This has been one of the worst withdrawal seasons in recent history

2023-04-07

Other than oil and RBOB, pretty red week in the energy land. AECO strip is now below $2

Image

I will be extremely happy if we consolidate around this area for the remainder of 2023. $WTI Crude Oil - main 2305(CLmain)$ $E-mini Crude Oil - main 2305(QMmain)$ $Micro WTI Crude Oil - main 2305(MCLmain)$

Image

And with that, natty withdrawal season is officially over. With 23Bcf withdrawal, Nat gas in storage is 19.5% above 5yr average and 32% above last year. This has been one of the worst withdrawal seasons in recent history.

Image

On Mar 30, another disappointing withdrawal for natty. With 47Bcf withdrawal, Nat gas in storage is 21% above 5yr average and 31.3% above last year. Southcentral is ~41.5% above 5yr average. Y/Y production up ~7% -$1 handle here we come.

Image

Futures Club

Join Tiger Futures Club to know more about trading futures!

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

smee
2023-04-07
smee
[smile] [smile] [smile]
gg123gg
2023-04-07
gg123gg
thank u for sharing
Jrtong
2023-04-07
Jrtong
[Smile]
moneymaker1
2023-04-07
moneymaker1
ok
DoreamonGo
2023-04-07
DoreamonGo
Ok
DMC8
2023-04-07
DMC8
Tks

