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GAZB - Natural Gas Market In Limbo For A While Buy Suncor Instead
March, 12 2021 02:16 PM
Barclays Bank PLC
Natural gas prices are stuck in limbo in the near term. Weather outlook is bearish with warmer than normal weather forecast. Fundamentals are loosening a bit, so no real trade set-up. Instead of trying to force a situation out of nothing, go long Suncor instead. Suncor should be at least 25% higher than where it's trading today. We have gone long Suncor in both oil and NG trading portfolios. For further details see:
Natural Gas Market In Limbo For A While, Buy Suncor Instead
Stock Information
Company Name:
Barclays Bank PLC
Stock Symbol:
GAZB
Market:
NYSE
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