ETC Natural Gas (5 lettori)

NEO_99

Forumer storico
Natural gas futures declined for the second day in three on forecasts of warmer-than-normal weather that may curb demand for the heating fuel.
Futures fell as temperatures may be as much as 14 degrees Fahrenheit above normal in the Midwest next week, according to MDA Federal Inc.’s EarthSat Energy Weather in Rockville, Maryland. MDA predicted yesterday that temperatures would be 3 to 5 degrees Fahrenheit above normal in the region.
“Some of the warmer weather is having a little bit of a negative effect on prices,” said Peter Beutel, the president of Cameron Hanover Inc. in New Canaan, Connecticut. “It’s probably going to be a very quiet trading day today ahead of the holiday.”
Natural gas for January delivery fell 5.3 cents, or 1.3 percent, to $4.099 per million British thermal units at 9:43 a.m. on the New York Mercantile Exchange. The futures have declined 2 percent this month and 26 percent this year. Floor trading on Nymex ends at 1:30 p.m. today and is closed tomorrow for Christmas Eve.
Temperatures may be mostly normal along the East Coast next week, MDA said. The company had yesterday predicted colder-than- normal weather in the Southeast and Mid-Atlantic during that period.
“The forecast has taken another step in the warmer direction today, especially over the Midwest,” MDA forecasters led by Travis Hartman said in a note to clients today. “Guidance continues to come into better agreement on a major warm up taking shape in advance of a storm system developing over the Plains.”
Chicago Low
The low temperature in Chicago on Dec. 30 may be 28 degrees Fahrenheit (minus 2 Celsius), 10 degrees above normal, according to AccuWeather Inc. in State College, Pennsylvania. The low temperature in Minneapolis may be 20 degrees Fahrenheit, 14 degrees above normal.
Heating demand in the U.S. may be 1 percent below normal from Dec. 29 through Jan. 2, according to Weather Derivatives in Belton, Missouri.
About 52 percent of U.S. households use natural gas for heating, according to the Energy Department.
Energy Department data released today may show a larger- than-average withdrawal from gas inventories because of cold weather last week in the eastern U.S. The department may reporter a reduction in stockpiles of 180 billion cubic feet for the week ended Dec. 17, according to the median of 19 analyst estimates compiled by Bloomberg.
The five-year average withdrawal for the week is 136 billion, according to the department. Last year, 172 billion cubic feet were taken out of storage.
Gas stockpiles will total 1.833 trillion cubic feet at the end of the winter heating season in March, about 171 billion cubic feet higher than at the end of March 2010, the department said Dec. 7 in its Short-Term Energy Outlook
 

kleinklepura

Forumer storico
Augurissimi di un sereno Natale a tutti voi carissimi amici ,vi auguro ogni bene possibile.Continuiamo a tener duro augurandoci sviluppi interessanti nei giorni a venire.Nella vita rammentate la campana fa Ding e Dong non e' sempre uguale........................
 

kleinklepura

Forumer storico
ciao Gassato come andiamo ?Buone feste,sono in attesa delle monthly per il 30 Dicembre ,non credo quotera' sotto 4'20 ,il 30 Novembre la chiusura fu sui massimi di periodo sopra la 200 (4,20) confermasse almeno quel segnale potremmo realmente ripartire.
 

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