Leave a comment

{"i18n":{"language":"en_US"},"detailType":1,"isChannel":false,"data":{"magic":2,"id":9946999688,"tweetId":"9946999688","gmtCreate":1680830833944,"gmtModify":1680830846290,"author":{"id":4117178794023552,"authorId":4117178794023552,"authorIdStr":"4117178794023552","name":"GA907","avatar":"https://community-static.tradeup.com/news/b1073584ceec71a415beefdc9dbd04f0","vip":8,"userType":8,"introduction":"-","boolIsFan":false,"boolIsHead":false,"crmLevel":0,"crmLevelSwitch":0,"individualDisplayBadges":[],"starInvestorFlag":false},"themes":[{"themeId":"3532cf4850a64871bb9c3732eadc7935","categoryId":"770db9836d2348e6a2ce970784159449","name":"Futures Club","type":0,"rnLink":"https://laohu8.com/RN?name=RNTheme&page=/theme/detail&rndata={\"themeId\":3532cf4850a64871bb9c3732eadc7935}&rnconfig={\"headerBarHidden\": true}","description":"Join Tiger Futures Club to know more about trading futures!","image":"https://static.tigerbbs.com/75a8315d7e7eae7e9f81266314b5d0df"}],"images":[{"img":"https://community-static.tradeup.com/news/35f7ea260337115863cda1cf42c29bf9","width":"680","height":"429"},{"img":"https://community-static.tradeup.com/news/773f6c2edbf53ab9907f1f9bdc3bab25","width":"680","height":"411"},{"img":"https://community-static.tradeup.com/news/fd692cf2ddb29cda5a4f8efcd8006d16","width":"679","height":"390"},{"img":"https://community-static.tradeup.com/news/f4c508398dbfcd7ec2244affebc4dfdd","width":"680","height":"406"}],"coverImages":[{"img":"https://community-static.tradeup.com/news/35f7ea260337115863cda1cf42c29bf9","width":"680","height":"429"},{"img":"https://community-static.tradeup.com/news/773f6c2edbf53ab9907f1f9bdc3bab25","width":"680","height":"411"},{"img":"https://community-static.tradeup.com/news/fd692cf2ddb29cda5a4f8efcd8006d16","width":"679","height":"390"}],"title":"This has been one of the worst withdrawal seasons in recent history","html":"<html><head></head><body>Other than oil and RBOB, pretty red week in the energy land. AECO strip is now below $2<img alt=\"Image\" title=\"Image\" src=\"https://community-static.tradeup.com/news/fd692cf2ddb29cda5a4f8efcd8006d16\" tg-width=\"679\" tg-height=\"390\">ImageI will be extremely happy if we consolidate around this area for the remainder of 2023. <a data-mention-id=\"CLmain\" class=\"teditor-mention\" data-mention-name=\"WTI Crude Oil - main 2305\" href=\"https://ttm.financial/FUT/CLmain\">$WTI Crude Oil - main 2305(CLmain)$</a> <a data-mention-id=\"QMmain\" class=\"teditor-mention\" data-mention-name=\"E-mini Crude Oil - main 2305\" href=\"https://ttm.financial/FUT/QMmain\">$E-mini Crude Oil - main 2305(QMmain)$</a> <a data-mention-id=\"MCLmain\" class=\"teditor-mention\" data-mention-name=\"Micro WTI Crude Oil - main 2305\" href=\"https://ttm.financial/FUT/MCLmain\">$Micro WTI Crude Oil - main 2305(MCLmain)$</a> <img alt=\"Image\" title=\"Image\" src=\"https://community-static.tradeup.com/news/35f7ea260337115863cda1cf42c29bf9\" tg-width=\"680\" tg-height=\"429\">ImageAnd with that, natty withdrawal season is officially over. With 23Bcf withdrawal, Nat gas in storage is 19.5% above 5yr average and 32% above last year. This has been one of the worst withdrawal seasons in recent history.<img alt=\"Image\" title=\"Image\" src=\"https://community-static.tradeup.com/news/773f6c2edbf53ab9907f1f9bdc3bab25\" tg-width=\"680\" tg-height=\"411\">ImageOn Mar 30, another disappointing withdrawal for natty. With 47Bcf withdrawal, Nat gas in storage is 21% above 5yr average and 31.3% above last year. Southcentral is ~41.5% above 5yr average. Y/Y production up ~7% -$1 handle here we come.<img alt=\"Image\" title=\"Image\" src=\"https://community-static.tradeup.com/news/f4c508398dbfcd7ec2244affebc4dfdd\" tg-width=\"680\" tg-height=\"406\">Image</body></html>","htmlText":"<html><head></head><body>Other than oil and RBOB, pretty red week in the energy land. AECO strip is now below $2<img alt=\"Image\" title=\"Image\" src=\"https://community-static.tradeup.com/news/fd692cf2ddb29cda5a4f8efcd8006d16\" tg-width=\"679\" tg-height=\"390\">ImageI will be extremely happy if we consolidate around this area for the remainder of 2023. <a data-mention-id=\"CLmain\" class=\"teditor-mention\" data-mention-name=\"WTI Crude Oil - main 2305\" href=\"https://ttm.financial/FUT/CLmain\">$WTI Crude Oil - main 2305(CLmain)$</a> <a data-mention-id=\"QMmain\" class=\"teditor-mention\" data-mention-name=\"E-mini Crude Oil - main 2305\" href=\"https://ttm.financial/FUT/QMmain\">$E-mini Crude Oil - main 2305(QMmain)$</a> <a data-mention-id=\"MCLmain\" class=\"teditor-mention\" data-mention-name=\"Micro WTI Crude Oil - main 2305\" href=\"https://ttm.financial/FUT/MCLmain\">$Micro WTI Crude Oil - main 2305(MCLmain)$</a> <img alt=\"Image\" title=\"Image\" src=\"https://community-static.tradeup.com/news/35f7ea260337115863cda1cf42c29bf9\" tg-width=\"680\" tg-height=\"429\">ImageAnd with that, natty withdrawal season is officially over. With 23Bcf withdrawal, Nat gas in storage is 19.5% above 5yr average and 32% above last year. This has been one of the worst withdrawal seasons in recent history.