🔮 Better than the Oracle? Our Fair Value found this +42% bagger 5 months before Buffett bought itRead More

UK Natural Gas - Jul 24 (NGLNMc1)

ICE
Currency in GBP
Disclaimer
83.45
-0.85(-1.01%)
Delayed Data

Natural Gas Futures Discussions

Today's projected +8 BCF injection is 0 BCF smaller than yesterday's 9 BCF build. It is 5 BCF bullish compared to last year's +14 BCF build and 4 BCF bullish versus the 5-year average 12 BCF/day build.
2.875 sell side first target
Flat lane RIP NG 😜
Natural gas is naturally falling
Naturally 2.000 is coming.
Celcius printed hotter weather overnight. Hold onto your longs and be patient $3.2 is around the corner. IMO.
yeaah did a mistake bought at 3.050.. but still holding.. not the brightest decision of mine but whatever
With MVP pipeline and EQT news there will be 3 bcf/day more supply…i hope other companies like chesapeake also restart curtailed gas production
Come on move upside it's getting hot here I can feel sun even I'm in basement now
USA data week so NG see down side may be 2.02
what week data?
60 % in on longs
damn that sounds naughty ;)
Giddy up Cowboys. NG is going to 3.33 $
3.010 3.090 todays target let see sl 2.860
on track
you think that rising remains?
guess so, yes. maybe 3.40. maybe a bit higher.
Very wark, support 2.85, on break 2.61
you are a market mover,don't post any fraud msg
2.85 sooner then later
Always wrong
What is a fair price when they all calm down without any overbought or oversold?
Stop acting like a midget
above 3 tbh
National demand will increase to even stronger levels next week into the following week as high pressure strengthens further over the eastern US with highs of 90s. At the same time, the southern US will remain hot w/highs of upper 80s to 100s and with only the Northwest and N. Plains relatively comfortable. As such, CDD totals for June 17-27 are forecast to be near all-time records. In addition, the long-range weather data maintains a hotter than normal pattern over most of the US to start July for continued strong-very strong demand. With that said, bulls might need to be careful as the EC weather model easily could have be too hot and has the potential to shed a quick 10 CDDs at any time, just as it did all of last summer when it over forecast heat in some instance.
tp would be 2$ for seller and buyer tp would be the 3.4$ let's see what happens
Based on the 18z run of the GFS ENS computer model, for the 4 natural gas storage weeks from June 8 to July 5, Natural Gas-Weighted Degree Days (GWDDs)--a composite of heating & cooling degree days and population distribution patterns that estimates the contribution of temperature to natural gas demand--will total 364 GWDDs, 23% above the historical average of 295 GWDDs suggesting that temperature-driven natural gas demand will be elevated relative to seasonal averages. Compared to the computer model run from 6 hours ago, forecast GWDDs have risen 0 GWDDs or 0.1%.
Ok. So storage surplus will go 550-480 minus a few if production stays down. Still be 400 bcf over by end of summer if heat doesn't continue.
Thank you for sharing this Data.
I think losers are either bragging, jamming, or spamming, including me. Lot of variables involved with NG. Good luck with your trades everyone.
2.5
mcx opening price
Too much. Most it moves in a day is 5%on average. Once a year maybe 10% range.
9.00 a.m
Today it reach upper circuit
2.50
2.84
man when you look at the forecast map - sure looks like it lost some heat.
gap down resistance aligns well with indicators, picking up slight sideways indication and crest in MAs (pop it or drop it)
...
Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.