Invesco DB Energy Fund
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No Wonder Energy Companies Are Targeting Asia-Pacific Demand
No wonder integrated energy companies with gas projects in Asia and Australia are targeting the demand in the Asia-Pacific zone.
US Natural Gas Inventory Has Been Rising since April 2015
Natural gas stocks rose by 9 Bcf to 4,009 Bcf for the week ended November 20, 2015. Natural gas inventory rose due to rising production and a mild winter weather forecast.
Weather and Inventory Are Making Natural Gas Traders Bearish
Bearish natural gas traders will likely bet on mild weather and could raise their short positions as demand could drop during the peak period from November to March.
Why Did RBOB Gasoline Outperform Heating Oil?
The EIA reported RBOB gasoline futures contract 1 prices at $1.30 per gallon on November 23, representing a fall of ~1.8% from $1.32 per gallon on October 16.
Is Freeport-McMoRan Fairly Valued at Its Current Levels?
In this part of our series, we’ll share a valuation analysis for Freeport-McMoRan (FCX) and compare it with other companies in the mining space.
Natural Gas Stockpile Report Drives Natural Gas Prices
The EIA released its weekly natural gas stockpile report on October 8. Natural gas stockpile rose 95 Bcf in the week ended October 2. Natural gas inventory rose 98 Bcf in the week ended September 25.
US Natural Gas Rig Count and Prices Diverge
The bearish momentum of the natural gas prices and rig counts suggests that the natural gas drilling activity could slow down in the near term.
Crude oil gains as the US dollar falls, but it still faces a glut
Crude oil prices increased by ~2%. The commodity was trading at $46.7 per barrels on January 27, 2015, due to the depreciating US dollar.
Natural Gas Prices: How Low Can They Go?
Record production, record inventory, and mild winter weather will continue to put pressure on natural gas prices. Gas prices could see the next support at $1.60 per MMBtu. They hit this in 1995.
Will US Natural Gas Inventories Fall for Week Ended December 18?
US natural gas inventory fell for the third straight week, falling by 163 Bcf. Before that, natural gas inventory had risen for 34 straight weeks.
Enjoy the Mild Winter, and Watch Natural Gas Prices Drop
January natural gas futures contracts fell by 1.2% and closed at $1.89 per MMBtu (British thermal units in millions) on Tuesday, December 22, 2015.
Natural Gas Prices Trade Close to 16-Year Low
Long-term pessimistic sentiments could push natural gas prices lower. The next support for natural gas prices is seen at $1.60 per MMBtu.
US Natural Gas Rig Count Follows the Natural Gas Price Trend
US natural gas prices have fallen 18% so far in December 2015. Likewise, the US natural gas rig count has fallen by 21 rigs so far in 2015.
US Rig Count Rises despite Catastrophic Crude Price Fall
Baker Hughes reported that the US crude oil rig count rose by 17 rigs to 541 rigs for the week ending December 18, 2015, compared with the previous week.
Weather Forecast Is Vital for the Natural Gas Market
Record natural gas production, the mild winter weather forecast, and record natural gas inventories are adding pressure to natural gas prices.
Natural Gas Prices Hold above $2 per MMBtu
The cold winter could benefit natural gas prices. Natural gas prices could see resistance at $3 per MMBtu. Prices hit this level in April 2015.
Natural Gas Prices Trading Close to Psychological Levels
Natural gas prices have been oscillating between $2.10 and $2.30 per MMBtu for the last five trading sessions. The consensus of a fall in natural gas inventory could boost natural gas prices.
Natural Gas Prices Could See Resistance at $2.3 per MMBtu
Lower natural gas prices could support consumption. The demand from power plants could also support the prices.
Record Inventory Continues to Pressure Natural Gas Prices
Bloomberg surveys projected that the natural gas inventory could rise by 7 Bcf for the week ended November 20, 2015.
Bearish Momentum Could Push Natural Gas Prices to Fresh Lows
The EIA estimates that natural gas prices could average around $2.69 per MMBtu (British thermal units in millions) in 2015 and $3 per MMBtu in 2016.
Will Natural Gas Prices Test October’s Lows?
Prices for natural gas could test the next support of $2 per MMBtu as it appears that natural gas prices are trading within a downward trending channel.
Weather: Key Catalysts for Natural Gas Prices
Warm weather could be experienced across the eastern, northeastern, mid-Atlantic, and Great Lakes regions of the US according to MDA Weather Services.
Will the Natural Gas Rig Count Follow the Long-Term Trend?
