Daily Market Report – July 20, 2020

Daily Market Report – July 20, 2020

Natural gas deliveries to LNG facilities are nominated to be higher for today’s gas day. Total deliveries are set to be just under 4 Bcf/d with Sabine jumping the most. The average delivery to Sabine so far this month has been 1.15 Bcf/d, with today coming in at 1.52...
Weekend Market Report – July 19, 2020

Weekend Market Report – July 19, 2020

Fundamentals for week ending July 17: Our early view for the upcoming storage report is a +40 Bcf injection for the lower 48. This would take storage levels to 3281 Bcf   US natural gas dry production remained flat week on week with domestic production...
Weekend Market Report – July 12, 2020

Weekend Market Report – July 12, 2020

Natural gas exports to Mexico are critical to keep supply and demand balanced in the US. Over the past 5 years, we have seen exports increase substantially as new pipelines allow cheap US nat gas to flow to growing Mexican markets.   This June total exports...
Daily Market Report – July 10, 2020

Daily Market Report – July 10, 2020

U.S. production has continues to stay lower after the TCO outage earlier this week. TCO has indicated the forced majeure will continue atleast through to July 13th.   Latest Notice from July 7th “TCO currently expects the Force Majeure will continue at least...
Daily Market Report – July 9, 2020

Daily Market Report – July 9, 2020

For this today’s report, which covers week ending July 3rd, our storage estimate is a 57 Bcf injection. The S/D balances were tighter week-on-week with increased power burns leading to a slower injection rate. We could expect some upside risk to our forecast with last...