Into The Vortex – Natural Gas Outlook

Natural gas futures continue to fall from Panic highs with withdrawal into it’s first weeks. Last week EIA reported a draw of -59Bcf of working gas in storage. U.S. LNG exports of LNG continue to grow with weather pressures continuing globally EIA’s Weekly Gas Storage Report. Report Date: 12/2/2021 Via TradersCommunity.com Release Time: Thursday 12/9/2021 10:30 a.m. ET Market Expectations Actual  – Bcf Prior -59 Bcf Consensus Forecast -67 Bcf Cons. Range: -51 to -76 Bcf Last Year: -4 Bcf … Continue reading “Into The Vortex – Natural Gas Outlook”

Into The Vortex – EIA Reports -59Bcf Draw in Natural Gas Storage

Natural gas storage had it’s second withdrawal of the season. Last week EIA reported a draw of -59Bcf of working gas in storage. U.S. LNG exports of LNG continue to grow with weather pressures continuing globally EIA’s Weekly Gas Storage Report. Report Date: 11/26/2021 Via TradersCommunity.com Release Time: Thursday 12/2/2021 10:30 a.m. ET Market Expectations Actual  – Bcf Prior -21 Bcf Consensus Forecast -21  Bcf Cons. Range: -51 to -66 Bcf Last Year: -4 Bcf 5 Year Average: -31 Bcf  … Continue reading “Into The Vortex – EIA Reports -59Bcf Draw in Natural Gas Storage”

Into The Vortex – EIA Reports First Withdrawal of Season in Natural Gas Storage

Natural gas storage had it’s first withdrawal of the season. Last week EIA reported a draw of -21Bcf of working gas in storage. U.S. LNG exports of LNG continue to grow with weather pressures continuing globally EIA’s Weekly Gas Storage Report. Report Date: 11/10/2021 Via TradersCommunity.com Release Time: Thursday 11/18/2021 10:30 a.m. ET Market Expectations Actual  -21 Bcf Prior +26 Bcf Consensus Forecast -21  Bcf Cons. Range: -31 to -12 Bcf Last Year: -11 Bcf 5 Year Average: -44 Bcf  … Continue reading “Into The Vortex – EIA Reports First Withdrawal of Season in Natural Gas Storage”

Into The Vortex – EIA Reports Build of 83 Bcf in Natural Gas Storage

Natural gas futures has fallen sharply since retesting $5.80 to $4.80 ahead of  EIA reporting a build of +26Bcf of working gas in storage. U.S. LNG exports of LNG continue to grow with weather pressures continuing globally EIA’s Weekly Gas Storage Report. Report Date: 11/10/2021 Via TradersCommunity.com Release Time: Thursday 11/18/2021 10:30 a.m. ET Market Expectations Actual  +26  Bcf Prior +7 Bcf Consensus Forecast +22 Bcf Cons. Range: +07 to +15 Bcf Last Year: +36 Bcf 5 Year Average: +53 Bcf  … Continue reading “Into The Vortex – EIA Reports Build of 83 Bcf in Natural Gas Storage”

Into The Vortex – EIA Reports Build of 92Bcf in Natural Gas Inventories

Natural gas futures rallied all week towards  the cycle high at $6.466 intraweek high after holding $5.393 on supply shortage fears remaining. U.S. LNG exports of LNG continue to grow. EIA reported a larger build of +92Bcf of working gas in storage.