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Natural Gas Forecast: Key Trendline in Focus as Strong Exports Provide Support


Natural Gas Forecast: Key Trendline in Focus as Strong Exports Provide Support
2021-06-03 02:00:00
Thomas Westwater,
Analyst
Natural Gas, EIA, Exports, NOAA 8-14 Day Outlook – Talking Points
Natural gas price supported by strong LNG export figures
Weather, weekly EIA report seen as short-term price drivers
September trendline in focus after second weekly price gain
Natural gas is on track to record a second weekly gain following bullish export figures from the US Energy Information Administration (EIA). US cross-border sales of liquefied natural gas (LNG) – the most common medium for transporting the commodity overseas hit a record high in March, according to data released by the EIA last week. March’s export figure was recorded at 317,678 million cubic feet (mcf). ....

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Inflation Signals Bolster Oil Price Outlook


Here is a review of oil and gas market hits and misses for the week ending May 28, 2021.
(The views and opinions expressed in this article are those of the attributed sources and do not necessarily reflect the position of Rigzone or the author.)
Inflation, India, and Iran have figured prominently in global energy markets recently, and the past week has been no exception. In this latest installment of weekly oil and gas market hits and misses, find out what some of Rigzone’s regular prognosticators have to say about the latest developments on these and other fronts.
Rigzone: What were some market expectations that actually occurred during the past week – and which expectations did not? ....

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