EIA Natural Gas Inventories Outlook

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  • #18452
    TradersCom
    Keymaster

    The EIA reported a higher than expected build…

    [article]1098[/article]

    #18462
    TradersCom
    Keymaster

    CME raised the margin on natural gas futures and options by 8.3% effective Monday Oct 8. This was the 4th increase in the last 12 trading day i.e. +63%.

    #18478
    KnovaWave
    Participant

    Tuesday’s Charts

    #18520
    KnovaWave
    Participant

    Ahead of the report:

    #18523
    TradersCom
    Keymaster

    Summary

    Working gas in storage was 2,956 Bcf as of Friday, October 5, 2018, according to EIA estimates. This represents a net increase of 90 Bcf from the previous week. Stocks were 627 Bcf less than last year at this time and 607 Bcf below the five-year average of 3,563 Bcf. At 2,956 Bcf, total working gas is below the five-year historical range.

    #18536
    KnovaWave
    Participant

    Today’s Pivots

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