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GAZB - Natural Gas Prices Start To Weaken As Fundamentals Loosen
May, 11 2021 02:17 PM
Barclays Bank PLC
For the week ending 5/7, we have a storage build of 75 Bcf. Natural gas demand is expected to hit the lowest level for the year in the following weeks. Lower 48 production has fully recovered to ~92 Bcf/d. We are still waiting to enter a short position. We are staying long BTEGF, SU, and CVE in our NG trading portfolio for now. For further details see:
Natural Gas Prices Start To Weaken As Fundamentals Loosen
Stock Information
Company Name:
Barclays Bank PLC
Stock Symbol:
GAZB
Market:
NYSE
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