US Natural Gas Prices Rise To 5-Month Highs On Hot Weather Forecasts: Energy Stocks On The Move Monday
US Natural Gas Prices Rise To 5-Month Highs On Hot Weather Forecasts: Energy Stocks On The Move Monday
Prompt-month natural gas futures have exceeded $3 per million British thermal units on Monday, marking the highest level since mid-January 2024 and hitting a potential four-day winning streak, spurred by forecasts predicting increased cooling demand due to anticipated warm weather in June.
周一,到期天然气期货价格超过每百万英热单位3美元,标志着自2024年1月中旬以来的最高水平,达到潜在的四连胜,受到预测增加冷却需求的推动,因为预计六月份天气温暖。
Last week, natural gas prices rose by 12.8%, and are currently eyeing the seventh week of gains out of last eight.
上周,天然气价格上涨12.8%,目前正关注最近八周中的第七周增长。
"With a blanket of heat stalling over the southern part of the country, market bulls maintained control," said Jodi Shafto, senior natural gas reporter at Natural Gas Intel.
天然气内幕高级分析师Jodi Shafto说道:"南部地区覆盖一层炎热的毯子,市场多头保持控制。"
Chart: US Natural Gas Price Have Rallied 95% Since Late April's Lows
图表:美国天然气价格自四月下旬以来上涨95%
NatGasWeather highlighted that much of the country is expected to experience temperatures ranging from the upper 70s and 80s in the Midwest and Northeast to the upper 80s and 90s elsewhere, with extreme heat in California and Texas reaching the mid-100s.
NatGasWeather指出,中西部和东北部地区的温度预计会在高七十度和八十度之间,其余地区的温度会在高八十度和九十度之间,在加利福尼亚和德克萨斯州会有到达一百五十度的极端高温。
The American forecast model predicts significantly above-average temperatures from Monday, June 17 to Monday, June 24.
美国的预测模型预测,从6月17日星期一到6月24日星期一,温度将显着高于平均水平。
"Either way, the pattern is hot enough for stronger-than-normal demand," NatGasWeather said. This trend is anticipated to reduce natural gas storage surpluses to around 450 billion cubic feet (Bcf) or slightly below by the end of the month, according to NatGasWeather.
NatGasWeather表示:"无论哪种方式,模式的热度都足以产生比正常更强的需求。" NatGasWeather预计,这种趋势将使天然气储备过剩量降至约4500亿立方英尺,或略低于本月末的水平。
In the week ending May 31, U.S. utilities added 98 Bcf of gas to storage, surpassing market expectations of an 89 Bcf increase. This was the ninth consecutive week of seasonal storage increases, bringing the total stockpiles to 2,893 Bcf. This level is 373 Bcf higher than the same period last year and 581 Bcf, or 25%, above the five-year average of 2,312 Bcf.
截至5月31日的这一周,美国公用事业公司增加了98亿立方英尺的天然气储备,超过市场预期的89亿立方英尺的增长。 这是季节性储备增加的第九个连续周,将总储备量增加到2,893亿立方英尺。该水平比去年同期高373亿立方英尺,比2,312亿立方英尺的五年平均水平高出581亿立方英尺,或25%。
Monday's Stock Movers In The Energy Sector
能源板块周一的股票推动者
Companies involved in the natural gas market outperformed oil-related stocks on Monday.
涉及天然气市场的公司优于石油相关股票
- Tellurian Inc. (NYSE:TELL) skyrocketed 13.5%, extending a 5-day rally started last week following rumors that Saudi giant Aramco was in discussion with the company for a liquified natural gas (LNG) project.
- Ring Energy Inc. (NYSE:REI) rallied 3.9%
- Comstock Resources Inc. (NYSE:CRK), soared 3.8%
- Matador Resources Company (NYSE:MTD) was up 3.7%
- Antero Resources Inc. (NYSE:AR) rose 3.5%.
- Obsidian Energy Ltd. (NYSE:OBE) was 3.1% higher.
- 聚焦液化天然气(LNG)项目的传言持续了一周,接下来天然气公司Tellurian Inc.(纽交所:TELL)飙升13.5%。
- Ring Energy Inc.(纽交所:REI)涨了3.9%
- Comstock Resources Inc.(纽交所:CRK)飙升3.8%
- Matador Resources Company(纽交所:MTD)上涨3.7%
- Antero Resources Inc.(纽交所:AR)上涨3.5%
- Obsidian Energy Ltd.(纽交所:OBE)上涨3.1%
The United States Natural Gas Fund (NYSE:UNG), which mirrors the performance of Henry Hub natural gas prices, increased by 4.7%, while the First Trust Natural Gas ETF (NYSE:FCG), tracking the performance of 48 natural gas companies, rose by 2%.
美国天然气基金(纽交所:UNG)反映亨利贝尔天然气价格,上涨了4.7%,而跟踪48家天然气公司业绩的第一信托天然气ETF(纽交所:FCG)上涨了2%。
The broader Energy Select Sector SPDR Fund (NYSE:XLE) rose 1.1%.
更广泛的能源选择板块SPDR基金(纽交所:XLE)上涨了1.1%。
Read now: Exxon's Texas LNG Project Faces Major Setback As Lead Contractor Files For Bankruptcy
立即阅读:埃克森德州液化天然气项目面临重大挫败,主承包商申请破产。
Image generated using artificial intelligence via Midjourney.
这张图片是通过Midjourney使用人工智能生成的。