

Strong Storage Injections, Less Summer Demand Lead BNP to Slice 3Q2014 Prices

Too much natural gas supply and less summer demand than expected have led BNP Paribas to reduce the outlook for third quarter prices to $4.05/Mcf, down from a forecast of issued earlier this month of $4.55.

July 18, 2014

U.S. NatGas Security Flips Perspective on Prices, Volatility, Says BNP

U.S. winter weather is playing a much bigger role in natural gas balances today because it is driving the call on marginal production and hence, price changes, the senior natural gas strategist for BNP Paribas said Friday.

November 15, 2013
BNP: $4 NatGas Ceiling Through Winter; Price Recovery Possible in 2014

BNP: $4 NatGas Ceiling Through Winter; Price Recovery Possible in 2014

Barring unexpectedly cold weather this winter, rising natural gas production will prevent prices from eclipsing $4/MMBtu, but an inventory deficit is likely to reemerge by next summer, prompting a price recovery, according to BNP Paribas’ Teri Viswanath, director of commodity strategy.

November 11, 2013

Analyst Sees More Gas Demand On the Way

Demand between now and 2015 will prop up natural gas prices, even with a backlog of drilled wells awaiting connection, and from 2016 to 2018 a “dramatic structural increase” in demand could outpace supply additions and send gas prices to as high as $6.00/MMBtu, BNP Paribas’ Teri Viswanath, director of commodity strategy, said Friday.

August 5, 2013