ETC Natural Gas (31 lettori)
- Creatore Discussione NEO_99
- Data di Inizio
NEO_99
Forumer storico
NEO_99
Forumer storico
intanto lo spot ha fatto 3.06 3.15
...
--Slightly cooler weather forecasts in some areas failed to halt contract's decline
--Overall weather forecasts remain warm for November
--Thursday inventory report expected to show larger-than-average injection
By Drew FitzGerald Of DOW JONES NEWSWIRES NEW YORK (Dow Jones)--Natural-gas futures Wednesday again settled lower as market analysts predicted another bearish storage build in the upcoming federal report on fuel inventories.
Prices repeated a familiar pattern seen over the past week by staging a brief rally in the morning before sinking later in the session. Weather forecasters did little to tweak their views of warm weather during the next two weeks, meaning homes and businesses will draw lightly on inventories for their heating needs.
Natural gas for December delivery fell 6 cents, or 1.8%, to $3.344 a million British thermal units on the New York Mercantile Exchange. The benchmark contract has now fallen for six consecutive trading sessions.
There were few factors supporting the contract as analysts firmed up their estimates of last week's gas storage data. The U.S. Energy Information Administration is expected to report that 26.86 billion cubic feet of gas were added to storage during the week ended Nov. 11, according to the average prediction of 14 analysts and traders in a Dow Jones Newswires survey.
The EIA is scheduled to release its storage data Thursday at 10:30 a.m. EST.
The storage estimate comes in above last year's 1-bcf draw in storage for the same week and above the 10-bcf five-year average build for that week.
"If you're injecting in November, it's because you don't have any weather" to drive the contract higher, said Tom Saal, senior vice president of energy trading for INTL Hencorp Futures.
The few changes forecasters made to weather models actually predicted cooler temperatures over Texas and the southeastern and eastern U.S. in late November. But forecaster WSI Energycast still projected warmer-than-normal temperatures over most of the northern U.S. for the next 11-15 days.
Cooler weather was also expected to sweep some western U.S. states, a longstanding forecast that did little to lift futures prices Wednesday. Research firm Canaccord Genuity noted gas volume dropping to record lows on the Rocky Mountain Express pipeline, which carries Colorado and Wyoming production eastward, amid strengthening demand in the west.
Analysts have attributed above-average storage builds this year to the growing production from Marcellus region and other shale gas formations. The proximity of the Marcellus formation, centered in Pennsylvania, has made it easier for the Northeast to supply its own gas needs.
Citi analyst Tim Evans said the market's main challenge continues to be "too many companies drilling too many holes."
FUTURES SETTLEMENT NET CHANGE Nymex Dec $3.344 -6.0c Nymex Jan $3.483 -5.9c Nymex Feb $3.502 -5.6c CASH HUB RANGE PREVIOUS DAY Henry Hub $3.06-$3.15 $3.03-$3.155 Transco 65 $3.08-$3.175 $3.09-$3.15 Tex East M3 $3.38-$3.50 $3.33-$3.42 Transco Z6 $3.455-$3.535 $3.33-$3.445 SoCal $3.52-$3.58 $3.45-$3.57 El Paso Perm $3.095-$3.14 $3.045-$3.17 El Paso SJ $3.135-$3.09 $3.05-$3.10 Waha $3.07-$3.13 $3.00-$3.14 Katy $3.065-$3.11 $3.00-$3.13
...
--Slightly cooler weather forecasts in some areas failed to halt contract's decline
--Overall weather forecasts remain warm for November
--Thursday inventory report expected to show larger-than-average injection
By Drew FitzGerald Of DOW JONES NEWSWIRES NEW YORK (Dow Jones)--Natural-gas futures Wednesday again settled lower as market analysts predicted another bearish storage build in the upcoming federal report on fuel inventories.
Prices repeated a familiar pattern seen over the past week by staging a brief rally in the morning before sinking later in the session. Weather forecasters did little to tweak their views of warm weather during the next two weeks, meaning homes and businesses will draw lightly on inventories for their heating needs.
Natural gas for December delivery fell 6 cents, or 1.8%, to $3.344 a million British thermal units on the New York Mercantile Exchange. The benchmark contract has now fallen for six consecutive trading sessions.
There were few factors supporting the contract as analysts firmed up their estimates of last week's gas storage data. The U.S. Energy Information Administration is expected to report that 26.86 billion cubic feet of gas were added to storage during the week ended Nov. 11, according to the average prediction of 14 analysts and traders in a Dow Jones Newswires survey.
The EIA is scheduled to release its storage data Thursday at 10:30 a.m. EST.
The storage estimate comes in above last year's 1-bcf draw in storage for the same week and above the 10-bcf five-year average build for that week.
"If you're injecting in November, it's because you don't have any weather" to drive the contract higher, said Tom Saal, senior vice president of energy trading for INTL Hencorp Futures.
The few changes forecasters made to weather models actually predicted cooler temperatures over Texas and the southeastern and eastern U.S. in late November. But forecaster WSI Energycast still projected warmer-than-normal temperatures over most of the northern U.S. for the next 11-15 days.
Cooler weather was also expected to sweep some western U.S. states, a longstanding forecast that did little to lift futures prices Wednesday. Research firm Canaccord Genuity noted gas volume dropping to record lows on the Rocky Mountain Express pipeline, which carries Colorado and Wyoming production eastward, amid strengthening demand in the west.
Analysts have attributed above-average storage builds this year to the growing production from Marcellus region and other shale gas formations. The proximity of the Marcellus formation, centered in Pennsylvania, has made it easier for the Northeast to supply its own gas needs.
Citi analyst Tim Evans said the market's main challenge continues to be "too many companies drilling too many holes."
FUTURES SETTLEMENT NET CHANGE Nymex Dec $3.344 -6.0c Nymex Jan $3.483 -5.9c Nymex Feb $3.502 -5.6c CASH HUB RANGE PREVIOUS DAY Henry Hub $3.06-$3.15 $3.03-$3.155 Transco 65 $3.08-$3.175 $3.09-$3.15 Tex East M3 $3.38-$3.50 $3.33-$3.42 Transco Z6 $3.455-$3.535 $3.33-$3.445 SoCal $3.52-$3.58 $3.45-$3.57 El Paso Perm $3.095-$3.14 $3.045-$3.17 El Paso SJ $3.135-$3.09 $3.05-$3.10 Waha $3.07-$3.13 $3.00-$3.14 Katy $3.065-$3.11 $3.00-$3.13
foo fighter
Forumer storico
se molla il supporto del pennant o triangolo che sia (SP500) parte un ribasso che potrebbe scendere anche parecchio
NEO_99
Forumer storico
domani sistemano le quotazioni per la scadenza opzioni e guarda caso arriva la notizia...
foo fighter
Forumer storico
c'è qualcosa che sta per succedere, visto che si comincia a parlare di QE3. Ma forse devono scendere ancora un po per convincere FED e BCE
foo fighter
Forumer storico
, son dei bravi ragazzi!
foo fighter
Forumer storico
ma si, in questo periodo è più complesso tradare gli indici, con la vola che c'è e fasi dove si fa un giono +4 e l'altro -4. Per l'intraday è ottimo ma bisogna seguire e se non si è bravi ci si rimette le mutande
