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JH Greenmore

Joined: 17/05/17


Comments by JH Greenmore
Natural Gas Oct 05, 2021 9:12AM ET
Relax, this is following the mania in Dutch TTF, will come down hard again. “U.S. weather patterns in the coming 15 days remain quite bearish in the overnight weather data,” NatGasWeather said. “…Bigger picture, U.S. supplies have been increasingly bearish trending over the past month as weekly storage builds print larger than expected, including what’s likely to be a string of six straight weekly storage builds” above the five-year average.This would put stockpiles on track to exit the injection season at more than 3.6 Tcf, potentially approaching 3.7 Tcf, the firm said.
Natural Gas Oct 04, 2021 6:08PM ET
Already posted that hours ago
Natural Gas Oct 04, 2021 5:56PM ET
"The Federal Network Agency today requested Nord Stream 2 AG to provide information and, if necessary, evidence that all regulatory requirements will be met in the context of operating the pipeline," Germany's Bundesnetzagentur (BNetzA) said in a statement. "This relates in particular to issues of non-discriminatory network access and the integration of the interconnector into the German market area." BNetzA said it made the request as it could not be ruled out that operations could start shortly.
Natural Gas Oct 04, 2021 5:54PM ET
This can influence price worldwide - Germany's energy regulator has asked Swiss-based Nord Stream 2 AG to provide assurances that the controversial pipeline meets regulatory requirements when it enters service, adding it cannot be ruled out that operations could start soon.
Brent Oil Oct 04, 2021 4:37PM ET
Don't fight the FED as we said after 2008, then it became OPEC (+) too. That's why I stepped down from trading oil (only minor trading now), too much manipulation done by a few countries.
Natural Gas Oct 04, 2021 3:45PM ET
European inventories getting a lot better. US will follow. 5 and below is possible eow. - Celsius European #natgas inventories rose by +24.8 BCF/day yesterday, the largest build of the season—although some of this may have been due to delayed reporting from several countries. Regardless, the storage deficit vs the 5-yr avg has now dropped to -514 BCF, the lowest since May 17.
Natural Gas Oct 04, 2021 3:40PM ET
Don't forget the switch to Oil. Price will take care of it self. -Goldman Sachs expect an extra 650,000 barrels a day of crude demand later this year as utilities wrestling high natural gas prices switch to oil to fire power plants.
Natural Gas Oct 04, 2021 3:29PM ET
World’s top commodity trading houses are being told by brokers and exchanges to deposit hundreds of millions of dollars in extra funds to cover their exposure to soaring gas prices.Glencore, Gunvor, Trafigura and Vitol are among the commodity merchants facing massive margin calls on their positions in natural gas markets across Europe and the U.S.
Brent Oil Oct 04, 2021 3:07PM ET
Hi Walt, I'm good :) and you? Who would have thought that, from $16 to 82 since last year. Look at major indices taking a turn down now, I don't think it's over yet. Oil will come down too, in time.
Brent Oil Oct 04, 2021 2:38PM ET
Out of SP from 81.95 here at .17, moving too slowly for me, but still think we'll see below 81 today.
Brent Oil Oct 04, 2021 10:24AM ET
Looking good, below 81 soon
Brent Oil Oct 04, 2021 9:58AM ET
Added 81.95 come on now.
Brent Oil Oct 04, 2021 9:50AM ET
Couldn't resist at this level, SP 81.65
Natural Gas Oct 03, 2021 1:35AM ET
The thing is US LNG market is 98.5 totally US based, we can't export more than 1.5% as for now. It's about psychology in markets and a wild chase, that can change very fast infact. A milder winter than what some expect and we will be back to oversupply again, big time..
Natural Gas Oct 03, 2021 1:17AM ET
But how many times of those did we an insane up move in September, the month before, something has to give in, eventually..
Natural Gas Oct 03, 2021 1:01AM ET
and..and..
Natural Gas Oct 03, 2021 1:01AM ET
how we can go back to oversupply again.. how we can go back to oversupply again..
Natural Gas Oct 03, 2021 12:49AM ET
Hardly.. Read below
Natural Gas Oct 03, 2021 12:36AM ET
Things can change very fast in energy markets. You're getting paid for using electricity some places in Europe now, due to a lot of wind and precipitation. So how about getting paid for using NG next week, there's a lot of it out there and more will be injected next couple of weeks. Isn't that funny :) "For five hours on Sunday evening, prices in southern and eastern Norway will be negative, according to the Nord Pool PowerPoint exchange."https://remonews.com/norwayeng/you-can-get-paid-to-use-electricity-tonight-e24/
Natural Gas Oct 03, 2021 12:03AM ET
Perfect lower high, spells sub 5.
Natural Gas Oct 01, 2021 11:40PM ET
Reality! Nov nat-gas prices on Friday posted sharp losses on negative carry-over from Thursday when weekly EIA nat-gas inventories rose more than expected, easing supply concerns.  Also, NOAA has forecast above-normal temperatures across most of the U.S. for October, which should curb demand for nat-gas as heating fuel.  
Natural Gas Oct 01, 2021 7:54PM ET
Well, so close to my target 5.50. We're getting closer to reality, be prepared for sub 5 next week {{e:f09f9889}}
Natural Gas Oct 01, 2021 11:15AM ET
Time to get some serious action in NG now and break 5.50
Natural Gas Oct 01, 2021 10:38AM ET
Spot on
Natural Gas Oct 01, 2021 8:54AM ET
Reality starting to kick in?