GAZB News and Press, Barclays Bank PLC From 02/12/20

The Weather Last week Last week (ending February 7), the number of heating degree days (HDDs) declined by 4.4% w-o-w (from 164 to 157). We estimate that total energy demand (as measured in total degree days, or TDDs) was 3.0% below last year's level, but as much as 17.6% below the 30-yea...

The U.S. Energy Information Administration has recently released their natural gas monthly statistics for November 2019. In this article, we will briefly review their consumption and exports figures, then look at our estimates for December and January, and conclude with our latest forecast for...

Four proposed liquefied natural gas export projects on the Texas Gulf coast have won federal permits to ship a combined 47M metric tons/year of liquefied natural gas. More news on: Exelon Corporation, NextDecade Corporation, Cheniere Energy, Inc., Energy stocks news, News on ETFs, Re...

- When I see comments like this, especially from the likes of Jim Cramer (Squawk on the Street, 2/7/20) , it gives me pause. - Cramer's 'big call' history is more than a bit spotty. - Flawed as the much-heralded concept of 'peak oil' was back in 2008, writing the obituary for the foss...

Natural gas futures ( UNG -4.3% ) plunged to their lowest settlement in nearly four years , as expected mild weather continues to pressure prices. More news on: The United States Natural Gas ETF, LP, VelocityShares 3x Long Natural Gas ETN, VelocityShares 3x Inverse Natural Gas ETN, Ener...

In bear markets, prices often fall to lower lows, sit a while to allow the market to digest the new level, and then move even lower. The current bear market in the natural gas futures arena began in early November when the price of the energy commodity could not reach $3 per MMBtu. At the same...

Liquefied natural gas is selling at the lowest price on record in Asia , a troubling sign for U.S. energy producers who have relied on overseas shipments of shale gas amid a weak domestic market. More news on: Royal Dutch Shell plc, Royal Dutch Shell plc, Chevron Corporation, Energy stock...

Shares of U.S. liquefied natural gas companies fell sharply in today's trade as China's biggest LNG importer reportedly suspended some contracts: Cheniere Energy (NYSEMKT: LNG ), the largest U.S. exporter of LNG, finished -3.5% after sinking to its lowest in more than a year, while Tellu...

Suppliers of U.S. liquefied natural gas - already under pressure from depressed prices arising from a global glut and an unusually mild domestic winter - now must cope with Asian spot LNG prices that have sunk to record lows as the coronavirus threatens to disrupt industrial production acr...

Since early November, the price of nearby natural gas futures fell from a high of $2.905 on the nearby NYMEX futures contract to a low of $1.812, a decline of 37.6% during the peak season of demand during the winter months. In 2019, the low in January was $2.789; in 2018, it was $2.746, and in...