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Daily Commentaries

Today's Daily Commentary

Thursday, October 18, 2018
Life's Just Not Fair For The Bears: Natural Gas Rises As Early November Outlook Trends Colder; Crude Oil Slumps After Unexpected Storage Build; EIA Projected To Announce +83 BCF Storage Injection Today, The Last Bearish Build For The Next 3 Weeks; Gas Demand To Rise Today As Canadian Airmass Finally Reaches The Northeast



Daily Commentaries For The Last 30 Days:

Wednesday, October 17, 2018
Natural Gas Can't Hold Onto Gains Yet Again, But Near-Term Temperature Outlook Remains Bullish; EIA Forecast To Announce Bullish -2.1 MMbbl Crude Oil Inventory Drawdown In Today's Status Report; Gas Demand To Weaken Today, But Realtime Storage Deficit Projected To Reach A New 4-Year High For A Second Straight Day


Tuesday, October 16, 2018
Natural Gas Surges Towards New Highs As October Outlook Trends Colder Still; Gas Demand To Rise To 1-Week High Today With Realtime Storage Deficit Projected To Reach New 4-Year High; Nuclear Reactor Outages Rise To 5-Year High Fueling Substitution Demand; Cove Point Returns To Service, But Year-Over-Year Gains In LNG Exports Evaporate


Monday, October 15, 2018
Natural Gas Volatility Spikes As Investors Stay Glued To Temperature Outlook; Natural Gas Bullish Sentiment Rises To All-Time High; Record Early-Season Arctic Blast To Push Storage Deficit To Fresh 4-Year Highs, But November Outlook Remains Mild


Friday, October 12, 2018
Natural Gas Pulls Back After The EIA Reports Neutral Storage Injection Amidst Tumultuous US Markets, Profit-Taking, And Volatile Computer Model Outlook; Gas Demand Continues To Rise Today As Arctic Air Makes Its Presence Known Across The Plains; Neutral Storage Injection Expected This Week Before Very Bullish Build Next Week


Thursday, October 11, 2018
Pick Yourself Up Edition: Oil & Natural Gas Fade As US Markets Implode; EIA Pitches A Doubleheader Today With Neutral +90 BCF Natural Gas Storage Injection But Exceptionally Bearish Crude Oil Inventory Build Projected; Bullish Gas Demand Expected Next Week As Record Cold Looms, But Models Now Hinting At Late October Warm-Up That Could Cap Natural Gas Rally


Tuesday, October 9, 2018
Natural Gas Roars To 9-Month High After Monday's 4% Spike; Realtime Natural Gas Inventories Projected To Top 3,000 BCF Today At The Latest Date In The Last 5 Years; Summer Officially On The Clock As Canadian Airmass Poised To Surge Southward & Boost Heating Demand; Dangerous Hurricane Michael Eyes Florida Gulf Coast & Well Inland


Monday, October 8, 2018
Natural Gas Wraps Up Otherwise Strong Week With Pair Of Losses, But Path Of Least Resistance Remains Upwards; NYMEX Money Manager Short Holdings Fall To 11-Year Low As Long Trade Becomes Overcrowded; Tropical Storm Michael Threatens US Gulf Coast This Week; Gas Demand To Fall Today As Amplified Pattern Can't Overwhelm Record Supply


Friday, October 5, 2018
Natural Gas Pulls Back From 9-Month High After EIA Reports Larger-Than-Expected +98 BCF Storage Injection; Supply/Demand Imbalance Tightens As Production Growth Temporarily Slows; Highly Amplified Weather Pattern Unlikely to Stop Bearish Daily Injections With Inventories Projected To Top 3000 BCF By Early Next Week


Thursday, October 4, 2018
Natural Gas Soars For Third Straight Day As Large-Scale Revaluation Underway; Crude Oil Continues Its Rally In Confounding Fashion After EIA Reports Largest Storage Injection Of The Year; EIA Projected To Announce Slightly Bearish +90 BCF Storage Build In Today's Report


Wednesday, October 3, 2018
Natural Gas Rumbles Higher As "Fear Trade" Stays On; EIA Forecast To Announce Second Straight Crude Oil Inventory Build Today For The First Time Since April; Summer-Like Warmth Across The East Today To Drive One Of The Most Unseasonable Days Of The Year


Tuesday, October 2, 2018
Oil & Natural Gas Surge To New Highs After Revised North American Trade Deal; 5-Year High Nuclear Reactor Outages Continue To Support Temperature-Independent Natural Gas Demand; Highly Amplified Weather Pattern Setting Up For October As Pacific Tropical Activity Influences Jet Stream


Monday, October 1, 2018
Bullish Arguments For Natural Gas Increasingly Compelling At Prices Under $3.00/MMBTU; Natural Gas Investors Flip From Short To Long, But The Big Money Remains On The Sidelines; Gas Demand To Steadily Rise This Week As Unseasonable Warmth Dominates East; Oil & Natural Gas Ends 3rd Quarter At All-Time High


Friday, September 28, 2018
Natural Gas Rally Resumes After The EIA Crushes Expectations With Bullish +46 BCF Storage Injection Even As Production Eeaches New High; Gas Demand To Rebound Today, But A Slightly Bearish Weekly Injection Still Expected; Can Natural Gas Bears Still Justify A Short Trade In This Environment?


