GAZB News and Press, Barclays Bank PLC From 06/10/20

The dramatic growth of US oil and natural gas production over the last decade has transformed the US energy landscape by reducing our dependence on coal for electricity generation and exponentially increasing energy exports. Another transformation is underway as power providers and policymaker...

by Daniel Shvartsman We've spoken to several authors about the energy sector. While partly a function of when we spoke, it's interesting to note that the last three all came off as fairly bearish. That's not by any editorial intention, just a reflection of who found the time to speak with ...

The price of nearby July NYMEX crude oil futures had exploded higher since trading to a low of $17.27 per barrel on April 27. At the end of last week, the price of the energy commodity was at the $39 level. Crude oil more than doubled. The action in the continuous contract was even more dramat...

Massachusetts' attorney general has asked the state's public utilities regulator to investigate the future of the natural gas industry and whether the business plans of local gas distribution companies are consistent with Massachusetts' net-zero emissions target. More news on: The United...

This is a significant reason I love Kinder Morgan (KMI) and Williams Companies (WMB). Nat gas is quickly becoming the globe's primary energy source, and it has to get to the US coast to exported. If you own KMI and WMB, you touch ~70% of the nat gas being transported in the US. Results at both...

Natural gas liquids (NGLs) have grown in importance for midstream in recent years as US production has accelerated, providing growth opportunities including new fractionation facilities for processing NGLs, new NGL pipelines, and export projects. How do recent macro headwinds and declining ene...

The amount of natural gas flowing on pipelines to U.S. liquefied natural gas export plants has hit a nine-month low of 4.3B cf/day, due to weak global demand in the wake of COVID-19 lockdowns, data provider Refinitiv says. More news on: Cheniere Energy, Inc., The United States Natural Ga...

Last week, June futures in the natural gas futures market on NYMEX rolled to July. On Wednesday, May 27, the spread between the two contracts closed at a 15.6 cents per MMBtu premium for July over June. The width of the spread was because of two factors; seasonality and supplies that are sig...

This report covers the week ending May 29, 2020. Total Demand We estimate that the aggregate demand for U.S. natural gas (consumption + exports) totaled around 555 bcf for the week ending May 29 (mostly flat w-o-w (week over week) and mostly unchanged y-o-y (year over year)). The devia...

Natural gas July futures ( NG1:COM ) -2.4% to $1.84/MMBtu, down 29% from a year ago and well below what is needed to cover production costs for many companies. More news on: Natural Gas Futures, EQT Corporation, The United States Natural Gas ETF, LP, Energy stocks news, Commodities new...