Daily Market Report – September 29, 2020

Daily Market Report – September 29, 2020

US natural gas production started improving the past couple of day. Yesterday’s finals noms now have production restated higher to almost 87 Bcf/d. Most the uptick came from production resuming in the South Central. Today we see the Northeast production jump 0.7 Bcf/d...
Daily Market Report – September 28, 2020

Daily Market Report – September 28, 2020

Cameron LNG showed some signs of life yesterday with a small amount of feedgas arriving at the terminal – 12 mmcf/d. The same was nominated for today. This could be a sign that the terminal is starting up soon.   LNG deliveries fell overall today from the weeked...
Weekend Market Report – September 27, 2020

Weekend Market Report – September 27, 2020

This was quite the week for price volatility. The market’s mood shifted to the bullish side ahead of option expiry on Friday, and the Oct contact settlement tomorrow. Trading volume has already moved to the winter strip last week, and with the dropping...
Daily Market Report – September 25, 2020

Daily Market Report – September 25, 2020

The EIA reported an injection of 65 Bcf natural gas storage for the week ending Sept. 18. The prompt month prices momentarily jumped higher with the tighter than expected number. In our opinion, this number offset the higher than expected 89 Bcf injection the previous...

Daily Market Report – September 24, 2020

The October contract jumped 29.1 cents day on day and settled at $2.125/MMBtu yesterday. The prompt month had dropped more than 20 cents over the two previous trading sessions. November also bounced back Wednesday from a substantial drop the prior day and gained 19.7...