Daily Market Report – Oct 27, 2021

Daily Market Report – Oct 27, 2021

Strong winds are expected to continue today after a nor’easter’s heavy rains flooded some areas in the Northeast. Over 500,000 customers lost without electricity Wednesday morning in Massachusetts, Maine, Rhode Island, and New Hampshire, according to...
Daily Market Report – Oct 26, 2021

Daily Market Report – Oct 26, 2021

This morning’s 00z run showed lower TDDs than yesterday’s 12z run which looks to have taken some pressure off the market. The GFS Ensemble lost a total of 6.6 TDDs, while the Euro Ensemble lost 7.6 TDDs. The big move in price yesterday was related to a weather change...
Daily Market Report – Oct 25, 2021

Daily Market Report – Oct 25, 2021

Natgas prices opened the weekend higher with weather shifted cooler. The Euro Ensemble now shows HDDs higher than the 10Y normal to start the month of November.     Today’s Fundamentals Daily US natural gas production is estimated to be  92.5 Bcf/d this...
Weekend Market Report – Oct 24, 2021

Weekend Market Report – Oct 24, 2021

This week we take a look at the state of Europe and US LNG exports for this upcoming winter. Higher demand from Asia and South America has drawn away LNG from hitting the European shores leaving storage levels at subpar levels. As of Oct 21st, European storage levels...

Daily Market Report – Oct 22, 2021

Today’s Fundamentals Daily US natural gas production is estimated to be  91.3 Bcf/d this morning. Today’s estimated production is -0.54 Bcf/d to yesterday, and -0.96 Bcf/d to the 7D average. Natural gas consumption is modelled to be 71.1 Bcf today, ...