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.
週一，到期天然氣期貨價格超過每百萬英熱單位3美元，標誌着自2024年1月中旬以來的最高水平，達到潛在的四連勝，受到預測增加冷卻需求的推動，因爲預計六月份天氣溫暖。
Last week, natural gas prices rose by 12.8%, and are currently eyeing the seventh week of gains out of last eight.
上週，天然氣價格上漲12.8％，目前正關注最近八週中的第七週增長。
"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.
天然氣內幕高級分析師Jodi Shafto說道："南部地區覆蓋一層炎熱的毯子，市場多頭保持控制。"
Chart: US Natural Gas Price Have Rallied 95% Since Late April's Lows
圖表：美國天然氣價格自四月下旬以來上漲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，中西部和東北部地區的溫度預計會在高七十度和八十度之間，其餘地區的溫度會在高八十度和九十度之間，在加利福尼亞和德克薩斯州會有到達一百五十度的極端高溫。
The American forecast model predicts significantly above-average temperatures from Monday, June 17 to Monday, June 24.
美國的預測模型預測，從6月17日星期一到6月24日星期一，溫度將顯着高於平均水平。
"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："無論哪種方式，模式的熱度都足以產生比正常更強的需求。" NatGasWeather預計，這種趨勢將使天然氣儲備過剩量降至約4500億立方英尺，或略低於本月末的水平。
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日的這一週，美國公用事業公司增加了98億立方英尺的天然氣儲備，超過市場預期的89億立方英尺的增長。 這是季節性儲備增加的第九個連續周，將總儲備量增加到2,893億立方英尺。該水平比去年同期高373億立方英尺，比2,312億立方英尺的五年平均水平高出581億立方英尺，或25％。
The weekend GFS lost a few CDDs, although the ECMWF gained a few. Both forecast light to moderate national demand through Thursday but then both are quite hot with the US pattern for the 3rd week of June, just with the EC numerous CDDs hotter compared to the GFS. #natgas pic.twitter.com/d28vw0jcka
— NatGasWeather.com (@NatGasWeather) June 9, 2024
週末的GFS失去了一些CDDs點數，儘管ECMWF增加了一些。兩者都預測輕度至中度的全國需求，預計將持續到週四，但兩者都將在6月的第3周變得非常熱，只是EC中的CDDs比GFS熱。 #natgas pic.twitter.com/d28vw0jcka
—— NatGasWeather.com (@NatGasWeather) 2024年6月9日
Monday's Stock Movers In The Energy Sector
能源板塊週一的股票推動者
Companies involved in the natural gas market outperformed oil-related stocks on Monday.
涉及天然氣市場的公司優於石油相關股票
- 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.
- 聚焦液化天然氣（LNG）項目的傳言持續了一週，接下來天然氣公司Tellurian Inc.（紐交所：TELL）飆升13.5％。
- Ring Energy Inc.（紐交所：REI）漲了3.9％
- Comstock Resources Inc.（紐交所：CRK）飆升3.8％
- Matador Resources Company（紐交所：MTD）上漲3.7％
- Antero Resources Inc.（紐交所：AR）上漲3.5％
- Obsidian Energy Ltd.（紐交所：OBE）上漲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%.
美國天然氣基金（紐交所：UNG）反映亨利貝爾天然氣價格，上漲了4.7％，而跟蹤48家天然氣公司業績的第一信託天然氣ETF（紐交所：FCG）上漲了2％。
The broader Energy Select Sector SPDR Fund (NYSE:XLE) rose 1.1%.
更廣泛的能源選擇板塊SPDR基金（紐交所：XLE）上漲了1.1％。
Read now: Exxon's Texas LNG Project Faces Major Setback As Lead Contractor Files For Bankruptcy
立即閱讀：埃克森德州液化天然氣項目面臨重大挫敗，主承包商申請破產。
Image generated using artificial intelligence via Midjourney.
這張圖片是通過Midjourney使用人工智能生成的。
譯文內容由第三人軟體翻譯。