Daily Market Report – Oct 08, 2021

Daily Market Report – Oct 08, 2021

Today’s Fundamentals Daily US natural gas production is estimated to be  93.5 Bcf/d this morning. Today’s estimated production is +1.11 Bcf/d to yesterday, and +0.69 Bcf/d to the 7D average. Natural gas consumption is modelled to be 69.1 Bcf...
Daily Market Report – Oct 07, 2021

Daily Market Report – Oct 07, 2021

For today’s storage report our final projection is +117 Bcf  (S/D @ +117, Scrape @ +79). The current Bloomberg survey is +108 and Bloomberg whisper is currently at +113 (the whisper is the average of the 17 top analysts). Here are the...
Daily Market Report – Oct 06, 2021

Daily Market Report – Oct 06, 2021

  Today’s Fundamentals Daily US natural gas production is estimated to be  92.7 Bcf/d this morning. Today’s estimated production is -0.03 Bcf/d to yesterday, and -0.29 Bcf/d to the 7D average. Natural gas consumption is modelled to be 69 Bcf...
Daily Market Report – Oct 05, 2021

Daily Market Report – Oct 05, 2021

TTF moved even higher in today’s trading day to 111 euros/MWhr or $38/MMBtu (or $215 oil). Along with natgas, Rotterdam #coal is also up +56% from late last week.   Here is the terms   Today’s Fundamentals Daily US natural gas production is estimated to...
Daily Market Report – Oct 04, 2021

Daily Market Report – Oct 04, 2021

The weather runs over the weekend were mixed with the GFS Ensemble adding 4.6 TDDs, and the Euro Ensemble taking away 2.0 TDDs over the next 15 days. With the change, the two models are now more aligned showing a forecast below the 10Y normal level.   Also...