@tchico13 Etant donne la vague de chaleur et la courbe de consommation anticipรฉe, la tendance devrait etre long pour les prochaines 24 a 48 prochaines heures, ensuite va s'estomper pour prise de profits .
#natgas#ongt
It might be early, but this is usually where I start leaning bearish in natgas. With storage at 6% above average, 2 weeks from now, the markets will start pricing August seasonality flips. Next thing you know you're stuck with bullish postions that never recover.
Look at the chartโChinaโs crude import collapse this year is nothing short of dramatic.
It's actually worse than the period when China was suffering under Zero-COVID and Shanghai was locked down.
This is also a clear testament to their brilliant strategic foresight in aggressively stockpiling their SPR last year. The Chinese are incredibly sharp.
#oott #iran