<img alt=\"Image\" title=\"Image\" src=\"https://community-static.tradeup.com/news/773f6c2edbf53ab9907f1f9bdc3bab25\" tg-width=\"680\" tg-height=\"411\">ImageOn Mar 30, another disappointing withdrawal for natty. With 47Bcf withdrawal, Nat gas in storage is 21% above 5yr average and 31.3% above last year. Southcentral is ~41.5% above 5yr average. Y/Y production up ~7% -$1 handle here we come.<img alt=\"Image\" title=\"Image\" src=\"https://community-static.tradeup.com/news/f4c508398dbfcd7ec2244affebc4dfdd\" tg-width=\"680\" tg-height=\"406\">Image</body></html>","text":"Other than oil and RBOB, pretty red week in the energy land. AECO strip is now below $2 Image I will be extremely happy if we consolidate around this area for the remainder of 2023. $WTI Crude Oil - main 2305(CLmain)$ $E-mini Crude Oil - main 2305(QMmain)$ $Micro WTI Crude Oil - main 2305(MCLmain)$ Image And with that, natty withdrawal season is officially over. With 23Bcf withdrawal, Nat gas in storage is 19.5% above 5yr average and 32% above last year. This has been one of the worst withdrawal seasons in recent history. Image On Mar 30, another disappointing withdrawal for natty. With 47Bcf withdrawal, Nat gas in storage is 21% above 5yr average and 31.3% above last year. Southcentral is ~41.5% above 5yr average. Y/Y production up ~7% -$1 handle here we come. Image","highlighted":2,"essential":1,"paper":2,"likeSize":19,"commentSize":12,"repostSize":2,"favoriteSize":0,"link":"https://ttm.financial/post/9946999688","repostId":0,"isVote":1,"tweetType":1,"viewCount":325,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":["CLmain","MCLmain","QMmain"],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"upFlag":false,"length":643,"xxTargetLangEnum":"ORIG"},"commentList":[{"id":106235546,"gmtCreate":1680831750449,"gmtModify":1680831754453,"authorId":4124622549746392,"author":{"id":4124622549746392,"authorId":4124622549746392,"name":"smee","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","vip":1,"hat":"https://static.tigerbbs.com/b073a07f77dbe6b3bec6b12311fde6bd","crmLevel":3,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9946999688,"type":1,"supId":0,"prevId":0,"content":"[smile] [smile] [smile]","text":"[smile] [smile] [smile]","html":"[smile] [smile] [smile]","likeSize":0,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"valid","coins":0,"score":0},{"id":106235829,"gmtCreate":1680832879602,"gmtModify":1680832883184,"authorId":4088378716140630,"author":{"id":4088378716140630,"authorId":4088378716140630,"name":"gg123gg","avatar":"https://community-static.tradeup.com/news/5a0f75a6bc386ca911f80340ed0a49f1","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9946999688,"type":1,"supId":0,"prevId":0,"content":"thank u for sharing","text":"thank u for sharing","html":"thank u for sharing","likeSize":0,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"valid","coins":0,"score":0},{"id":106235832,"gmtCreate":1680832883978,"gmtModify":1680832890262,"authorId":3572504072220217,"author":{"id":3572504072220217,"authorId":3572504072220217,"name":"Jrtong","avatar":"https://static.tigerbbs.com/b8d15149d1f7947c76019bef4c435603","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9946999688,"type":1,"supId":0,"prevId":0,"content":"[Smile]","text":"[Smile]","html":"[Smile]","likeSize":0,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"invalid","coins":0,"score":0},{"id":106235803,"gmtCreate":1680832862005,"gmtModify":1680832865411,"authorId":3579776933147795,"author":{"id":3579776933147795,"authorId":3579776933147795,"name":"moneymaker1","avatar":"https://static.tigerbbs.com/41f8d20b96172e32c5470b98d70479a4","vip":1,"hat":"https://static.tigerbbs.com/f84d87792f02cf78e80ee34979fd31e5","crmLevel":5,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9946999688,"type":1,"supId":0,"prevId":0,"content":"ok","text":"ok","html":"ok","likeSize":0,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"invalid","coins":0,"score":0},{"id":106235592,"gmtCreate":1680831813641,"gmtModify":1680831820273,"authorId":3582861990340625,"author":{"id":3582861990340625,"authorId":3582861990340625,"name":"DoreamonGo","avatar":"https://static.tigerbbs.com/c9d4f385b944dff84d0471865dd8be34","vip":1,"crmLevel":5,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9946999688,"type":1,"supId":0,"prevId":0,"content":"Ok","text":"Ok","html":"Ok","likeSize":0,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"invalid","coins":0,"score":0},{"id":106235593,"gmtCreate":1680831814110,"gmtModify":1680831817555,"authorId":3579992296424941,"author":{"id":3579992296424941,"authorId":3579992296424941,"name":"DMC8","avatar":"https://static.tigerbbs.com/65aa8f5f6299558ce2ab36482793f750","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9946999688,"type":1,"supId":0,"prevId":0,"content":"Tks ","text":"Tks ","html":"Tks ","likeSize":0,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"invalid","coins":0,"score":0}],"isCommentEnd":false,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/9946999688"}