GREY:BNPUF - Post by User
Comment by
George98on Nov 14, 2019 4:28am
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Post# 30348732
RE:Unhedged production, Edmonton pricing and AECO
RE:Unhedged production, Edmonton pricing and AECO I think BNP, YGR and a few others in this category will sooner or later react to the positive circumstances. Still haven't, despite AECO has almost tripled in Q4 and NG storage reports from Canada and U.S. are bullish:
"The US Energy Information Administration is expected to report a 7 Bcf injection for the week ended November 8, well below the five-year average as the season prepares to flip to withdrawals, according to a survey of analysts by S&P Global Platts. A 7 Bcf injection would be less than the 42 Bcf added in the corresponding week last year, as well as the five-year average of 30 Bcf."