Commodity market report

North America gas short-term outlook June 2018: storage injections have failed to impress

Loading current market price

Get this report

Loading current market price

Get this report as part of a subscription

Enquire about subscriptions

Already have subscription? Sign In

Further information

Contact us

Submit your details to receive further information about this report.

  • An error has occurred while getting captcha image
For details on how your data is used and stored, see our Privacy Notice.
 

Report summary

Warm weather is exacerbating the effect of coal and nuclear retirements, and the supply-demand balance would have been tighter if not for LNG maintenance and low nuclear outages. Prices have moved directionally in line with our previous forecast, with prompt July Henry Hub even breaking $3.00/mmbtu at one point, before retreating on the back of milder weather forecasts. Storage injections have failed to impress, and a price increase is still needed in order to fill inventories. Yet stronger second-half production leaves us well supplied at the end of withdrawal season.

What's included

This report contains

  • Document

    Basis Outlook.xls

    XLS 112.00 KB

  • Document

    Demand Detail.xls

    XLS 705.50 KB

  • Document

    Industrial Index.xls

    XLS 108.00 KB

  • Document

    LNG Detail incl Export.xls

    XLS 213.00 KB

  • Document

    NGL Price Outlook.xls

    XLS 285.00 KB

  • Document

    Northeast Takeaway Capacity.xls

    XLS 606.00 KB

  • Document

    Power Demand Curve.xls

    XLS 182.00 KB

  • Document

    Price Outlook.xls

    XLS 120.00 KB

  • Document

    Storage Outlook.xls

    XLS 154.00 KB

  • Document

    Supply Demand Balances.xls

    XLS 299.50 KB

  • Document

    Supply Detail.xls

    XLS 284.50 KB

  • Document

    North America gas short-term outlook June 2018: storage injections have failed to impress

    PDF 471.99 KB

  • Document

    North America gas short-term outlook June 2018: storage injections have failed to impress

    ZIP 1.99 MB

Table of contents

Tables and charts

This report includes 14 images and tables including:

Images

  • Lower 48 dry production forecast
  • Feedgas projections by terminal
  • Impact to Henry Hub Prices
  • Henry Hub price outlook
  • Weather-adjusted injections need to loosen
  • Dominion South basis
  • Exit flows, southwest Marcellus and Utica
  • Basis outlook

Tables

  • Key supply metrics and indicators
  • Short-term price outlook
  • US supply-demand outlook (bcfd)
  • US storage inventories (bcf)
  • Canada supply-demand outlook (bcfd)
  • Mexico supply-demand outlook (bcfd)

Questions about this report?

    • Europe:
      +44 131 243 4699
    • Americas:
      +1 713 470 1900
    • Asia Pacific:
      +61 2 8224 8898