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MLPG - Natural Gas Market: Our EOS Storage Indices Are Below Market Expectations
October, 09 2020 02:44 PM
UBS AG Jersey FR SP REDEEM 09/07/2040 USD 25 - 902641620
Aggregate demand for U.S. natural gas totaled around 607 bcf (or 86.7 bcf/d) for the week ending October 9. Aggregate supply of natural gas in the contiguous United States totaled around 647 bcf (or 92.4 bcf/d) in the same week. Currently, we expect the EIA to report a build of 53 bcf next week (a final estimate will be released on Wednesday). Annual storage "surplus" is projected to shrink by -126 bcf by November 13. All our EOS storage indices are now below market expectations. For further details see:
Natural Gas Market: Our EOS Storage Indices Are Below Market Expectations
Stock Information
Company Name:
UBS AG Jersey FR SP REDEEM 09/07/2040 USD 25 - 902641620
Stock Symbol:
MLPG
Market:
NYSE
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