DJ: Traders and analysts surveyed by Dow Jones Newswires expect a 21 billion
cubic feet withdrawal of natural gas from U.S. storage for the week ended Nov.
23 - the first significant withdrawal of the season, but still not enough to
make a significant dent in near-record storage levels.
futuresource.quote.com
Bloomberg: Nymex Natural Gas Falls on Outlook Supplies Will Exceed Demand
bloomberg.com
Supplies declined 20 billion cubic feet last week, according to the median of 17 analyst estimates complied by Bloomberg.
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Reuters: U.S. spot natural gas prices traded mixed on Wednesday, with most price points, including
benchmark Henry Hub gas in Louisiana, rising on the day amid
colder late-week weather in key consuming regions of the nation
that should boost demand. But weaker gas futures and fairly mild weather forecast for
the South and West were seen pressuring prices in those
regions, traders said...
www1.investorvillage.com
... Withdrawal estimates for this week's EIA report ranged from
7 bcf to 30 bcf, with most traders and analysts expecting
stocks to fall by about 19 bcf when weekly data is released
Thursday at about 10:30 a.m. EST, a Reuters survey showed.
Physical Natural Gas Prices for next day delivery - Mostly Up in the East, Down in the West.
intelligencepress.com
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GULF PRODUCTION MONITOR: November 28, 2007
bentekenergy.com
Large flow declines of about 223,000 Dth/d in Texas today have reduced total Gulf production to 11.6 Bcf/d from 11/9 Bcf/d in yesterday's I2 cycle. Texas flows are down on NGPL, Tennessee, Tetco and a host of other lines. Louisiana production is flat today. Independence Hub was bumped up to 851,000 Dth/d in yesterday's I2 cycle from about 811,000 Dth/d in the evening cycle. Production from the hub is back down to 813,000 Dth/d today.
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Expectations for tomorrows reported draw are:
Dow Jones Survey -21 Bcf
Bloomberg Survey -20 Bcf
Reuters Survey -19 BCF
robry825 -20 Bcf
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China Suspends LNG Purchases From Spot Market on High Prices
By Winnie Zhu
Nov. 29 (Bloomberg) -- China has halted liquefied natural gas purchases from the spot market for individual cargoes because of rising prices as the Northern Hemisphere winter approaches, an official at the country's only importer said.
bloomberg.com |
