Into The Vortex – EIA Natural Gas Storage Outlook

Viewing 3 posts - 1 through 3 (of 3 total)
  • Author
    Posts
  • #21111
    TradersCom
    Keymaster

    New recent futures lows but under +100 Bcf…

    [article]1580[/article]

    #21150
    TradersCom
    Keymaster

    Summary

    Working gas in storage was 2,390 Bcf as of Friday, June 28, 2019, according to EIA estimates. This represents a net increase of 89 Bcf from the previous week. Stocks were 249 Bcf higher than last year at this time and 152 Bcf below the five-year average of 2,542 Bcf. At 2,390 Bcf, total working gas is within the five-year historical range.

    #21160
    TradersCom
    Keymaster

    Short covering continues to squeeze Natural gas futures higher
    Aug $NG_F up 13.7 c or 5.98%

Viewing 3 posts - 1 through 3 (of 3 total)
  • You must be logged in to reply to this topic.