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Natural Gas Futures - Jun 24 (MNGc1)

MCX
Currency in INR
Disclaimer
245.20
+11.20(+4.79%)
Closed

Natural Gas Futures Discussions

How far in the hole are you Ghrist Wiki. It must be a huge amount to get this desperate.
We have a new spammer Ghrist Wiki that does not know ash from Shinola.
Wiki, you need to give it up. Nobody listens to you Mate.
AGDC has signed an agreement with a unit of Pantheon Resources plc to supply gas at $1/mmBtu or less, to an Alaska liquefied gas export facility and is now beginning construction of an 800-mile pipeline into the US.
Great, the pipeline requires approval from Biden. I was in Alaska during the installation of the last pipeline and it took six years for completion. GOOD TRY!
New LNG facilities are not currently being approved by Biden.
Never listen to Goldman Sachs. They say not much more price increase, while they buy. I never pay attention to them or a lot of them for same reason
What they said is true…because in May, price retreated from 2.9 level to 2.5 level……in June it is yet to happen
DAILY PRICES Updated Jun 8, 2024, Trunkline Zone 1A = -0,185, Ventura = -0,19, W. TX/SE NM Regional Avg. = -0,345, Waha = -0,4, Alliance ATR = -0,25, Chicago-Peoples = -0,195, Defiance = -0,22, El Paso = -0,47, Lebanon = -0,26, Millennium EP = -0,22.
So what are you trying to say. That the futures are better than the current. Guess what, you ARE BUYING FUTURES!
Henry Hub Cash Price again beaten after 22nd May price $ 2.812 then after immediately corrected to $ 2.517 in two days 24th May. Weekend close of $ 2.917 hope to be rule reversal from next week hope so.....but Monday Green opening can't ruled out. $ 3.03 crucial observation next week.
Its not about hope…any proof?
Louisiana are 80% full, and there is a daily surplus of 14 billion cubic feet in day, temperatures are slightly elevated in only 1/8 of the US, but others save a lot, consumption is the lowest, then wy is stupid price for Futures?
One WORD! HUMIDITY!
Lmao. You're not the brightest.
What are you, a BUTCH?
Natural gas well-head pressures are directly related to production. As far as I am aware, I am the only person on this site that has this field access in Oklahoma and Texas. This data is not in any model you provide.
if in all regions of the USA the price fell again yesterday, in some places it fell by half a dollar, and now the average price in the USA is more than 2 times cheaper than the price of Henry's futures, while we see that in Louisiana there are only 4.5 million people , this is very little.
You can thank me in the future. Set your buys at 2.78. 2.8 and 2.84. Three targets to TP at 3.2. Have fun and good luck.
I will only. re-open my wells at $7.00. No worries here. I might even sell some mineral rights at $10.00.
i think next main resistance will be 3.4
This is shaping up to be an upward parabolic exponential rise with short squeeze, where $4.00+ is not out of the question. Even $5.00 is probable in two months with the climate this summer.
At current future price, producers is starting to plan for production increase to maximise profit and collect year end bonus. You would have done the same thing because there is no OPEC to control supply.
3 is the price for supply and demand to stay balance in current context. Maybe 3.4 if you account for the inflation. Any spole above this price is not sustainable.
To increase profit and pay dividends, producers will cut back on drilling and capital costs. Production increases would take far beyond 2024.
Johnny_B, Peppy, Robert_W and German_N, I believe there is a good three weeks ahead and then more! 3.7 and beyond.
aiaiaiaajjiii Captain! let's do it ...
Im with you, guys.
I hope so. would be great.
i think this channel is valid, you have also W pattern inside that channel, that we close above neck line, from this small pattern measure move will be to ~3.19... not to mention this massive cup... or pennant that both suggest around 3.7 in the coming future ....
lets gooo
ng buliish not go sell side rich 3.100 to 3.200 with tight sl
next week or two?
what is Phil saying now ?
I dont know, I dont listen to him any more, his voice and the speed he talks is so annoying.
lol
I hate to admit this price, but we have to follow the market price. If you are stressed, like me, I recommend day training. Although it is a small percentage, I am satisfied with 1-2% per day
a little above the norm T* this is 1/8 of the US territory, the rest territory are a little warm, from +12*C.
Short now . And buy low for long
I am short 2.850
John sir please 2.000 when coming
April 2025
Lower than eversge consumption till next midweek could help retracement !! Buy the drop and keep !!
Monday whare open sir
John always send something like copy n paste stuff....move over he doesn't like counter questions
lol
Today's projected +13 BCF injection is 2 BCF greater than yesterday's 11 BCF build. It is 1 BCF bearish compared to last year's +12 BCF build and 1 BCF bearish versus the 5-year average 12 BCF/day build.
0-989-3-53-08-13 get accurate information & levels send hi
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