Weekend Market Report – Feb 20, 2022

Weekend Market Report – Feb 20, 2022

Although most vendors are sticking to an outlook for March related to the La Nina features, there are cool and warm signals.   Here is one point of view tweeted out by CWG on Friday. “Moderate -EPO and moderate-strong +AO combined are usually colder...
Daily Market Report – Feb 18, 2022

Daily Market Report – Feb 18, 2022

The EIA reported a -190 Bcf withdrawal for the week ending Feb 11th, which came in on the low end of the estimates range. After a warm start to winter, the new year has brought plenty of cool weather over key consumption and production regions. As a result, we have...
Daily Market Report – Feb 17, 2022

Daily Market Report – Feb 17, 2022

For today’s storage report our final projection is -196 Bcf (S/D -192, Flow -200). The last 2 week, the EIA report came more in line with our flow model, and therefore today we take an average of our two models as our final number. The current Bloomberg survey...
Daily Market Report – Feb 16, 2022

Daily Market Report – Feb 16, 2022

The natgas markets are on the move higher again with the cooler weather returns in the forecast. The March contract is ~30c higher this morning with both the GFS Ensemble (+23 GWHDDs) and the Euro Ensemble (+20 GWHDDs) verifying cold in the last week of...
Daily Market Report – Feb 15, 2022

Daily Market Report – Feb 15, 2022

The weather run volatility continues today with the GFS Ensemble gaining on the backend of the forecast relative to the 24H ago. This latest forecast now fully aligns the forecast during the first half of the 15 day outlook, and also take both forecast above the 10Y...