Donzauker
Forumer attivo
Grazie.
ETC Natural Gas (22 lettori)
- Creatore Discussione NEO_99
- Data di Inizio
Grazie.
William_Delbert_Gann
Nulla è Casuale
Ora per il gas la farfalla si è girata...
NEO_99
Forumer storico
scusate ..il tempo mi è tiranno..
sono Flat sul gas.. indicatori e chart sono abbastanza long....
pero' consiglierei di tradarlo in intraday... un okkio al clima e alla produzione.
William_Delbert_Gann
Nulla è Casuale
E guarda caso al minimo di ottobre c'era una farfalla 
NEO_99
Forumer storico
NEW YORK (Dow Jones)--Natural gas futures rose Monday on followthrough buying after a drop in the weekly drilling rig count, but traders said an uncertain near-term weather outlook may cap further gains.
Natural gas for June delivery recently traded 3.2 cents, or 0.8%, higher at $4.278 a million British thermal units. Prices moved in a range of $4.196 to $4.308 since Friday's settlement.
Prices were buoyed by news that the Baker Hughes Inc. (BHI) count for working gas rigs fell by 16 last week, to 874 rigs, the lowest since January 2010. But Kyle Cooper, managing partner at IAF Advisors in Houston, warned that watching only the gas rig count was "myopic" and ignored the larger trend in drilling. Cooper said 20% of U.S. gas output is associated with oil output. Baker Hughes said the working oil rig count rose 13 to 947, the highest level since 1987.
Still, with U.S. natural gas inventories at 2% below the five-year average and 12% under 2010 levels, the supply deficit remains significant and should underpin prices, he said. Gas is now at the low end of an expected $4.00 to $4.70 range, Cooper said.
But he expects prices to bide time until summer demand prospects becomes clear.
Traders noted the near-term weather picture is mixed. Normal to below-normal temperatures are expected across much of the country in the next five days, followed by a shift to above-normal temperatures in the eastern half of the country in the 6-10 day forecast. Midwest temperatures are expected to return to normal, while above-average temperatures are seen for the south and northeast in the 11-15 day forecast., said Addison Armstrong of Tradition Energy.
The National Oceanic and Atmospheric Administration is schedule to release both its June-August forecast for U.S. temperatures and its Atlantic hurricane season forecasts on Thursday. Any signs of cooler summer temperatures for much of the nation, that would hurt cooling demand, would be a bearish reversal of last year, Cooper said. "Mother Nature has been a real bull," he said, but a cooler summer outlook could pressure prices toward $3.75.
Meanwhile, natural gas for next-day delivery at the benchmark Henry Hub in Louisiana recently traded at $4.21/MMBtu, according to InterContinental Exchange, up 12 cents from Friday's average. Natural gas for Tuesday delivery at Transcontinental Zone 6 in New York traded at $4.49/MMBtu, up 17 cents from Friday
Natural gas for June delivery recently traded 3.2 cents, or 0.8%, higher at $4.278 a million British thermal units. Prices moved in a range of $4.196 to $4.308 since Friday's settlement.
Prices were buoyed by news that the Baker Hughes Inc. (BHI) count for working gas rigs fell by 16 last week, to 874 rigs, the lowest since January 2010. But Kyle Cooper, managing partner at IAF Advisors in Houston, warned that watching only the gas rig count was "myopic" and ignored the larger trend in drilling. Cooper said 20% of U.S. gas output is associated with oil output. Baker Hughes said the working oil rig count rose 13 to 947, the highest level since 1987.
Still, with U.S. natural gas inventories at 2% below the five-year average and 12% under 2010 levels, the supply deficit remains significant and should underpin prices, he said. Gas is now at the low end of an expected $4.00 to $4.70 range, Cooper said.
But he expects prices to bide time until summer demand prospects becomes clear.
