GAZB News and Press, Barclays Bank PLC From 06/07/21

The share of total electricity supplied by natural gas-fired power plants remains significant, but is getting smaller. In less than eight months, renewables will probably be providing more electricity to U.S consumers than coal-fired power plants. The monthly net impact of non-deg...

In this article, I review EIA consumption and export figures, look at my estimates for April and May, and conclude with my latest forecast for June, July, and August. On a 12-month average basis, natural gas exports now equate to around 15.10% of total demand - a new all-time record. ...

The fossil fuel industry is not going to disappear overnight. Nor are major industrial activities that have a heavy carbon footprint, like steel production. Polluters are caught in a pincer movement that will almost certainly result in higher costs in the medium term. Some in the ...

While renewable energy capacity is expected to grow significantly in the coming decades, it also faces massive challenges for widespread adoption. With the growing pressure to decarbonize, midstream companies provide a backbone for carbon capture and hydrogen to provide viable solutio...

Just a week after hitting three-month highs, U.S. natural gas futures slipped to near four-week lows today, as production increased and forecasts showed short-term milder weather and less demand than previously expected.June Nymex natural gas (NG1:COM) settled -0.7% to $2.886/MMBtu, a fifth s...

U.S. natural gas surges to a three-month high on forecasts for warmer than normal temperatures over the next two weeks for population centers in the eastern half of the U.S.June Nymex natural gas futures (NG1:COM) +6% to $3.139/MMBtu, on track for the front-month contract's highest close sinc...

U.S. natural gas futures settled at 11-week high, following the oil market higher, despite forecasts for milder weather and lower demand over the next two weeks than expected.Nymex front-month gas futures (NG1:COM) closed +0.5% to $2.969/MMBtu, their highest close since Feb. 19, while U.S. cr...

For the week ending 5/7, we have a storage build of 75 Bcf. Natural gas demand is expected to hit the lowest level for the year in the following weeks. Lower 48 production has fully recovered to ~92 Bcf/d. We are still waiting to enter a short position. We are staying long BTE...

Efforts to address climate change by governments, investors and corporates appear to be accelerating, and many of these bodies are now setting net zero targets. Demand for gas is expected to be more resilient than that for oil over the next 30 years and remains a key transition fuel, ...

Natural gas prices in the near term are pricing in perfection. Production maintenance combined with higher heating demand resulted in larger deficit, but as production returns and heating demand wanes, so too will prices. While we agree the market balance will be tighter going for...