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Daily Commentary & Archive


Today's Daily Commentary

Friday, March 24, 2017
Natural Gas Rises Slightly After EIA Reports Record-Setting -150 BCF Storage Withdrawal; Natural Gas Now Overvalued As Supply/Demand Balance Continues To Loosen; Natural Gas Inventories Likely To Bottom For The Season Today As Prolonged Period Of Warmth Arrives



Daily Commentaries For The Last 30 Days:

Thursday, March 23, 2017
EIA Projected To Announce Record -160 BCF Weekly Natural Gas Storage Withdrawal In Today's Report; Gas Demand Remains Well Above-Average With Storage Surplus To Reach Near-Term Minimum Today Before Demand Falls Over the Weekend; Oil Inventories Rise To New Record High


Monday, March 20, 2017
Natural Gas Logs Weekly Loss as Arctic Air Retreats Ahead Of Projected Preliminary Record -160 BCF Weekly Withdrawal; Volatile Gas Demand This Week To Result In Net Mildly Bullish Withdrawal; Natural Gas Fairly Valued With Period Of Rangebound Trading Likely


Monday, March 20, 2017
Natural Gas Logs Weekly Loss as Arctic Air Retreats Ahead Of Projected Preliminary Record -160 BCF Weekly Withdrawal; Volatile Gas Demand This Week To Result In Net Mildly Bullish Withdrawal; Natural Gas Fairly Valued With Period Of Rangebound Trading Likely


Friday, March 17, 2017
Natural Gas Pulls Back To A 10-Day Low After EIA Reports Modestly Bearish -53 BCF And Supply/Demand Balance Loosens; Natural Gas Falls To Finish The Week, But Exceptionally Strong Weekly Withdrawal Still Anticipated; LNG Feedgas Deliveries Wrap Up Strongest Week Yet


Wednesday, March 15, 2017
EIA Forecast To Announce Rare, Bullish Crude Oil Storage Withdrawal In Today's Petroleum Report As Oil Looks To Halt 7-Day Losing Streak; Natural Gas Storage Surplus To Drop Under +300 BCF Today, Down 100 BCF In Under A Week As Demand Surges


Wednesday, March 15, 2017
EIA Forecast To Announce Rare, Bullish Crude Oil Storage Withdrawal In Today's Petroleum Report As Oil Looks To Halt 7-Day Losing Streak; Natural Gas Storage Surplus To Drop Under +300 BCF Today, Down 100 BCF In Under A Week As Demand Surges


Tuesday, March 14, 2017
Natural Gas Rises For Ninth Day In Ten As Arctic Airmass Drives Demand To Mid-January Levels With -26 BCF Daily Withdrawal Expected Today; Crude Oil Falls For A Sixth Straight Day To 4-Month Low As USO Completes Rollover


Monday, March 13, 2017
Natural Gas Tops $3.00/MMBTU For The First Time In A Month As Demand Surges With Arctic Invasion And Impending Record-Setting Northeast Blizzard; Crude Oil Drops To 14-Week Low As Inventories Continue To Reach New Highs


Friday, March 10, 2017
Natural Gas Rises To 1-Month High After EIA Reports Larger-Than-Expected -64 BCF Weekly Withdrawal & On Forecasts For Stunningly Bullish Draw Next Week As Arctic Air Surges South (And Stays There); Natural Gas Demand To Rise Today With Bullish -14 BCF Daily Draw


Thursday, March 9, 2017
EIA Projected To Announce Bearish +61 BCF Natural Gas Storage Withdrawal In Today's Report; Natural Gas Rises On Forecast For Late-Season Arctic Outbreak This Weekend & Next Week With Record Draw Possible; Oil Plunges 5% After Inventories Rises To New Record Despite Large Refined Products Decline


Wednesday, March 8, 2017
EIA Forecast To Announce Very Bearish +11.6 MMbbl Crude Oil Inventory Build & New All-Time High Storage Level In Today's Petroleum Report; Natural Gas Storage Surplus Projected To Reach +400 BCF Today; LNG Tankers Return To Sabine Pass But Feedgas Demand At 4-Month Low


Monday, March 6, 2017
Natural Gas Poised To Open The Week With Gains As Temperature Forecast Cools Over The Weekend Even As Natural Gas Becomes Increasingly Overvalued; Preliminary Bearish -61 BCF Withdrawal Projected For This Week's EIA Storage Report; Gas Demand Plunges To Start The Week Amidst Midwest Warmth


Friday, March 3, 2017
Natural Gas Steady After EIA Reports Records Bearish +7 BCF Weekly Storage Injection; Gas Demand Surges Today With First Bullish Daily Storage Build In More Than 2 Weeks; Nuclear Power Outages Remain Near 5-Years Lows Suppressing Natural Gas Substitution Demand


Thursday, March 2, 2017
EIA Projected To Announce Record Bearish +2 BCF Weekly Natural Gas Storage Injection In Today's Report; Natural Gas Demand Surges As Cold Front Brings An End To Spring-Like Warmth; Crude Oil Dips after EIA Reports New Record Inventories But Smaller-Than-Expected Build


Wednesday, March 1, 2017
Natural Gas Rises On Oversold Bounce & Cooler (If Inconsistent) Mid-March Forecast; Gas Demand To Rise Today On Cooling Midwest Temperatures With -1 BCF Draw Expected; LNG Exports Continue To Weaken Amidst Commissioning Activity; EIA Likely To Announce New Record Crude Oil Stockpiles Today Despite Bullish +2.5 MMbbl Forecast Build


Tuesday, February 28, 2017
Natural Gas Slumps More Than 3% To Open The Week As Bearish Outlook Persists; Gas Demand To Fall Again Today With +2 BCF Storage Injection Expected As Temperatures Surge; Extended Outlook Continues To Trend Milder; Powerburn Rebounds With Cheaper Natural Gas Prices


Monday, February 27, 2017
Natural Gas Records 7% Weekly Loss As Commodity Plumbs 6-Month Lows Amidst Record Warmth; Demand Tumbles As Temperatures Rapidly Rise With Below-Average Demand Likely For Much Of The Week; Preliminary Exceptionally Bearish +1 BCF Injection Projected For This Week's EIA Storage Report


Friday, February 24, 2017
Natural Gas Extends Rally To 2-Days After EIA Announces Larger-Than-Expected -89 BCF Withdrawal; Crude Oil Reaches 18-Month High Despite Record Inventories; Natural Gas Flips Back To Daily Withdrawal Today With Further Gains Expected This Weekend