EIA's Weekly Gas Storage Report Report Date: 10/5/17 Release Time: Thursday October 12 2017 10:30 ET
Natural gas hub futures has triedand failed all week to get over $3.00 and failed. Upside risk remains Cheniere Train 4 as 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 +87 Bcf Prior +42 Bcf
- Consensus Forecast +85 Bcf
- Cons. Range: +75 to +92 Bcf
- EIA swap: +45 to +46 @ CT 15.13
Last Week's Report +42 Bcf #TCNG
Bentek
- Bentek S/D Model: +87 Bcf
- Bentek Flow Model: +84 Bcf
Analysts Build Forecasts
- Norse Gas +92 Bcf
- Donnie Sharp Huntsville +91 Bcf
- Schneider Electric +91 Bcf
- Kidduff Report + 89 Bcf
- Bentek S/D +87 Bcf
- Gabe Harris +87 Bcf
- Peter Marrin SNL +87 Bcf
- Bloomberg Survey +85 Bcf
- Charlie Fenner Macquarie +85 Bcf
- Andy Wiessman +84 Bcf
- Bentek Flow +84 Bcf
- Genscape +84 Bcf
- DJ Survey +82 Bcf
- Shuya Li Pira 82 Bcf
- Reuters Survey 82 Bcf
- Jared Hunter 79 Bcf
- Tim Evans Citi +77 Bcf
- Raymond James +77 Bcf
- Criterion +75 Bcf
The Fundamental Edge with Brynne Kelly @BrynneKKelly
Natural Gas Storage Futures weekly EIA storage futures 10/10 (EIA Swap)
Current Storage Level vs. Last Year & 5-Yr
- Current Storage Level: 3,508 Bcf
- Storage 2016/Same Week: 3669
- 5Yr Avg/Same Week: 3516
Further Energy Analysis: Criterion Research
Sources: TradersCommunity Research, Criterion Research
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