Memuat…
The EIA reported a 109 Bcf natural gas storage injection for the week ending May 1, at the high end of estimates and well above the five-year average of 74 Bcf. Working gas stocks were 395 Bcf above the five-year average.
Analysts said balances remain loose, although falling associated gas output is starting to tighten supply.
A large storage build signals ample supply and weighs on Henry Hub futures. Declining associated gas from lower oil drilling could tighten the balance later.
naturalgasintel.comNGI Staff Reports8 Mei 2020Setelah 62 peristiwa laporan bearish sebelumnya, Gas Alam bergerak median -3,0% selama 5 sesi (42% lebih tinggi; separuh tengah -7,6% sampai +4,6%), dan -0,5% selama 20 sesi.
Pergerakan benchmark setiap komoditas dari penutupan terakhir sebelum peristiwa. Pembacaan historis menggabungkan peristiwa serupa di masa lalu; itu menggambarkan apa yang terjadi, bukan apa yang akan terjadi. Bukan nasihat investasi.
A 109 Bcf storage injection well above the five-year average, with stocks 395 Bcf above normal, signaled loose balances and fueled the selloff during the window.
