Daily Market Report – May 17, 2021

Daily Market Report – May 17, 2021

The natural gas markets opened much higher yesterday given the weather changes over the weekend. Both the GFS Ensemble and Euro Ensemble indicated more heat through the 15 day outlook relative to Friday’s 12Z. The Euro Ensemble showed the larger change with the bulk...
Weekend Market Report – May 16, 2021

Weekend Market Report – May 16, 2021

This weekend’s commentary comes from Brian Lovern at Bespoke Weather. Each month Brian Lovern will provide us with the latest medium-term outlook to provide more depth to our season outlook. If you have more questions, please contact Brian @...
Daily Market Report – May 14, 2021

Daily Market Report – May 14, 2021

Yesterday the EIA reported a +71 Bcf storage injection for the week ending May 7th, with implied flows of +75 Bcf due to a reclass of last week’s non-salt number. The reclassification of 4 Bcf of working gas to base gas resulted in the decrease in the non-salt...
Daily Market Report – May 13, 2021

Daily Market Report – May 13, 2021

For today’s storage report our final projection is +82 Bcf (both S/D model and our pipe scrape model show a +82 Bcf injection) The current Bloomberg survey is +75 and Bloomberg whisper is +76 (the whisper is the average of the 17 top analysts)....
Daily Market Report – May 12, 2021

Daily Market Report – May 12, 2021

Mexican exports are once again picking up with the summer heat. On April 14th, total exports via pipe hit a record of 7.7 Bcf/d. Flows did drop off after that episode.   Today the nomination data suggests 7.2 Bcf/d will be exported. The rise the past couple of...