ارشيف مدونة اميمه ايمن

Natural gas prices alone afresh Wednesday, as forecasts of ceaseless balmy winter acclimate in the U.S. abject affect on the heating ammunition advanced of Thursday’s address on U.S. accustomed gas supplies.
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On the New York Mercantile Exchange, accustomed gas futures for April commitment traded at USD2.75 per actor British thermal units during U.S. morning trade, aerobatics 1.5%.  

It beforehand fell by as abundant as 1.95% to barter at a affair low USD2.719 per BTU.

Natural gas prices came beneath affairs burden afterwards the Commodity Acclimate Group said warmer-than-normal temperature was anticipation for the abutting two weeks beyond best genitalia of the U.S. Midwest, Northeast and South.

According to the firm, temperatures in the Northeast may be 8 degrees aloft accustomed throughout the period. For the eastern U.S. as whole, temperatures may be 5 degrees college than normal.

Weather account provider AccuWeather offered a agnate outlook. The aggregation expects temperatures in the U.S. Northeast and Midwest to mostly boilerplate above-normal for the abutting bristles days.

Meanwhile, accustomed gas traders were attractive advanced to Thursday’s closely-watched U.S. Energy Information Administration’s address on U.S. accustomed gas stockpiles for the anniversary concluded February 10 to barometer the backbone of appeal in the U.S.

The abstracts could appearance a abatement of 146 billion cubic feet, compared to aftermost year's bead of 102 billion cubic anxiety and the five-year boilerplate abatement for the anniversary of 145 billion.

With aerial levels of assembly continuing beyond the U.S., alone a abiding aeon of frigid acclimate in the aftermost six weeks of winter is acceptable to abate accrue levels and accession prices.

Inventory withdrawals this winter are active about 530 billion cubic anxiety beneath average, or about 33%, due to the abridgement of heating appeal this winter.

Winter so far in the U.S. has been the additional mildest back 1950. It is active about 13% warmer than the 30-year normal, according to contempo abstracts from MDA EarthSat.   

Last winter at this time, algid acclimate altitude led to a abatement of added than 1.9 abundance cubic anxiety from U.S. accumulator to advice accommodated the billow in heating demand. In contrast, alone 1.1 abundance cubic anxiety of accumulator gas has been austere this winter season, a 42% drop.

Total U.S. accustomed gas inventories stood at 2.761 abundance cubic anxiety as of aftermost week, 42% aloft year-ago levels and 38% college than the five-year boilerplate for this time of year.

Elsewhere on the NYMEX, ablaze candied awkward oil futures for commitment in April traded lower 0.34% to barter at USD105.89 a barrel.


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