Thursday, September 27, 2018
Natural Gas Rally Runs Out Of Steam In Wednesday Afternoon Sell-Off Ahead Of Today's Projected Bullish EIA Storage Injection; Crude Oil Falters After EIA-Reported Inventory Build Despite Surging Exports; Natural Gas Demand To Fall Sharply Today As Cloudy, Cool Airmass Overspreads The East


Wednesday, September 26, 2018
Natural Gas Rises To New 9-Month High As Investors Decide To Start Caring About 5-Year Low Inventories; EIA Forecast To Announce Bearish +2.9 MMbbl Crude Oil Inventory Build In Today's Status Report; Natural Gas Demand To Rise To Weekly High Today As Unseasonable Warmth Returns To The Eastern Seaboard


Tuesday, September 25, 2018
Oil & Natural Gas Reach Twin Milestones In Strong Day For Commodities; Nuclear Power Outages Continue March To New 5-Year Highs Fueling Natural Gas Substitution Demand, But Temperature-Independent Demand Cut By Cove Point Maintenance; Gas Demand To Rebound Today As Heat Returns To Texas With Near-Average Daily Injection


Monday, September 24, 2018
Natural Gas Surges 7.6% On The Heals Of Multiple Near-Term Bullish Drivers, But Further Gains Will Be Difficult To Maintain; Oil & Natural Gas Portfolio Sets Second Straight All-Time High; Natural Gas Volatility Rises--Be Careful Buying Leveraged ETFs; Gas Demand Falls Today As Bearish Seasonally Cool Pattern Dominates


Friday, September 21, 2018
Natural Gas Jumps To 3-Month High Despite Bearish EIA-Reported Storage Injection As Unsasonably Cold Early October Could Squash Triple Digit Inventory Builds; Production Hits New All-Time High As Supply/Demand Imbalance Loosens Further; Gas Demand To Fall Today, But Bullish Weekly Injection Projected To Drive Storage Deficit Above -600 BCF


Thursday, September 20, 2018
Crude Oil Rallies To 2-Month High After EIA Reports Fifth Straight Inventory Drawdown; EIA Projected To Announce Modestly Bearish +86 BCF Natural Gas Storage Injection Today, But Very Bullish Build Expected For Next Week's Report As Projections Revised Steadily Downward; Realtime Storage Deficit Could Top -600 BCF Today Even As Demand Falls; Oil & Natural Gas Portfolio Rises To New All-Time High


Wednesday, September 19, 2018
Natural Gas Scores Biggest Daily Gain Since January--But Let's Not Get Carried Away; EIA Forecast To Announce Slightly Bearish Crude Oil Inventory Build Today; Gas Demand To Weaken Today, But Remain Above-Average Yet Again; EOS Inventory Projections Revised Lower On 5-Year High Nuclear Outages & Cold Start To October


Tuesday, September 18, 2018
Natural Gas Rises To Open The Week As Impacts From Florence Begins To Fade; Nuclear Reactor Outages Soar To A 5-Year High While LNG Feedgas To Cove Point Rebounds; Gas Demand To Rise To Weekly High Today As Unseasonable Warmth East Of The Rockies Drives Strong Cooling Demand; Early October Outlook Trending Colder


Monday, September 17, 2018
Friday Losses Wipe Out Weekly Natural Gas Rally As Record Production & Hurricane Florence Weigh On Sentiment; Higher Coal Prices, Nuclear Outages, & Rising Short Interest Could Support Prices This Fall; Gas Demand To Start The Week Strong & Then Fade As Cold Front Displaces Unseasonable Eastern Warmth


Friday, September 14, 2018
Natural Gas Fades After EIA Storage Report Meets Expectations While Oil Tumbles After IEA Report Shows Rising Global Output; Domestic Gas Production Hits New Record, But Total Supply Curbed On Falling Canadian Imports; Gas Demand To Rise Today Despite Hurricane Florence As Unseasonable Heat Dominates Great Plains


Thursday, September 13, 2018
EIA Projected To Announce Slightly Bullish +70 BCF Natural Gas Storage Injection Today; WTI Crude Oil Tops $70/Barrel After Bullish Inventory Drawdown, Rising Exports, And Flat Production; Gas Demand To Rise Today As Southern Plains Warm & Florence Makes Initial Approach; Oil & Natural Gas Portfolio Nears All-Time Highs


