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...
Daily Market Report – September 23, 2020

Daily Market Report – September 23, 2020

We are expecting a 79 Bcf injection for tomorrow’s storage report for week ending September 18th. Last week’s number was well above our expectation; hence this week’s estimate was moved higher to account for the big error from last week. US natural gas dry production...
Daily Market Report – September 22, 2020

Daily Market Report – September 22, 2020

The front month took a dive yesterday on concerns that demand will be impacted from TS Beta and storage is nearing capacity. Yesterday, the October contract fell 0.235 to 1.835 while the winter strip was higher on concerns of not having adequate supply.    ...
Weekend Market Report – September 20, 2020

Weekend Market Report – September 20, 2020

Natural gas prices were wild, to say the least, this week, and adding to the volatility was the reported wild storage injection of +89 Bcf for the week ending September 11th. The fear of storage hit capacity sent Oct prices drastically lower, while the winter...