Daily Market Report – Jan 18, 2022

Daily Market Report – Jan 18, 2022

Today’s Fundamentals Daily US natural gas production is estimated to be  94.8 Bcf/d this morning. Today’s estimated production is +0.68 Bcf/d to yesterday, and -0.43 Bcf/d to the 7D average. Production has struggled with the start of this year with...
Weekend Market Report – Jan 16, 2022

Weekend Market Report – Jan 16, 2022

U.S. natural gas futures have had a volatile start to the year with frigid weather strengthening heating demand and traders rushing to unwind bearish bets. February futures had wild rollercoaster ride this week. Weather is in full control at the moment. The daily...
Daily Market Report – Jan 14, 2022

Daily Market Report – Jan 14, 2022

The EIA reported a -179 Bcf withdrawal for the week ending Jan 7th, which was mostly inline with analyst estimates. The biggest moving piece in the report for week was a drop in production (-3.2 Bcf/d WoW) natural gas consumption (+18.6 WoW). That makes sense...

Daily Market Report – Jan 13, 2022

For today’s storage report our final projection is -174 Bcf (S/D -174, Flow -177) The current Bloomberg survey is -178 and Bloomberg whisper is currently at -179 (the whisper is the average of the 17 top analysts). Here are the current ICE storage future settles...
Daily Market Report – Jan 12, 2022

Daily Market Report – Jan 12, 2022

Today’s Fundamentals Daily US natural gas production is estimated to be 94.8 Bcf/d this morning. Today’s estimated production is -0.47 Bcf/d to yesterday, and -0.47 Bcf/d to the 7D average. Bloomberg updated their production estimates higher for the last week –...