Natural gas ripped to a 2.5-month high on confirmed summer heat last week, but a near-certain warm winter keeps the back of the curve heavy heading into June.
NG Week Ahead: Heat Bid Meets a Warm-Winter Discount Read Post »
Front-month natural gas gave back the late-May heat-dome bid as Memorial Day cooled the East and the 26-27 mild-winter case got harder to ignore.
NG Week Ahead: Heat Dome Fades, El Niño Locks In Read Post »
Natural gas rallied to a six-week high near $2.96 as production rolled and El Niño Watch went official, but a fat storage surplus capped the shoulder.
NG Week Ahead: El Niño Watch Hardens Winter Short Read Post »
Thursday’s 63 Bcf injection printed well below consensus, but a heavy storage cushion and soft shoulder kept Henry Hub anchored in the high $2.70s.
NG Week Ahead: Bullish EIA Surprise Meets a Heavy May Carry Read Post »
An 11-week low in dry output and a Cameron LNG feedgas dip lifted the front, but deep summer contango shows the heat bid is still parked further out the curve.
NG Week Ahead: Production Slips, Summer Strip Layers Higher Read Post »
