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The EIA reported that US working gas in storage rose by 106 bcf for the week ending June 5. Despite being smaller than expected, the injection was still well above the build for this period last year and the 5 year average. Total gas in storage is at 2.443 Tcf which is 568 Bcf (30%) above last year, and 438 Bcf (22%) above the 5 year average.
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Aeco (Cdn$/GJ)
|
Nymex(U.S.$/mmbtu)
|
| |
June 16
|
June 12
|
Change
|
June 16
|
June 12
|
Change
|
|
Jul09-Oct09
|
$3.92
|
$3.51
|
11%
|
$4.39
|
$4.24
|
3.5%
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| Nov09-Oct10 |
$5.93
|
$5.67
|
4.5%
|
$6.18
|
$6.16
|
0.3%
|
| Nov10-Oct11 |
$6.97
|
$6.66
|
4.6%
|
$7.15
|
$7.15
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-0.1%
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| Nymex Prompt Prices |
June 16
|
June 12
|
Change
|
|
Natural Gas (U.S. per mmbtu)
|
$4.129
|
$3.933
|
5.0%
|
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Crude Oil WTI (U.S. per barrel)
|
$70.47
|
$72.68
|
-3.0%
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| Currency |
June 16
|
June 12
|
Change
|
| USD/CAD |
$0.880
|
$0.909
|
-3.2%
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The number of active gas rigs in the US declined last week to 685, down from 700 the previous week. Despite the total amount of rigs decreasing, the number of active horizontal rigs actually ......The full Market Watch is available to ECNG Customers to contact one of our specialists, call 1-888-989-1501 or email info@ecng.com
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