Daily Market Report – Feb 10, 2022

Daily Market Report – Feb 10, 2022

For today’s storage report our final projection is -227 Bcf (S/D -236, Flow -218). Last 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 is -222...
Daily Market Report – Feb 09, 2022

Daily Market Report – Feb 09, 2022

Weather models continue to jump around. Today we see some day-on-day stability out of the GFS Ensemble, but a big warming trend in the Euro Ensemble. The Euro Ensemble lost a total of 12+ GWHDDs over the next 15 days, with most of that come off in the 2nd week....
Daily Market Report – Feb 08, 2022

Daily Market Report – Feb 08, 2022

With no extreme weather coming in the short-term, we see prices tumble as production quickly recovers and demand drops. Along with the drop in demand we see LNG delivery volumes dropping to 11.5 Bcf/d today. This likely a short-term drop out of Sabine and Freeport....
Daily Market Report – Feb 07, 2022

Daily Market Report – Feb 07, 2022

Weather took a bearish shift during Friday’s 12z run. The weekend runs stayed on course with the two major models showing some alignment. Below is the daily change from Friday’s 12z to today’s 00z run. The GFS Ensemble lost close to 5 GWHDDs overall, while the Euro...
Weekend Market Report – Feb 06, 2022

Weekend Market Report – Feb 06, 2022

Natural gas futures have been extremely volatile this past week. Weather outlooks have been driving the conversation throughout these price moves. Not only did the March contract make some violent moves this past week, but the entire curve out to Winter 22/23 made...