Daily Market Report – October 29, 2020

Daily Market Report – October 29, 2020

Our storage estimate for this week is pointing to +29 Bcf, which comes from our S/D model. Both the storage/weather model and pipeline flow model do point to a higher injections this week; hence we are expecting risk to a higher number. The current Bloomberg...
Daily Market Report – October 28, 2020

Daily Market Report – October 28, 2020

Zeta has once again resulted in GoM production dropping.  The BSEE reported 1.5 Bcf/d of production shut-in as of yesterday afternoon. Today’s pipeline nomination data shows a slight higher level of shut-ins from the Gulf region.     Hurricane...
Daily Market Report – October 27, 2020

Daily Market Report – October 27, 2020

Zeta made landfall in the Yucatán Peninsula north of Tulum, Mexico, as a Category 1 hurricane Monday night, bringing heavy rains and possible storm surge to a region struck by Delta just three weeks ago. It weakened slightly to a tropical storm but is expected to...
Daily Market Report – October 26, 2020

Daily Market Report – October 26, 2020

LNG feedgas rose above 9 Bcf/d yesterday with Sabine Pass increasing its intake. Yesterday, Sabine received 4.155 Bcf/d which is close to the peak of 4.29 Bcf/d it received on Nov 2nd 2019. There is no news out of Sabine, which had flows restricted due to a fire at...
Weekend Market Report – October 25, 2020

Weekend Market Report – October 25, 2020

This week we spend some time looking at the brewing situation in Europe. Understanding the situation in Europe is critical to North American energy markets this winter and coming summer. It’s unlikely to result in cancellations, but then again no one expected...