GAZB News and Press, Barclays Bank PLC From 03/13/20

Nymex natural gas prices settled +1.5% today and +9.4% for the week to $1.869/MMBtu, as plummeting crude oil prices discourage drilling in U.S. shale plays where gas is extracted as a byproduct, likely with a a boost from traders closing out bearish bets. More news on: The United State...

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

Even as natural gas futures (NYSEARCA: UNG ) are lower, stocks of natural gas drillers are far outperforming oil-focused names, as on plunging crude prices force Permian Basin oil producers to pull back and ease the massive glut . More news on: The United States Natural Gas ETF, LP, Cabot...

Coronavirus and US politics combined to cause a period of extreme volatility in markets across all asset classes over recent weeks. The price variance in the stock market became so intense that the US Fed and other central banks around the world had to step in with a massive dose of stimulus i...

Natural gas futures (NYSEARCA: UNG ) settled -4.6% to roughly four-year lows at $1.72/MMBtu, with traders anticipating mild winter temperatures , steady production and weaker demand because of the coronavirus to result in a glut. More news on: The United States Natural Gas ETF, LP, EQT ...

Sempra Energy ( SRE -1.5% ) says the spread of coronavirus has not affected talks with buyers of liquefied natural gas, easing some worries prompted by reduced gas demand in China this month from the outbreak. More news on: Sempra Energy, The United States Natural Gas ETF, LP, Velocity...

The Weather Last week Last week (ending February 21), the number of heating degree days (HDDs) edged down by 2.1% w-o-w (from 181 to 177). We estimate that total energy demand (as measured in total degree days, or TDDs) was 10.7% below last year's level, but 3.8% above the 30-year norm. ...

Clean Energy Fuels Corporation ( CLNE ) is a company that provides natural gas as an alternative fuel for vehicle fleets in the United States and Canada. The company supplies renewable natural gas, compressed natural gas, and liquefied natural gas for light, medium, and heavy-duty vehicles. CL...

I have always been fascinated by the term "dead cat bounce." Even a dead cat will bounce if it falls far enough and fast enough. The term originated on Wall Street. One of the earliest citations came in December 1985 when stock markets in Singapore and Malaysia bounced back after a significant...

This report covers the week ending February 21, 2020. Total Demand We estimate that the aggregate demand for American natural gas (consumption + exports) totaled around 860 bcf for the week ending February 21 (down 2.5% w-o-w (week over week) but up 0.4% y-o-y (year over year)). The de...