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home / news releases / GAZB - Natural Gas: No There Is No Oversupply In The Market Right Now

GAZB - Natural Gas: No There Is No Oversupply In The Market Right Now

Barclays Bank PLC
  • The market is spooked by warm weather and seems to believe that there is a dangerous oversupply, which needs to be eliminated.
  • In fact, there is no oversupply in the market right now and storage surpluses are actually projected to shrink.
  • Indeed, if the latest extended-range weather forecast remains unchanged, annual storage surplus will disappear by mid-January.
  • Actual TDDs are currently projected to trend lower until December 10 but are then projected to trend higher.
  • A massive charts gallery attached (scroll down to see everything).

For further details see:

Natural Gas: No, There Is No Oversupply In The Market Right Now
Stock Information
Company Name: Barclays Bank PLC
Stock Symbol: GAZB
Market: NYSE
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