US natural gas stockpiles seen up 60 bcf last week
Repeats POLL originally published on Oct 23, no changes.
Oct 23 (Reuters) -U.S. utilities likely added a smaller-than-usual 60 billion cubic feet (bcf) of natural gas into storage last week, according to the average estimate in a Reuters poll on Wednesday.
That compared with an injection of 81 bcf during the same week a year ago and a five-year (2019-2023) average increase of 76 bcf for this time of year.
In the prior week ended Oct. 11, utilities added 76 bcf of gas into storage USOILN=ECI.
If correct, the forecast for the week ended Oct. 18 would increase stockpiles to 3.765 trillion cubic feet, about 2.4% above the same week a year ago and around 4% above the five-year average for the week.
The U.S. Energy Information Administration will release its weekly storage report at 10:30 a.m. EDT (1430 GMT) on Thursday.
There were 75 total degree days last week compared with a 30-year normal of 74 for the period, according to data from financial firm LSEG.
Total degree days measure the number of degrees a day's average temperature is above or below 65 degrees Fahrenheit (18 degrees Celsius) to estimate demand to cool or heat homes and businesses.
Reuters polled 13 analysts, whose estimates ranged from injections of 43 bcf to 90 bcf, with a median increase of 61 bcf.
Early estimates for the week ending Oct. 25 ranged from injections of 65 bcf to 87 bcf, with an average increase of 76 bcf.
That compares with an increase of 77 bcf during the same week last year and a five-year average increase of 67 bcf.
Following is a list of the poll's participants. All figures are in billions of cubic feet:
Organization | Forecasts in bcf |
DTN | 43 |
Baker & O'Brien | 44 |
Gelber Associates | 51 |
Price Futures Group | 55 |
Ritterbusch Associates | 56 |
C H Guernsey | 58 |
StoneX Group | 61 |
ENGIE Insight | 63 |
SMC Report | 65 |
Natural Gas Intelligence | 66 |
LSEG | 70 |
Snapper Creek | 71 |
Energy Ventures Analysis | 90 |
Reporting by Brijesh Patel in Bengaluru; editing by Scott DiSavino and David Gregorio
免责声明: XM Group仅提供在线交易平台的执行服务和访问权限，并允许个人查看和/或使用网站或网站所提供的内容，但无意进行任何更改或扩展，也不会更改或扩展其服务和访问权限。所有访问和使用权限，将受下列条款与条例约束：(i) 条款与条例；(ii) 风险提示；以及(iii) 完整免责声明。请注意，网站所提供的所有讯息，仅限一般资讯用途。此外，XM所有在线交易平台的内容并不构成，也不能被用于任何未经授权的金融市场交易邀约和/或邀请。金融市场交易对于您的投资资本含有重大风险。
所有在线交易平台所发布的资料，仅适用于教育/资讯类用途，不包含也不应被视为用于金融、投资税或交易相关咨询和建议，或是交易价格纪录，或是任何金融商品或非应邀途径的金融相关优惠的交易邀约或邀请。
本网站上由XM和第三方供应商所提供的所有内容，包括意见、新闻、研究、分析、价格、其他资讯和第三方网站链接，皆保持不变，并作为一般市场评论所提供，而非投资性建议。所有在线交易平台所发布的资料，仅适用于教育/资讯类用途，不包含也不应被视为适用于金融、投资税或交易相关咨询和建议，或是交易价格纪录，或是任何金融商品或非应邀途径的金融相关优惠的交易邀约或邀请。请确保您已阅读并完全理解，XM非独立投资研究提示和风险提示相关资讯，更多详情请点击 这里。
