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UK Natural Gas - Oct 24 (NGLNMc1)

ICE
Currency in GBP
Disclaimer
88.99
+2.00(+2.30%)
Delayed Data

Natural Gas Futures Discussions

Sell c us dropped next 4 weeks 29 bcf. NOT NEARLY ENOUGH!
Rank and file gas gamblers have been “had”! Smart money does not depend on EIA data and especially sell c us!
they say what they want then revise it a month later!!!same w job numbers
Would not be surprised if September injection is closer to 220 bcf.
Will prob avg 30-50bcf week which is still low for this time of year and will bring storage down further, supporting higher prices.
W oil below 70$ production at best will remain the same,but prob will lose rigs and gas production, again supporting prices.
Around the great lakes they are calling for 6 degrees w a chance of frost!! Lmao. From 28 to frost in two days! So much for shoulder season
the quantum existence can best be supported by censorship (the level of evil)
Sell c Us should make some major downward revisions in storage this evening
Current data does not support today’s storage #. I am guessing EIA is correcting a lot of past sins of over/reporting storage. They got caught with their hand in the cookie jar on the crude oil market and I think we’ve cut them with her hand and the cookie jar over reporting the storage on that guess. Eventually, they have to get honest.
I don’t know if they’re corrupt or incompetent. Attend to believe they’re corrupt.
Bought and paid for paid for by the Biden administration
both
Still its over supply, untill winter come I don’t this going above 2.60
2.60 would be beautifull
I expect Putin to ne a complete ask hole this winter...ttf>100...ng exports > 15....ng >6.40 peak winter...maybe touch 10...
rosa..yr the best
take it easy greta...2.27 major resistance...2.30 is fair mlkt price based on comp inv analysis...so maybe  few cents higher...maybe pre weekend selloff...but oh baby it will pop by end of Oct latest...hot sept to start..5.40+
It's due for a run, breaking out of yesterday to new highs since last month is a good sign there is going to be more of a run to come. max probably 2.45 hard for it to justify more as Jan already high. Tread carefully. Waiting for profits.
Some heat coming in a few days. Hurricanes have been a no show with Beryl being the exception. There are 5 disturbances on the NHC website but all have low chance of development and some don't even matter to NG. Very lucky bulls. If we get some cold, bulls will look at this price and realize it was a godsend because of the effect it had on demand and supply.
2.15 Friday then huge gap down Monday. Then rollover to 2.5
Nonsense
Still hope we don't go up until the end of September and that hopefully that locks in production at no more than 103-104 during the winter.
To keep prices low and incentivise producers to maintain production and not increase so much. And take advantage of coal to gas switching which is great at these prices.
Even with Matterhorn coming online, I'm not sure I've seen such a potentially bullish scenario regarding production in almost 7 years. All we need then will be cold.
anything matterhorn sends to texas, cartage will decrease as to not saturate texas market. This has already been verified. Gl
A snippet from NGI regarding the 2.5 bcf/d Matterhorn pipeline. 'Management for one of the pipeline’s backers, EnLink Midstream LLC, said in August that they expect Matterhorn to be in service in September. EnLink CFO Benjamin Lamb said that they would “begin seeing some contribution to the financials in the fourth quarter.” 'I think it’s going to fill very quickly,' Lamb said. EBW Analytics Group senior analyst Eli Rubin said Thursday that there was 'speculation that the Matterhorn pipeline may be beginning to take gas' and that progress could be 'a precursor to a wave of supplies reaching the Gulf Coast in coming weeks.'
Ahead of that gusher of flows, Waha cash prices on Thursday averaged in positive territory for the first time since late July, at an average 12.5 cents, up 25.5 cents day/day, according to NGI’s MidDay Price Alert.
EIA Weekly Update. Total supply at 108.1, down from 108.8. Production itself down 0.4 bcf/d to 101.6. Total demand at 98.9, down from 101.2.
LNG at 13.1, up from 12.7.
2.32 or 2.15 tomorrow, vote
2.17
2.15
2.15-2.17
Thirty three cents contango coming down
What was a prediction for NG inventory before the report?
+25 to +29 according natgasweather
I am out
I am out se you 9h
Asia takes this to profit then ..remember its long and long only ..you cant do this like i do 👍
Held well. Good sign. Easy to break 2.3 tomorrow. Then I'm looking sneaking out and keeping some with bigger hedges.
ive seen too many come in and no one ever seen them leaving ..bang bang
Volume is rising exponentially. So will NG price!
Texas Matterhorn natgas pipe has started moving some gas.
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