NG Week Ahead: Shoulder Surplus Meets a Record El Niño
A tight late-September tail kept the front firm, but a loosening October shoulder and a record El Niño winter mean cap every rally into contango.
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Weekly Commentary
Public market commentary from NatGas Central — a retrospective of the past week and the setup for the week ahead. Updated every Sunday. Subscribers receive the daily report with exact storage levels, LNG export figures, forward curve, and 3-horizon outlook gauges.
NG Week Ahead: Shoulder Overhang vs a European Gas Crisis
US gas gave back an early-week pop as the autumn shoulder loosened, even as a European supply crunch and near-capacity LNG exports kept a floor under prices.
Read post →NG Week Ahead: Tight Prints Firm the Front, Winter Strip Looks Rich
Henry Hub closed at an 8-week high on tight early-September builds and near-capacity LNG pull, even as a record-strength El Niño undercuts the winter strip.
Read post →NG Week Ahead: Feedgas Rebound Meets Record Storage
Henry Hub rallied near 4% as Gulf export maintenance eased and Southern heat lingered, but record storage and a Super El Nino keep the winter strip capped.
Read post →NG Week Ahead: Winter Premium Bleeds as El Niño Locks In
Natural gas clawed back an early-week flush as late-August heat lingered, but a record El Niño keeps fading the rich winter premium into a warm-leaning season.
Read post →NG Week Ahead: Winter Premium Bleeds as El Nino Firms
Late-summer heat kept the prompt firm as record output loosened the balance, but a record-track El Nino bled the winter premium lower all week.
Read post →Natural Gas Weekly: Firming Burn, Fading Winter Premium
Natural gas slipped about 2% last week as a firming summer burn met a carried storage surplus and a Freeport-capped export bid ahead of Thursday's EIA print.
Read post →NG Week Ahead: Heat Can’t Crack a Loosening Balance
Genuine August heat couldn't lift natural gas last week as heavy output and re-loosening storage builds kept the front pinned and the winter premium fading.
Read post →Natural Gas Weekly: Heat Rallies Fade Into a Fat Surplus
A modestly bullish EIA print and blistering late-July heat couldn't lift natural gas last week as record output and a fat storage surplus kept sellers in control.
Read post →NG Week Ahead: Heat Fights a Loose Build and a Sub-$3 Front
Record summer heat is propping up a sub-$3 front month, but persistently loose storage builds and a warm El Niño winter lean keep any rally firmly capped.
Read post →NG Week Ahead: Freeport Turnaround Caps a Sub-$3 Break
A larger-than-expected storage build and a Freeport LNG maintenance turnaround knocked the front month to a six-week low near $3, and the pressure isn't done.
Read post →NG Week Ahead: Heat Dome Meets a Loose Injection Track
A record July Fourth heat dome torched the East, but a loose EIA build and resilient supply capped every rally as the curve priced the peak-summer heat.
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