Commodity Market Report

North America gas markets weekly update: Futures roller coaster continues

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23 January 2019

North America gas markets weekly update: Futures roller coaster continues

Report summary

We expect 159 bcf, 203 bcf and 204 bcf of gas to be taken out of storage through February 1. After the sharp drop in prices over the past week withdrawals may finally exceed the normal pace the last two weeks of January. The first two weeks of February can still generate substantial heating demand. Afterwards the chances of a withdrawal exceeding 180 bcf will drop considerably. It would take an extreme weather event in February to get inventories below 1 tcf this year. In 2014 inventories hit a low point of 825 bcf.

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  • Document

    Imbalance_Chart_pred.xls

    XLS 710.00 KB

  • Document

    Scrape_Data.xls

    XLS 476.00 KB

  • Document

    Weather_Index.xls

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    North America gas markets weekly update: Futures roller coaster continues

    PDF 883.38 KB

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