by Research Reports | Jan 11, 2021
Natgas prices shift lower on open yesterday with the 15D forecast continuing to show warm in the back-end of Jan. The Northeast specifically showed no real threat of cooler temps. The Euro Ensemble is quite bearish with the forecast well below the 10Y normal up until...
by Research Reports | Jan 10, 2021
This week we review the latest monthly data supply and demand data from the EIA, which now completes our view of how the summer balances finished off. Last summer we saw the global impacts from COVID-19 shutdowns weigh in on consumption and prices leading to...
by Research Reports | Jan 8, 2021
The EIA reported a withdrawal of 130 Bcf from natural gas storage for the week ended Jan 1 – much steeper than the pull a year earlier but inline with market expectations. Nymex natural gas futures traded in a narrow range in the wake of the storage release....
by Research Reports | Jan 7, 2021
Today we are expecting -127 Bcf draw. The market expectations are all over the place with a range of -120 to -158. The current Bloomberg Whisper sits at -131. Here are the current ICE storage future settles as of Jan 6th. Week Ending Jan 1 is -130 Week Ending Jan 8 is...
by Research Reports | Jan 6, 2021
After a string of cooler overnight revisions, today both 00z models showed significant warming. The GFS Ensemble lost 23 HDDs vs yesterday’s 00z run, and the Euro Ensemble lost 19 HDDs. This warmer change did showing up in yesterday’s afternoon run, but the market...
