Executives from oil and fuel companies have revealed the place they count on the Henry Hub pure fuel value to be at varied factors sooner or later within the third quarter Dallas Fed Power Survey, which was launched just lately.
The survey requested contributors what they count on Henry Hub pure fuel costs to be in six months, one 12 months, two years, and 5 years. Executives from 121 oil and fuel companies answered this query and gave a imply response of $3.35 per million British thermal models (MMBtu) for the six month mark, $3.53 per MMBtu for the one 12 months mark, $3.94 per MMBtu for the 2 12 months mark, and $4.50 per MMBtu for the 5 12 months mark, the survey confirmed.
Executives from 116 oil and fuel companies answered this query within the second quarter Dallas Fed Power Survey and gave a imply response of $3.66 per million British thermal models (MMBtu) for the six month mark, $3.81 per MMBtu for the one 12 months mark, $4.12 per MMBtu for the 2 12 months mark, and $4.50 per MMBtu for the 5 12 months mark, that survey confirmed.
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Within the first quarter Dallas Fed Power Survey, executives from 117 oil and fuel companies answered this query and gave a imply response of $3.71 per MMBtu for the six month mark, $3.98 per MMBtu for the 12 months mark, $4.30 per MMBtu for the 2 12 months mark, and $4.83 per MMBtu for the 5 12 months mark, that survey confirmed.
The third quarter Dallas Fed Power Survey additionally requested contributors what they count on the Henry Hub value to be on the finish of this 12 months. Executives from 133 oil and fuel companies answered this query and gave a median response of $3.30 per MMBtu, the survey highlighted. The low forecast was $2.20 per MMBtu, the excessive forecast was $4.75 per MMBtu, and the typical Henry Hub pure fuel day by day spot value through the survey was $2.99 per MMBtu, the survey identified.
Executives from 133 oil and fuel companies answered this query within the second quarter Dallas Fed Power Survey and gave a median response of $3.66 per MMBtu, that survey highlighted. The low forecast was $1.75 per MMBtu, the excessive forecast was $5 per MMBtu, and the typical Henry Hub pure fuel day by day spot value through the survey was $3.30 per MMBtu, that survey revealed.
Executives from 127 oil and fuel companies answered this query within the first quarter Dallas Fed Power Survey and gave a median response of $3.78 per MMBtu, that survey confirmed. The low forecast got here in at $2 per MMBtu, the excessive forecast was $5.25 per MMBtu, and the typical Henry Hub pure fuel day by day spot value through the survey was $4.10 per MMBtu, that survey highlighted.
An EBW Analytics Group report despatched to Rigzone by the EBW workforce on Thursday highlighted that the November pure fuel contract closed at $3.476 per MMBtu on Wednesday. This determine was up 17.3 cents, or 5.2 %, from Tuesday’s shut, the report outlined.
In a report despatched to Rigzone by the Normal Chartered workforce on October 1, Normal Chartered projected that the close by future NYMEX foundation Henry Hub U.S. pure fuel value will common $3.35 per MMBtu in 2025, $3.30 per MMBtu in 2026, and $2.90 per MMBtu in 2027. In that report, Normal Chartered forecast that the commodity will common $3.20 per MMBtu within the fourth quarter of this 12 months, $3.20 per MMBtu within the first quarter of 2026, $3.70 per MMBtu within the second quarter, $3.50 per MMBtu within the third quarter, and $2.80 per MMBtu within the fourth quarter.
In a BMI report despatched to Rigzone by the Fitch Group on October 3, BMI projected that the entrance month pure fuel Henry Hub value will common $3.50 per MMBtu in 2025 and $3.80 per MMBtu in 2026.
To contact the creator, e mail andreas.exarheas@rigzone.com
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