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Daily Commentaries For The Last 30 Days:
Thursday, June 12, 2025
Natural Gas Falls For Third Straight Session, But Price Floor Approaches As Supply/Demand Imbalances Show Signs of Tightening; Oil Rises After Iraqi Embassy Evacuation & Bullish EIA Petroleum Status Report; EIA Projected To Announce Historic +110 BCF Natural Gas Storage Injection Today; Gas Demand To Rise Slightly Today As East Warms
Wednesday, June 11, 2025
Natural Gas Slumps For Second Session To 2-Week Lows; Warming Mid-To-Late June Temperature Outlook Set To Provide Early Insight To Cooling Season Trajectory; Gas Demand To Hold Flat Again Today As Midwest & East Warm But Texas Cools
Tuesday, June 10, 2025
Natural Gas Pulls Back Sharply On Profit-Taking & Production Concerns; The Time For Speculation Is Coming To An End: Objective Tightening Is Needed For The Next Leg Higher; Gas Demand To Hold Steady Today As Heat Continues Across The West But The East Remains Mild
Monday, June 9, 2025
Natural Gas Rises On Friday To One-Month High As Investors Look To The Future, Not The Present; 2X ETFs BOIL & KOLD Begin Bimonthly Rollovers; Improving Powerburn & Exports Likely To Tighten Imbalances This Summer; Gas Demand To Rise Slightly Today, But Another Bearish Daily Injection Is Likely Due to Weak Imbalances & Mild Temperatures East Of The Rockies
Friday, June 6, 2025
Gas Prices “Only” Fall 1% Despite Another Big EIA Storage Build In Win For The Bulls; Price Premium Continues To Rise As Investors Bet Heavily On Improving Fundamentals; Record-Tying Seventh Straight Triple Digit Storage Injection Projected For This Week With Record-Setter Possible Next Week As Cool Conditions Dominant East Of The Rockies
Thursday, June 5, 2025
Gas Prices Pullback On Further LNG Export Weakness & Impending Big Storage Injections—But Still Finish Well Off The Lows; Oil Retreats After Bearish Refined Product Builds; EIA Projected To Announce Bearish +112 BCF Injection In Today’s Storage Report; Gas Demand To Hold Steady Today As Unseasonably Hot New England Countered By Cooler Heartland
Wednesday, June 4, 2025
Natural Gas Extends Rally On Tuesday But Prices Face Near-Term Headwinds As LNG Export Demand Slumps; Oil Prices Rise To 2-Week Highs On Geopolitical Catalysts; EIA Expected To Announce Bullish Crude Oil Inventory Drawdown In Today’s Status Report; Gas Demand To Rise Slightly Today As Hotter Temperatures Shift Into The Northeast
Tuesday, June 3, 2025
Gas Prices Surge To 3-Week Highs In Mini-Squeeze As Investors Eye Cooling Season Even As LNG Exports Remain Weak; Gas Demand To Fall Slightly Today As Temperatures Cool Across The Central US But To Then Rebound The Rest Of The Week
Monday, June 2, 2025
Natural Gas Logs Big Weekly Loss After 5th Straight Triple Digit Storage Injection, Storage Surplus Tops +100 BCF, & Production Remains Stout; Focus Turns To Powerburn As Cooling Demand Ramps Up In Early June; Gas Demand To Rise Slightly Today As Central US Heats Up Even As East Remains Cool
Friday, May 30, 2025
July Natural Gas Futures Prices Fall In First Session As The Front-Month After EIA Announces Another Triple Digit Storage Injection; Oil Prices Dip Despite Better-Than-Expected Petroleum Status Report; Gas Demand To Start The Weekend Soft Before Rising Next Week As Hotter Conditions Build Across Central US; Record-Tying Seven Straight Triple Digit Storage Injection Possible By Early June
Thursday, May 29, 2025
June 2025 Natural Gas Futures Contract Expires With a Thud; EIA Projected To Announce Neutral Storage Injection & Bullish Crude Oil Inventory Drawdown In Today’s Twin Reports; Gas Demand To Drop Slightly Today As Cooler Temperatures Infiltrate The South
Wednesday, May 28, 2025
Natural Gas Rallies As Early-June Cooling Demand Rises; June 2025 Contract Set To Expire At The Close Today; EIA Petroleum Status Report Delayed Until Wednesday; Gas Demand To Rise Slightly Today As East Stays Cool & West Stays Hot
Tuesday, May 27, 2025
Natural Gas Bounces Heading Into The Holiday Weekend But Near-Term Headwinds Could Favor More Downside; Production Is Key And Could Pivot From Headwind To Tailwind This Summer; Natural Gas Inventories Top 2500 BCF; Gas Demand To Dip Slightly Today As Cooler Temperatures Settle Southwards
Friday, May 23, 2025
Natural Gas Prices Drop After Fourth Straight Triple Digit Weekly Storage Injection; Injection Season Off To Fastest Pace In Last Five Years; Prices Can Drop Further, But Bottom Likely In As Cooling Season Looms; Gas Demand To Begin Multi-Day Decline Today As Weather Pattern Begins To Moderate; Slightly Bullish Injection Likely This Week Before Big Builds Return Next WeeK
Thursday, May 22, 2025
