Weekend Market Report – August 30, 2020

Weekend Market Report – August 30, 2020

It’s been quite a week. On Monday the Midwest experienced one of the hottest days of the year, while heat continued across many other parts of the country. Overall, the week ending August 27 showed record-high PWCDDs. The main weather event was the two hurricanes in...
Daily Market Report – August 28, 2020

Daily Market Report – August 28, 2020

Yesterday, the EIA  reported a 45 Bcf injection into natural gas storage inventories for the week ending Aug 21, a figure that was right in line with consensus but below the year-ago and five-year average builds. Next week’s report is expected to have a wide...
Daily Market Report – August 27, 2020

Daily Market Report – August 27, 2020

Today the EIA will report natgas storage inventories for Aug 21st. We’re expected a 48 Bcf injection. The market consensus is 45. Last week, balances were looser with lighter power burns being the biggest moving part.   Hurricane Laura came ashore near Cameron,...
Daily Market Report – August 26, 2020

Daily Market Report – August 26, 2020

Hurricane Laura is expected to reach the Texas-Louisiana border as a major hurricane and is expected to intensify into a category 4 storm by Wednesday afternoon.   A storm surge warning is in effect from Freeport, Texas, to the mouth of the Mississippi River in...