EIA's Weekly Gas Storage Report Report Date: 9/21/17
Release Time: Thursday September 28 2017 10:30 ET
Natural gas futures continue to flip flop over 3.00 with the upside risk Cheniere Train 4 and warm weather. LNG feedgas demand and exports to Mexico continue near all-time highs. Forecasts look normal for next week but nothing constructive. Bets will start being placed on 4T storage at year end at this pace.
Market Expectations
Actual +58 Bcf Prior +97 Bcf
Consensus Forecast +65 Bcf
Cons. Range: +56 to +73 Bcf
EIA swap: +62 to +63 @ CT 15.13
Last Week's Report +97 Bcf #TCNG
Bentek
- Bentek S/D Model: +64 Bcf
- Bentek Flow Model: +65 Bcf
Analysts Build Forecasts
- Criterion Research: +74 Bcf
- Peter Marrin SNL +61 Bcf
- Gabe Harris +59 Bcf
The Fundamental Edge with Brynne Kelly @BrynneKKelly
Natural Gas Storage Futures weekly EIA storage futures 9/27 (EIA Swap)
Current Storage Level vs. Last Year & 5-Yr
- Current Storage Level: 3,408 Bcf
- Storage 2016/Same Week:
- 5Yr Avg/Same Week:
Further Energy Analysis http://www.oottnews.com/index.html
Sources: TradersCommunity Research, Criterion Research
From the Traders Community News Desk
