Weekend Market Report – May 23, 2021

Weekend Market Report – May 23, 2021

This week we take a look at the rise in global natural gas prices. TTF and NBP prices for the prompt month continued to move higher in an attempt to pull LNG to their ports. Based on the current forward curve, the Asian markets still commands a premium for natural gas...
Daily Market Report – May 21, 2021

Daily Market Report – May 21, 2021

Yesterday the EIA reported a +71 Bcf storage injection for the week ending May 14th. The number came in higher than market consensus point to a balances not as tight as seen this summer so far. The summer started off with daily balances being 6-7 Bcf/d tighter YoY...
Daily Market Report – May 20, 2021

Daily Market Report – May 20, 2021

For today’s storage report our final projection is +58 Bcf (There is some upside risk to our estimate this week wit the pipe scrape model show a +73 Bcf injection) The current Bloomberg survey is +59 and Bloomberg whisper is +65 (the whisper is...
Daily Market Report – May 19, 2021

Daily Market Report – May 19, 2021

  As we noted yesterday, weather continues to bounce around. In today’s 00z run, both the GFS Ensemble and Euro Ensemble are once again trending cooler. The move helps offset all the heat that showed up in the forecast over the weekend. The natural gas prompt...
Daily Market Report – May 18, 2021

Daily Market Report – May 18, 2021

Weather continues to bounce around. In today’s 00z run, both the GFS Ensemble and Euro Ensemble gave back some of the expected heat in the 1-5 days range. The GFS Ensemble continues to heat up in the 6-10, and overall is trending warmer than the Euro Ensemble.  ...