Natural Gas Takes Breather On Wednesday Ahead Of Today’s Big EIA Storage Report; Bearish Near-Term Narrative Faces Off With Bullish Long-Term Narrative; Oil Prices Drop After Disappointing EIA Petroleum Status Report & New US-Iran Nuclear Talks; Gas Demand To Peak Near-Term Today As Unseasonably Chilly Temperatures Dominate The Northeast
Wednesday, May 21, 2025
Natural Gas Prices Surge On Overdue Dip-Buying Despite No Significant Change In Fundamentals Or Weather; This Was Bottoming Action, But V-Shaped Recovery Not Expected; Oil Prices Rise Late On Israel-Iran Rumors, But Face Test In Expected Bearish Status Report Today; Gas Demand To Hold Steady Today With Bullish Injection On Cold North & Hot South
Tuesday, May 20, 2025
Natural Gas Falls To One-Month Low As 10-Day Losses Reach -18%; Eroding Overvaluation & Supportive Medium- & Long-Term Outlook Makes Natural Gas Increasingly Attractive At Current Levels; Gas Demand To Rise Slightly Today As Unseasonably Chilly Temperatures Expand Across The Northern Tier
Monday, May 19, 2025
Natural Gas Logs 12% Weekly Loss As Fundamentals Remain Week, Despite Bullish Near-Term Temperature Outlook; Speculation Has Run Its Course, But Tightening Imbalances This Summer Remain A Threat; Gas Demand To Rise Today As Much Colder Temperatures Expand Across The Northern Tier While Heat Persists Across The Deep South
Friday, May 16, 2025
Natural Gas Falls To One-Month Low After Third Straight Triple Digit Storage Injection; Speculation Losing The Battle To Reality Right Now, But Prices Likely Nearing Floor; Gas Demand To Rise Slightly Today As Heat Builds Into The Mid-Atlantic; Fourth Straight Triple Digit Build Likely This Week, But The Streak Should End Next Week
Thursday, May 15, 2025
Natural Gas Prices Slump As LNG Exports Weaken & Gas Demand Responds Sluggishly To Early-Season Heat; EIA Projected To Announce Third Straight Triple Digit Storage Injection In Today’s Report; Gas Demand To Rise Slightly Today As Hotter-Than-Normal Temperatures Expand Into The Midwest
Wednesday, May 14, 2025
Natural Gas Prices Wobble Sideways As Investors Eye Coming Heat & Broad Speculative Overvaluations; Celsius Energy Oil & Gas Portfolio Charges To New Year-To-Date High; Oil Rallies For Second Day On Trimmed Tariffs; EIA Expected To Announce Bearish Crude Build In Today’s Petroleum Status Report; Gas Demand To Rise Today On Early Season Heatwave In The Central US
Tuesday, May 13, 2025
Gas Prices Buck Broader Markets & Pull Back On Profit-Taking & Production Concerns; Natural Gas To Face Important Test As Early-Season Cooling Demand Looms; Gas Demand To Rise Today As Triple Digit Heat Builds Across Texas
Monday, May 12, 2025
Natural Gas Finds Support As Near-Term Temperature Outlook Trends Hotter & Longer-Term Speculation Continues; Ballooning Overvaluations Could Limit Additional Gains; Gas Demand To Hold Steady Today As Cool South Counters Triple Digit Dakota Heat With Bearish Daily Build Expected; Cooling Demand To Rise This Week As Much Warmer Conditions Build Into The South
Friday, May 9, 2025
Natural Gas Erases Early Week Losses As Investors Speculate On Supply Declines & Export Gains; Oil Drops After Bullish, But Underperforming, EIA Petroleum Status Report And Geopolitical Dealmaking; EIA Projected To Announce Bearish—But Tighter—99 BCF Injection In Today’s EIA Natural Gas Storage Report; Gas Demand To Rise Today As Cooler Temperatures Build Into The Great Lakes
Thursday, May 8, 2025
Natural Gas Erases Early Week Losses As Investors Speculate On Supply Declines & Export Gains; Oil Drops After Bullish, But Underperforming, EIA Petroleum Status Report And Geopolitical Dealmaking; EIA Projected To Announce Bearish—But Tighter—99 BCF Injection In Today’s EIA Natural Gas Storage Report; Gas Demand To Rise Today As Cooler Temperatures Build Into The Great Lakes
Wednesday, May 7, 2025
Gas Prices Fall For Second Straight Session On Profit-Taking & LNG Export Maintenance; Oil Bounces Hard Off 4-Year Lows On Dip-Buying & Israeli Military Action; EIA Expected To Announce Bullish Crude Oil Inventory Drawdown In Today’s Petroleum Status Report; Gas Demand To Dip Slightly Today As Classic Bearish Shoulder Season Pattern Dominates Lower 48
Tuesday, May 6, 2025
Natural Gas Pulls Back—But Gently—While Oil Tumbles To 4-Year Low; Gas Prices Remain Overvalued, But I’m No Longer Convinced That A Sustained Pullback Is Likely; Gas Demand To Fall Slightly Today As Temperatures Cool Across The East
Monday, May 5, 2025
Natural Gas Prices Continue To Surge As Summer Speculation Grips Sector; Prices Overvalued, But Temperature-Adjusted Imbalances Have Shown Some Tightening; Gas Demand To Edge Higher Today, But Another Bearish Daily Storage Injection Is Still Likely
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