Daily Market Report – Nov 11, 2021

Daily Market Report – Nov 11, 2021

Yesterday the EIA reported a +7 Bcf injection which was inline with the market consensus going into the number. This combination of cooling temps and low wind, solar & nukes led to strong demand during the reporting week and the single digit injection. The...

Daily Market Report – Nov 10, 2021

The EIA natural gas storage number will be released today with tomorrow being Veteran’s Day. For today’s storage report our final projection is +5 Bcf  (this week we take the average of S/D @ +5 & Scrape @ +3) The current Bloomberg survey...
Daily Market Report – Nov 09, 2021

Daily Market Report – Nov 09, 2021

Production continues to show strength this week with levels over the weekend reaching almost 97 Bcf/d. That last time we saw these levels was Q4 2019. The peak daily production level we have on record is for Nov 29, 2019 when production reached 97.7 Bcf/d. We should...
Daily Market Report – Nov 09, 2021

Daily Market Report – Nov 09, 2021

Production continues to show strength this week with levels over the weekend reaching almost 97 Bcf/d. That last time we saw these levels was Q4 2019. The peak daily production level we have on record is for Nov 29, 2019 when production reached 97.7 Bcf/d. We should...
Daily Market Report – Nov 08, 2021

Daily Market Report – Nov 08, 2021

LNG feed gas demand was able to post a strong recovery over this weekend with Freeport LNG partially wrapped up maintenance work. Total delivered volumes jumped to 11.32 Bcf/d today after hitting 11.62 Bcf/d yesterday. Sabine Pass has also been consistently receiving...