Wednesday, September 12, 2018
Natural Gas Rises For A Second Day While WTI Soars As Florence Suddenly A Bullish Variable; EIA Forecast To Announce Bullish Crude Oil Inventory Drawdown Today As Storage Could Fall Below 400 MMbbls For The First Time Since February 2015; Natural Gas Demand To Rise Today Ahead Of Hurricane Florence's Impacts Arriving Tomorrow


Tuesday, September 11, 2018
Natural Gas Rallies On Oversold Bounce And Pipeline Explosion While WTI Oil Falls On Hurricane Florence Demand Suppression Fears; Realtime Natural Gas Inventories Projected To Top 2700 BCF as Another Bearish Daily Injection Expected Despite Warming Eastern Seaboard; Nuclear Power Outages Soar, Boosting Natural Gas Substitution Demand With Another 3 BCF/day In Demand At Risk From Florence


Monday, September 10, 2018
Lots To Talk About: Natural Gas Falls Nearly 5% Last Week As Demand Drops To 4-Month Low During Soggy Weekend; Downside Risk Remains As Investors Wait On The Sidelines; Hurricane Florence A Dangerous Threat To The US East Coast & Could Contribute To The Most Bearish Weekly Injection Since May This Week


Friday, September 7, 2018
Natural Gas Continues To Sputter As Neutral Weekly Storage Injection Not Enough To Counter Record Production & Cooler Temperatures; Crude Oil Tumbles Despite Bullish Inventory Draw; Today's Projected Daily Natural Gas Storage Injection Rises To Largest In Nearly 3 Months; Corpus Christi LNG Facility Stirs As Feedgas Demand Jumps


Thursday, September 6, 2018
Natural Gas Extends Slump Ahead Of Today's Projected Neutral-To-Bullish +63 BCF EIA-Reported Storage Injection; Gordon-Fueled Oil Pullback Continues With Neutral Inventory Drawdown Expected Today; Gas Demand To Slump Today As Fall-Like Temperatures Build Across The Heartland Even As Northeast Heat Continues One More Day


Wednesday, September 5, 2018
Natural Gas Slumps 3% To Start Shortened Week On Record Production & Tropical Storm Gordon; Gordon Disrupts Flows To Sabine Pass LNG Export Plant; Mid-September Outlook Trends Hotter, But Downside Risk Remains; Oil & Natural Gas Portfolio Approaches New Highs


Friday, August 31, 2018
Natural Gas Rallies Despite Bearish EIA Storage Injection While WTI Oil Tops $70/Barrel; Gas Production Hits New High As Supply/Demand Imbalance Weakens To The Loosest This year; Bullish Natural Gas Storage Injections Expected Each Of The Next Two Weeks As Late-Summer Heat Refuses To Relent


Thursday, August 30, 2018
Natural Gas Rallies Ahead Of September 2018 Expiration On Warming September Outlook While Oil Hits 1-Month High After Larger-Than-Expected EIA Inventory Draw; EIA Expected To Announce Slightly Bearish +69 BCF Natural Gas Storage Injection Today; LNG Feedgas Demand Recovers With New Capacity On The Way


Tuesday, August 28, 2018
Natural Gas Extends Pullback To Open The Week As Mid-September Temperature Outlook Cools While Crude Oil Holds At 3-Week Highs; Gas Demand Expected To Peak For The Rest Of The Summer Today With Bullish +6 BCF/Day Daily Injection; End-Of-Season Inventory Projections Rise With Cooler Outlook


Monday, August 27, 2018
Natural Gas Finishes The Week With Small Loss As Record Production Weighs While Oil Snaps 7-Week Losing Streak; East Coast Heatwave To Drive Return To Bullish Storage Injections This Week; Natural Gas Investor Sentiment Rises To 52-Week High, But Overcrowded Long Trade Could Become A Concern


Friday, August 24, 2018
Natural Gas Reverses Losses After EIA Reports Bullish Storage Injection, Even As Production Hits New Record High; Below-Average Demand Today To Drive Bearish Weekly Injection, But Demand Expected To Surge Next Week As Late-Summer Heatwave Dominates East; Nuclear Reactor Outages Jump To 5-Year High


Thursday, August 23, 2018
Crude Oil Surges After EIA Reports Larger-Than-Expected Inventory Drawdown As Imports Tumble While Natural Gas Pulls Back From 2-Month High; EIA Projected To Announce Neutral +51 BCF Natural Gas Storage Injection Today For August 11-17; Gas Demand To Fall To Weekly Low Today As Fall-Like Airmass Dominates Heartland


Monday, August 20, 2018
Natural Gas Rallies On Friday To Finish The Week In The Black While Oil Suffers Its 3rd Straight Weekly Loss; Gas Demand To Fall This Week As Fall-Like Storm System Dominates The Weather Pattern, But Models Trend Warmer Thereafter With Storage Deficit Projected To Finish August Over -600 BCF