Items Tagged with 'build'

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Analyst Viewing Deficit Turning to Surplus; November Seen 3 Cents Lower

November natural gas is set to open 3 cents lower Wednesday morning at $3.68 as weather forecasts remain stubbornly locked in moderate mode and the technical environment continues to deteriorate. Overnight oil markets rose. Read More

Sasol Secures Permits for Louisiana GTL Plant, Ethane Cracker

Sasol Ltd. said it plans to make a decision in the next two years on whether to construct a gas-to-liquids (GTL) plant in Louisiana, after the U.S. Army Corps of Engineers (USACE) awarded the South African company a wetlands permit to build the plant and an ethane cracker. Read More

Supportive Tone Seen to EIA Storage Stats; September Called a Penny Higher

September natural gas is expected to open a penny higher Thursday morning at $3.84 as traders see some modest bullish risk to the morning release of government storage figures. Overnight oil markets fell. Read More

Forecasts Cool Ahead of Storage Data; August Called 2 Cents Higher

August natural gas is set to open 2 cents higher Thursday morning at $3.78 as traders hone their short-term trading algorithms awaiting the morning release of government storage figures that are expected to offer near-term trading opportunities. Overnight oil markets slipped. Read More

Third Triple-Digit Storage Build Anticipated, Yet July Called Flat

July natural gas is expected to open unchanged Thursday morning at $4.62 as traders anticipate a storage build report well above seasonal norms. Overnight oil markets rose. Read More

Futures Shoot Higher On 'Reclassified' Storage Data

Natural gas futures plunged then rallied following the release of government storage figures showing an increase in inventories that was greater than what traders had been expecting. Read More

Expected Plump EIA Stats Have Bulls On Edge; June Seen 2 Cents Lower

June natural gas is set to open 2 cents lower Thursday morning at $4.35 on the eve of what is expected to be the first storage build past the century mark of the new injection season. Overnight oil markets were mixed. Read More

Another Thin Build Report? May Called 4 Cents Higher

May natural gas is expected to open 4 cents higher Thursday morning at $4.77 before the release of government storage statistics that for the last two weeks have come in shy of market estimates. Overnight oil markets rose. Read More

Triple-Digit Builds Seen Eventually, Yet May Called Flat

May natural gas is set to open unchanged Thursday morning at $4.53 as traders expect a government storage report to show increases that were about in line with long-term averages yet well short of levels needed to fully restore working gas inventories. Overnight oil markets slumped. Read More

Traders See Market Consolidation; May Called A Penny Higher

May natural gas is set to open a penny higher Tuesday morning at $4.57 as traders discount the breach of a monthly trend line and mull increased storage injections. Overnight oil markets slumped. Read More