Baker Hughes releases its natural gas rig count every Friday. Last week, the natural gas rig count fell by six to 193 for the week ending November 13, 2015.
Natural Gas Inventory Rises for 33rd Straight Week
Data released by the EIA on November 19 indicated that natural gas inventories rose to 4 trillion cubic feet for the week ending November 13, 2015.
US Natural Gas Inventory Could Increase the Most since 2009
If natural gas inventories rose in the week ending November 13, 2015, it will have been the highest inventory increase during this period since 2009.
US Natural Gas Rig Count Fell for the First Time in 5 Weeks
On November 13, Baker Hughes published its weekly natural gas rig count report. The natural gas rig count fell by six to 193 for the week ending November 13.
US Natural Gas Stocks Rose to Near 4 Trillion Cubic Feet
On November 16, the EIA published its natural gas in storage report. Natural gas stocks rose by 54 Bcf to 3,985 Bcf for the week ending November 6, 2015.
Will the Natural Gas Rig Count Follow Natural Gas Prices?
The natural gas rig count rose by ten in the last four weeks. Baker Hughes (BHI) will release the weekly natural gas rig count report on November 13, 2015.
Will the Natural Gas Inventory Rise for the 32nd Consecutive Week?
The current momentum of rising natural gas suggests that the natural gas inventory could rise for the 32nd straight week. This drives natural gas stocks higher.
Weather Will Likely Drive Natural Gas Prices in the Short Term
The US government’s global forecast model estimates that the weather will likely be colder than normal in November. Cold weather impacts the heating needs.
Freeport-McMoRan’s Take on the Energy Business: 3Q15 Call
Freeport-McMoRan (FCX) is looking at “strategic alternatives” for its energy business. It has highlighted two objectives for its energy (DBE) business
Natural Gas Rig Count and Natural Gas Prices Diverge
Baker Hughes (BHI) will publish the weekly natural gas rig count report on November 6, 2015. The US active natural gas rig count rose for the third straight week.
What’s the EIA’s Consensus on Natural Gas Stocks?
The EIA published its natural gas stocks report on November 5. Natural gas stocks rose by 52 Bcf to 3,929 Bcf for the week ending October 30, 2015.
Natural Gas Production Upticks: More Pain for Natural Gas Prices
The natural gas production from the US rose slightly by 0.2% for the week ending November 4, 2015—compared to the previous week.
Will Natural Gas Stocks’ Data Put Pressure on Natural Gas Prices?
The current natural gas stocks are 11.8% more than the level of 3,468 Bcf in 2014. They’re also 4.1% greater than the five-year seasonal average of 3,724 Bcf.
Will the Natural Gas Inventory Rise for the 31st Straight Week?
The natural gas inventory rose to 3,877 Bcf for the 30th consecutive week in the week ending October 23, 2015.
Inventory and Demand Could Drive Natural Gas Prices Lower
US households use 49% of the natural gas for heating needs. The lower cost of natural gas and clean energy will drive the demand for natural gas.
Weather: Key Catalyst for Natural Gas Prices in the Short Term
Warm weather was the catalyst that killed the natural gas market in October. Prices fell 8% in October due to warmer-than-normal winter weather estimates.
Will the Natural Gas Rig Count Rise for the Third Week in a Row?
Baker Hughes reported that the natural gas rig count rose by one to 193 for the week ending October 23, 2015.
Weekly US Natural Gas Inventories Have Risen Since April 2015
According to the EIA, US natural gas stocks rose by 63 billion cubic feet to 3,877 Bcf for the week ended October 23, 2015.
Why US Natural Gas Production Could Outpace Demand
Natural gas production from the lower-48 states of the United States rose to 81.65 billion cubic feet per day for the week ending October 27, 2015.
US Natural Gas Inventory Rose for the 29th Straight Week
According to the EIA, natural gas inventory rose 81 Bcf to 3,814 Bcf for the week ended October 16, 2015. It rose due to increasing natural gas production and a mild winter forecast.
Will the Natural Gas Rig Count Fall for the Fourth Week?
On October 16, Baker Hughes will release its active US natural gas rig count. The US natural gas rig count fell by six to 189 for the week ending October 9.
Natural Gas Prices Are within a Narrow Range
Natural gas prices have rallied after testing key support levels of $2.40 per MMBtu (British thermal units in millions).
Natural Gas Inventory Data Could Push Prices Lower
Natural gas inventories rose by 98 Bcf (billion cubic feet) to 3,538 Bcf in the week ending September 25, which was the 26th straight week of increases.
