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home / news releases / GAZB - Natural Gas: Demand Is Rising Supply Is Falling

GAZB - Natural Gas: Demand Is Rising Supply Is Falling

Barclays Bank PLC
  • Currently, we expect the EIA to report a draw of 170 bcf next week (a final estimate will be released on Wednesday).
  • Annual storage surplus is projected to shrink by 416 bcf by January 22.
  • Our storage level outlook is still very bullish vs. market expectations.
  • If the latest weather forecast remains unchanged, total natural gas demand in the U.S. will rise by 17.6 bcf/d y-o-y over the next two weeks.
  • Concurrently, total supply is projected to decline by 3.7 bcf/d y-o-y over the same period.
Stock Information
Company Name: Barclays Bank PLC
Stock Symbol: GAZB
Market: NYSE
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