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Other elements on the site are updated on a minute-to-minute basis, providing Realtime data.
These include:
--> Wind Generation & Natural Gas Demand Displacement ***NEW!***
--> Intraday Temperature Data
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--> Oil & Natural Gas Quotes & Fair Price Data
--> Powerburn Demand
--> Celsius Energy Portfolio Holdings (Subscribers)
...Among others.
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Support Celsius Energy & Access Premium Features!
As Celsius Energy continues to grow, costs and the time commitment to keep the site maintained build rapidly. For this reason, I am offering premium features for a small monthly fee to help support the site. These include:
-Daily Commentaries, a 1000-1500 word 5x per week discussion of natural gas fundamentals, trading outlook and strategies
-Advanced weather modeling data
-Access to Celsius Energy's oil & natural gas portfolio.
-Daily natural gas supply & demand data
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Tuesday Daily Commentary For Subscribers
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Natural Gas Plunges On Monday As Higher Production & Mild Temperature Outlook Punish Overextended Commodity After Last Week’s Surprising Rally; November Contract To Expire At The Close; Gas Demand To Fall Today As Exceptional Late Season Warmth Expands Across The Northern Tier; Realtime Inventories Projected To Top 3900 BCF This Morning While Surplus Versus The 5-Year Averages Climbs Back To +200 BCF
Tuesday, October 29, 2024 This Daily Commentary is available to current Premium Membership Subscribers. Subscribers gain access to these 1500-3000 word commentaries 5 times per week as well as access to my realtime Oil & Natural Gas Portfolio. To learn more about subscribing and helping to support the site, please click HERE. After a surprising 13% rally last week, natural gas gave up the majority of these in a single, brutal session on Monday. The thinly-traded front-month November 2024 contract plunged 25 cents or -9.8% to settle at $2.31/MMBTU, a 1-week low. The more active December contract—which will become the front-month starting tomorrow—slumped -7.4% to $2.86/MMBTU. Even the later Winter and Spring contracts were broadly down 3%-5%. As a result, natural gas ETFs were punished to the tune of -7.7% for 1x UNG (which holds December contracts) and -13.1% for 2x BOIL (which holds January contracts).
First and foremost, a very mild near-term temperature outlook continues to weigh on sentiment. Over the weekend, this forecast was little changed with temperatures, at best, turning more seasonable only by the second or third week of November. As shown in the Figure to the right, NOAA continues to forecast broadly above-average temperatures across the Lower 48 for the second week of November, but es...
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Disclaimer: Natural Gas & Oil Storage Projections, Intraday Natural Gas Stats, Renewable Energy Stats, Morning Reports, and fundamental pricing models are released by Celsius Energy as experimental products. While they are intended to provide accurate, up-to-date data, they should not be used alone in making investment decisions, or decisions of any kind. Celsius Energy does not make an express or implied warranty of any kind regarding the data information including, without limitation, any warranty of merchantability or fitness for a particular purpose or use. See full Privacy Policy HERE.