We estimate that aggregate demand for American natural gas (consumption + exports) totaled around 535 bcf for the week ending September 21 (up 7.0% w-o-w and up as much as 13.0% y-o-y). The deviation from the norm stayed positive and actually surged from +22% to +32% (see the chart below).
Natural Gas Alert – Wathc Price ₹ 218.60 I Told You Buy and Relax 195 To 218.60 – Neal Bhai Reports
There are few disturbances that could threaten infrastructure in the Gulf of Mexico, which has taken some of the wind out of prices. Demand continues to remain subdued despite a tick up in residential demand due to warm weather that is forecast to cover most of the United States for the next 2-weeks.
Gold Silver Reports (GSR) – MCX Natural Gas Price Strong Support ₹194 and Resistance seen at ₹203 — Natural Gas on MCX settled down -0.74% at ₹199.9 after weekly storage injections topped expectations and the five-year normal for a second straight week.
Gold Silver Reports (GSR) – MCX Natural Gas Above ₹ 195 Buy on Dips Sell Karna Mana Hai Hint Call By Neal Bhai – Natural Gas on MCX settled down 0.15% at 201.4 after data showed that supplies in storage rose more than forecast last week. The U.S. Energy Information Administration said in its weekly report that natural gas storage in the U.S. rose by 91 billion cubic feet (bcf) in the week ended June 15, above forecasts for a gain of 85 bcf.