Traders noted the near-term weather picture is mixed. Normal to below-normal temperatures are expected across much of the country in the next five days, followed by a shift to above-normal temperatures in the eastern half of the country in the 6-10 day forecast. Midwest temperatures are expected to return to normal, while above-average temperatures are seen for the south and northeast in the 11-15 day forecast., said Addison Armstrong of Tradition Energy.
The National Oceanic and Atmospheric Administration is schedule to release both its June-August forecast for U.S. temperatures and its Atlantic hurricane season forecasts on Thursday. Any signs of cooler summer temperatures for much of the nation, that would hurt cooling demand, would be a bearish reversal of last year, Cooper said. "Mother Nature has been a real bull," he said, but a cooler summer outlook could pressure prices toward $3.75.
Meanwhile, natural gas for next-day delivery at the benchmark Henry Hub in Louisiana recently traded at $4.21/MMBtu, according to InterContinental Exchange, up 12 cents from Friday's average. Natural gas for Tuesday delivery at Transcontinental Zone 6 in New York traded at $4.49/MMBtu, up 17 cents from Friday
NEO_99
Forumer storico
NEO_99
Forumer storico
orex Pros – Natural gas futures were up for a third day on Monday, climbing to a six-day high amid speculation declining U.S. natural gas production would widen a stockpile deficit.
On the New York Mercantile Exchange, natural gas futures for June delivery traded at USD4.306 per million British thermal units during U.S. morning trade, jumping 1.25%.
It earlier rose by as much as 1.5% to USD4.318 per million British thermal units, the highest price since May 6.
Industry research group Baker Hughes said on Friday that the number of active rigs drilling for natural gas in the U.S. last week fell 1.8% to 874, the lowest level since January 29, 2010.
The rig count is down 4.9% so far in 2011. According to the group, a drop to the 800-to-850 rig range would be necessary to begin to balance the market.
Global financial service provider Citigroup said in a report published earlier in the day that, “Falling rigs are an indicator that production taper will off in the long run.”
According to the U.S. Energy Information Administration, total U.S. natural gas stockpiles stood at 1.827 trillion cubic feet as of May 6, 2% below the five-year average and 12% below 2010 levels, the widest year-on-year deficit since the week ended August 1, 2008.
Meanwhile, industry weather group Weather Derivatives said that U.S. cooling demand from May 22 through May 26 was expected to be 44% above average, due to warmer weather expected in the southern U.S. states during that period.
Elsewhere, light sweet crude oil futures for delivery in June slipped 0.71% to trade at USD98.72 a barrel, while heating oil for June delivery fell 0.74% to trade at USD2.918 per gallon during U.S. morning trade.
On the New York Mercantile Exchange, natural gas futures for June delivery traded at USD4.306 per million British thermal units during U.S. morning trade, jumping 1.25%.
It earlier rose by as much as 1.5% to USD4.318 per million British thermal units, the highest price since May 6.
Industry research group Baker Hughes said on Friday that the number of active rigs drilling for natural gas in the U.S. last week fell 1.8% to 874, the lowest level since January 29, 2010.
The rig count is down 4.9% so far in 2011. According to the group, a drop to the 800-to-850 rig range would be necessary to begin to balance the market.
Global financial service provider Citigroup said in a report published earlier in the day that, “Falling rigs are an indicator that production taper will off in the long run.”
According to the U.S. Energy Information Administration, total U.S. natural gas stockpiles stood at 1.827 trillion cubic feet as of May 6, 2% below the five-year average and 12% below 2010 levels, the widest year-on-year deficit since the week ended August 1, 2008.
Meanwhile, industry weather group Weather Derivatives said that U.S. cooling demand from May 22 through May 26 was expected to be 44% above average, due to warmer weather expected in the southern U.S. states during that period.
Elsewhere, light sweet crude oil futures for delivery in June slipped 0.71% to trade at USD98.72 a barrel, while heating oil for June delivery fell 0.74% to trade at USD2.918 per gallon during U.S. morning trade.
