- This Friday, we expect the EIA to report 2,875 bcf of working gas in storage for the week ending January 22.
- We anticipate to see a draw of 134 bcf, which is 36 bcf smaller than a year ago and 40 bcf smaller vs. the five-year average.
- Over the next 30-day period, total natural gas demand is expected to average 127.0 bcf/d, which is 6.3 bcf/d higher than a year ago.
- Short-range weather models agree that TDDs should trend sideways and should generally remain above the norm (on average).
- Our latest SD balance forecast + trading strategy (scroll down to read the last section).
For further details see:
Natural Gas: We Have Started To Close Long Positions