MLPG News and Press, UBS AG Jersey FR SP REDEEM 09/07/2040 USD 25 - 902641620 From 06/17/19

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

Natural gas was one of the subjects discussed by President Trump and the leader of Poland last week at the White House. Poland agreed to increase its purchases of US LNG as the nation looks to diversify supplies away from the pipeline from Russia. In past years, US exports of the energy commod...

The natural gas market had a hideous week. The price of the nearby July futures contract fell to the lowest price since 2016 as it slipped below the $2.40 per MMBtu level. On June 5, the energy commodity fell to a low at $2.3550 per MMBtu. The bears are licking their chops with visions of the ...

The injection season is in full swing. June contract expired last week and July contract is now the prompt month contract. It is down more than 17% y-o-y and is fundamentally undervalued. However, the whole energy complex that has been under bearish pressure lately - partly driven by a classic...

Last week I wrote, "I do not expect much from the natural gas market so I will be sitting on the sidelines." The price of July futures that traded in a range of $2.544 to $2.646 per MMBtu until Wednesday, May 29. On Thursday and Friday last week, natural gas headed for a test of the bottom end...

"LNG prices are pretty weak right now, but we believe it’s a short term phenomenon,” ConocoPhillips (NYSE: COP ) CEO Ryan Lance said at an industry conference in Australia, adding that growing demand will soak up the excess supply in the market. More news on: ConocoPhillips...

The memories of the sudden and explosive rally in the natural gas futures market last November have faded into the distant memory of market participants who flock to the futures market and derivatives in the energy commodity because of its penchant for volatility. Since natural gas began tradi...

After trading down to under $2.50 per MMBtu for the first time since 2016, the price of natural gas futures on NYMEX ran out of selling, and the price rallied to almost $2.70 over recent sessions. Natural gas is combustible in its physical form, and the price of the energy commodity can be one...

This report covers the week ending May 17, 2019. Total Demand We estimate that aggregate demand for American natural gas (consumption + exports) totaled around 558 bcf for the week ending May 17 (up 1.4% w-o-w and up 6.1% y-o-y). The deviation from the norm remained positive, but incre...

TRADING POSITIONS We have slightly reduced our short exposure earlier today, but we are not adding any new long positions (just yet). So far, the return on invested capital in May has been 4.70% in futures and 6.0% in ETNs (see the tables below). THE WEATHER Last week, the number of ...