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Looking ahead to Thursday’s EIA report for the week-ending June 1, analysts are already saying we will again see injections fail to eclipse the triple-digit mark, potentially growing deficits in ...
The average forecast of 13 analysts participating in a Wall Street Journal survey landed at 73 Bcf. Estimates ranged from builds of 68 Bcf to 79 Bcf.
Estimates ahead of the EIA report have ranged widely from a withdrawal as small as 16 Bcf to as large as 31 Bcf. Natural Gas Price Fundamental Daily Forecast – Bearish EIA Miss Could Trigger ...
Earlier in the session, the EIA reported that domestic supplies of natural gas rose by 85 billion cubic feet for the week-ended May 3. Platts also said that the organization’s largest producer ...
The daily chart indicates potential resistance at $2.685 to $2.760. If traders respect this zone, prices could tumble back to $2.546.
This Week in Petroleum: Weekly summary and explanation of events in United States and world petroleum markets, including weekly data. [10] This report, together with its companion, the Weekly Petroleum Status Report, [11] is a handy tool for investors. These are published every Wednesday (unless Monday is a holiday) at 10:30 AM Eastern Time ...
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Natural gas markets initially plunged during the course of the week but then turned around to see a bit of support late in the week. Natural Gas Weekly Price Forecast – Natural Gas Finding ...