An unconfirmed tweet about Freeport LNG is upending gas markets
1–10 of 175 posts
Re: An unconfirmed tweet about Freeport LNG is upending gas markets
#2No post body was provided.
Re: An unconfirmed tweet about Freeport LNG is upending gas markets
#3Commodity traders and investors are very networked and really like such immediate usage news. Many firms also count trucks/traffic near sites etc. so it isn't surprising to see people respond to this.
However, the causation is unclear to me. European gas stocks are at full capacity as is and this Winter is warm with minimal gas burned so far. A 7% drop is par for course in the last few weeks. An extra piece of bad news wouldn't necessarily lead to this - though it could perhaps amplify it to some extent.
You'd have to compare message posting time, look at the views/readership of that tweet etc. That said, this is relatively straight forward and included in many sentiment analysis engines.
Re: An unconfirmed tweet about Freeport LNG is upending gas markets
#4No post body was provided.
Re: An unconfirmed tweet about Freeport LNG is upending gas markets
#5Quoted post unavailable.
the account in question wasn't verified fwiw and only has 485 followers. they've deleted all their tweets talking about freeport. definitely agreed on their motives though.
Re: An unconfirmed tweet about Freeport LNG is upending gas markets
#6Quoted post unavailable.
This is a "hot take", unsubstantiated, and incorrect.
Do better.
Re: An unconfirmed tweet about Freeport LNG is upending gas markets
#7Can someone explain why the rumor of cracked pipes and delayed restart of a terminal would cause the futures price to go down?
I would think that news of a supply constraint would cause the price to go up.
TIA
Re: An unconfirmed tweet about Freeport LNG is upending gas markets
#8Quoted post unavailable.
whut?