MLPG News and Press, UBS AG Jersey FR SP REDEEM 09/07/2040 USD 25 - 902641620 From 02/17/20

When a commodity's price falls to a level where the cost of production falls below the market price, it enters the bottom end of its pricing cycle. Raw materials can be highly volatile asset markets. Prices tend to rise to levels where production increases, inventories rise, and the elasticity...

This report covers the week ending February 14, 2020. Total Demand We estimate that the aggregate demand for American natural gas (consumption + exports) totaled around 871 bcf for the week ending February 14 (up 3.3% w-o-w (week over week) and up 2.9% y-o-y (year over year)). The devi...

The Weather Last week Last week (ending February 7), the number of heating degree days (HDDs) declined by 4.4% w-o-w (from 164 to 157). We estimate that total energy demand (as measured in total degree days, or TDDs) was 3.0% below last year's level, but as much as 17.6% below the 30-yea...

In bear markets, prices often fall to lower lows, sit a while to allow the market to digest the new level, and then move even lower. The current bear market in the natural gas futures arena began in early November when the price of the energy commodity could not reach $3 per MMBtu. At the same...

The Weather Last week Last week (ending January 31), the number of heating degree days (HDDs) dropped by another 17.2% w-o-w (from 198 to 164). Indeed, we estimate that total energy demand (as measured in total degree days, or TDDs) was as much as 32.0% below last year's level and 17.0% ...

Since early November, the price of nearby natural gas futures fell from a high of $2.905 on the nearby NYMEX futures contract to a low of $1.812, a decline of 37.6% during the peak season of demand during the winter months. In 2019, the low in January was $2.789; in 2018, it was $2.746, and in...

This report covers the week ending January 31, 2020. Total Demand We estimate that the aggregate demand for American natural gas (consumption + exports) totaled around 836 bcf for the week ending January 31 (down 9.6% w-o-w (week over week) and down as much as 12.3% y-o-y (year over ye...

In one of our previous articles , we explained why natural gas traders should care about the latest trends in the Electric Power sector and what indicators they should be monitoring. In this article, we would simply like to update you on some of the latest trends. As you know, Electric Powe...

The price of crude oil took the stairs to the upside from early October until January 8. The price rose from just above $50 per barrel to 95 cents below the 2018 high of $66.60 as tensions rose to a boiling point between the US and Iran. Since then, the price has been on an elevator ride to th...

The Weather Last week Last week (ending January 24), the number of heating degree days (HDDs) surged by 25.0% w-o-w (from 158 to 198). However, we estimate that total energy demand (as measured in total degree days, or TDDs) was approximately 12.0% below last year's level and 1.5% below ...