|April 17, 2014 06:05 PM EST|
The May-Oct14 and Nov14-Mar15 strips settled ~12 & ~10 cents higher W-o-W and both were near the upper end of the Feb-Apr ranges; the spot contract tested technical resistance levels; pre-holiday pricing can be a deceptive indicator of future direction but it must be noted
The May14-Oct14 strip may be shifting to a $4.50-$5.00 range
The Apr15-Mar17 contracts were ~7 to ~5 cents higher W-o-W
|April 17, 2014 05:41 PM EST|
Apr 17, 2014: NYMEX Energy Futures; Natural Gas Strips
Apr 16, 2014: Natural Gas Cap & Collar Indications
|April 17, 2014 05:26 PM EST|
HEM CSD Closed 04/18/2014 in Observance of Good Friday >>Read More
|April 17, 2014 10:36 AM EST|
ACTUAL = 24 bcf INJECTION; range was 36-42 bcf; Consensus was 36 bcf; Prior periods 25/37/29 bcf PY/5Y/10Y Avg.
NYMEX Spot & 12M strip ~16 & ~13 cents higher
Colder temperatures and higher power plant outages Y-o-Y were key drivers behind the below consensus injection
|April 16, 2014 07:06 PM EST|
INJECTION range 36-42 bcf; Consensus is 36 bcf; Prior periods (74)/(30)/(44) bcf PY/5Y/10Y Avg.