Twitter

Link your Twitter Account to Market Wire News


When you linking your Twitter Account Market Wire News Trending Stocks news and your Portfolio Stocks News will automatically tweet from your Twitter account.


Be alerted of any news about your stocks and see what other stocks are trending.



home / news releases / UGAZ - Natural Gas Trading: Supply-Demand Balance Is Bearish But Not Significantly So


UGAZ - Natural Gas Trading: Supply-Demand Balance Is Bearish But Not Significantly So

This report covers the week ending May 3, 2019.

TOTAL DEMAND

We estimate that aggregate demand for American natural gas (consumption + exports) totaled around 596 bcf for the week ending May 3 (up 10.2% w-o-w and up 13.2% y-o-y). The deviation from the norm remained positive and increased from +9% to +18% (see the chart below).

Source: Bluegold Research Estimates and Calculations

This week, the weather conditions have been abnormally bullish as both heating and cooling demand increased in different parts of the U.S. We estimate that the number of nationwide heating degree-days (HDDs)

Read more ...

Stock Information

Company Name: Credit Suisse Nassau Branch ZC SP ETN REDEEM 09/02/2032 USD 50 - 22542D571
Stock Symbol: UGAZ
Market: NYSE

Menu

UGAZ UGAZ Quote UGAZ Short UGAZ News UGAZ Articles UGAZ Message Board
Get UGAZ Alerts

News, Short Squeeze, Breakout and More Instantly...