GAZB News and Press, Barclays Bank PLC From 11/28/20

Currently, we expect the EIA to report a draw of 5 bcf next week (a final estimate will be released on Wednesday). Annual storage surplus is projected to shrink by 224 bcf by January 1. Weather-neutral supply-demand balance is bullish (vs. 2019), but January contract price is alre...

This Wednesday, we expect the EIA to report 3,932 bcf of working gas in storage for the week ending November 20. We anticipate to see a draw of 26 bcf, which is 21 bcf smaller than a year ago and 11 bcf smaller vs. the 5-year average. Annual storage surplus is projected to shrink ...

KBR ([[KBR]] +3.1%) sprints to a nine-month high after Venture Global LNG awarded it the engineering, procurement and construction contract for the 10M metric tons/year phase 1 Plaquemines LNG liquefaction plant under development in Louisiana.KBR will install 18 Baker Hughes-built ([[BKR]] +5...

Currently, we expect the EIA to report a draw of 30 bcf next week (a final estimate will be released on Wednesday). Annual storage surplus is projected to shrink by 84 bcf by December 25. There seems to be a bullish divergence between the value of the forward curve and the latest ...

A bullish move fueled by storms and an early start to the winter. Warm temperatures send the price back to summer lows on December futures and created a gap on the daily chart. Another injection into storage in mid-November sends inventories to a new high- The end of a trend in st...

This Thursday, we expect the EIA to report 3,945 bcf of working gas in storage for the week ending November 13. We anticipate to see a build of 18 bcf, which is 84 bcf larger than a year ago and 42 bcf larger vs. the 5-year average. Annual storage surplus is projected to shrink by...

Big time cold and snows will hit western Canada ski areas heading into December. Historically active hurricane seasons, like this year, usually portend a warmer than normal early winter for US energy areas. The difference between stratospheric cooling and warming and how it affect...

Natural gas futures (NG1:COM) -8% to $2.757/MMBtu, by far the worst performer among major commodities, as milder autumn forecasts cause concern that a warm winter will crush heating demand.The U.S. likely will experience mild conditions with only a few cool shots through the end of the month,...

Aggregate demand for U.S. natural gas totaled around 665 bcf (or 95.0 bcf/d) for the week ending November 13. Aggregate supply of natural gas in the contiguous United States totaled around 669 bcf (or 95.5 bcf/d) in the same week. Currently, we expect the EIA to report a build of ...

This Thursday, we expect the EIA to report 3,915 bcf of working gas in storage for the week ending November 6. We anticipate to see a draw of 4 bcf, which is 16 bcf larger than a year ago and 37 bcf larger vs. the 5-year average. Annual storage "surplus" is projected to shrink by ...