MLPG News and Press, UBS AG Jersey FR SP REDEEM 09/07/2040 USD 25 - 902641620 From 08/05/19

Since November 2018, over the past nine months, the price of natural gas futures that trade on the NYMEX division of the Chicago Mercantile Exchange traded from a high at $4.929 to a low at just under $2.11 per MMBtu. The peak came as the 2018 injection season came to an end and the low arrive...

The U.S. Energy Information Administration has recently released their natural gas monthly statistics for April 2019 , but traders are interested in more recent data and forecasts. In this article, we will briefly review our estimates for dry gas production for the months of May, June and Jul...

This report covers the week ending July 26, 2019. Total Demand We estimate that aggregate demand for American natural gas (consumption + exports) totaled around 612 bcf for the week ending July 26 (down 5.3% w-o-w but up 1.9% y-o-y). The deviation from the norm remained positive, but d...

A hurricane barreling towards the Louisiana coast could not cause the price of natural gas futures to rise above the level of critical technical resistance at just over $2.50 per MMBtu on the August NYMEX futures contract. In 2017 and 2018 the low in the natural gas futures market was at jus...

Technicals Technically, the mid-term trading bias is neutral. In the short term, as long as August contract price remains above $2.280 per MMBtu, the trading bias will be slightly bullish. A symmetrical triangle is providing dynamic support and resistance levels. An inverse cup and handle ...

After falling below the $2.15 per MMBtu level on the active month August NYMEX futures contract on June 20, the natural gas market ran out of selling. The price moved over $2.20 and $2.30 per MMBtu, but it was the prospects of Hurricane Barry making landfall in Louisiana that took the price to...

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

The price of natural has been under pressure since March, which is the last time the active month August futures contract traded above the $3 per MMBtu level. The price has made lower highs and lower lows falling to a bottom at $2.134 on June 20. The energy commodity ran out of selling in late...

The price of natural gas was at over the $2.45 level at the end of last week, as it recovered from recent lows at below the $2.20 per MMBtu level. The peak of the summer season began following the recent July 4th holiday and will run through Labor Day at the beginning of September. Hotter than...

This report covers the week ending July 12, 2019. Trading Positions The market became overbought in the short term just as projected TDDs seem to have peaked and dry gas production was still very close to an all-time high. Even as all the other market variables are giving bullish signals...