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GAZB - Natural Gas: Obviously We Bought The Dip
December, 11 2020 09:39 AM
Barclays Bank PLC
Currently, we expect the EIA to report a draw of 125 bcf next week (a final estimate will be released on Wednesday). Annual storage surplus is projected to shrink by 369 bcf by January 15. Our storage level outlook is still very bullish vs. market expectations (see detailed table below). Yesterday, we increased our long exposure, but we are planning to take some profit today. For further details see:
Natural Gas: Obviously, We Bought The Dip
Stock Information
Company Name:
Barclays Bank PLC
Stock Symbol:
GAZB
Market:
NYSE
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