Global Macro Perspectives
Working gas in storage fell 166 Bcf from the previous week. Natural gas futures are stuck with resistance despite natural gas stock figures were affirmative for the commodity price. Chart 1. Natural Gas Futures Chart 2. Working Gas in Underground Storage Compared with 5-year Range
Tainted Alpha is back after Christmas, first, I’ll update the weeklies. I hope you’ve all had a nice Christmas! Crude oil stocks fell 4.8 million barrels for week ending 18 December; Gasoline stocks decreased 0.8 million barrels; Distillate stocks fell 3 million barrels; Propane/propylene stocks fell 3.4 million barrels; Other oils were down 3.4 million […]