Hier ein paar Einblicke in die derzeitige Situation. .) Steigerungen sind begründbar durch Produktions-Einschnitte durch den größten kanadischen Produzenten, Encana NEW YORK, April 25 (Reuters) - U.S. natural gas futures shot up sharply on Wednesday as stronger demand and talk of supply cuts from Canada's largest gas producer stirred buying despite milder extended weather forecasts and concerns about record-high supplies. Traders also said an earnings release from Encana raised expectations about more gas supply cuts and triggered some of the buying and short covering Wednesday. "There is current weakness in market fundamentals due to an oversupply of natural gas and it is clear that a continued reduction of drilling activity will be required to restore market balance," the company said in a statement. .) Immer öfter wird von Kohle auf Gas zur Energie-/Stromerzeugung umgestiegen
Low gas prices have also prompted more utilities to switch from coal to cheaper gas to generate power, adding as much as 8 billion cubic feet, or about 10 percent, to daily gas demand versus last year's levels. .) Verkäufer verlieren die Geduld Chart watchers, noting that speculative traders have been heavily short futures, said sellers may be running out of patience, particularly amid signs of a tighter market. They said shorts may have opted to cover on Wednesday ( Bitte um Erklärung dazu! ) ahead of Thursday's weekly inventory report and the May expiration. But many traders remain skeptical of the upside with supplies still at record highs and no extreme heat or cold on the horizon to significantly boost weather-related demand. .) Die anhaltende ANGEBOTSFLUT könnte im Schlimmsten Fall die vorhandenen Speicherkapazitäten sprengen
Concerns are growing that the inventory glut will drive prices lower this spring as seasonal weather demand fades and pressure prices again this summer as storage caverns fill and force more gas into an over-supplied market. If weekly stock builds through October match the five-year average, inventories would top out at 4.594 tcf, 12 percent over peak capacity estimates of about 4.1 tcf. HEUTE 16.30h EIA Daten .) Erwarteter Anstieg von 'Analysten/Experten' für die vorangegangene Woche: 47 bcf / SZENARIO Injection estimates for this week's EIA storage report ranged from 33 bcf to 65 bcf, with most traders and analysts expecting data to show a build of about 47 bcf when it is released early Thursday, a Reuters poll showed. Last year stocks rose an adjusted 35 bcf that week and on average over the past five years have gained about 47 bcf for that week. |