On demand, the outlook considers Europe’s residential, commercial, and industrial and power sector gas burn. The continent’s gas storage flexibility is assessed, expressed as net injections or withdrawals. Also included is a monthly forecast of the key Dutch TTF price to accompany the fundamental...
The U.S. Energy Information Administration (EIA) is cutting its projected average Henry Hub natural gas spot price to $2.20/ MMBtu for 2024, down 5.2% from the $2.30 average price the agency modeled a month earlier. In the April release of its Short-Term Energy Outlook (STEO), published...
Short-Term Forecast: Choppy Trade Overall, the market’s short-term outlook appears to be influenced by weather forecasts and the expectations of increased gas demand both for power generation and export. With these factors in play, traders will likely keep a close eye on developments in ...
Market Outlook Today's Market US Economy Gold & Precious Metals Commodities Forex Editors' Picks Cryptocurrency Market Data Bond ETFs Commodity ETFs Country ETFs Currency ETFs Dividend ETFs Emerging Market ETFs Global and Regional ETFs Growth vs. Value ETFs Market Cap ETFs Real Estate ETFs Sector ETF...
Daily gas price forecasts, updates on fundamentals and analysis of market-moving events from ICIS, the leader in gas market intelligence.
In its April's Short-Term Energy Outlook (STEO), EIA said the increase is a result of colder forecast temperatures in 2022 compared with 2021, which results in more consumption in the residential and commercial sectors. In addition, the U.S. industrial sector will consume more natural gas in...
Meanwhile, EIA forecast that average annual U.S. dry natural gas production will average 91.6 billion cubic feet (2.59 billion cubic meters) per day in 2019, up 10 percent from the 2018 average, and will average 93.5 billion cubic feet per day in 2020. ...
Market Forecast Given the current oversupply and forecasts for lower demand, the outlook for U.S. natural gas futures remains bearish in the short term. Prices may continue to face downward pressure unless there are significant shifts in production or unexpected spikes in demand. ...
Due to the efficacy of the new proposed model compared to other benchmark models, we used the proposed DFGM(1, 1, tα) model to forecast China’s natural gas consumption. According to the modelling procedure introduced in Section 2.2, the original sequence from 2001 to 2018 was used for ...
The likelihood of an especially active Atlantichurricaneseason raises concerns about weather-related disruptions in theU.S.oil and natural gas sector, according to federal energy officials. NOAA's official hurricane forecastcalls for 17-25 named storms this year, of which 8-13 may become hurricanes...