September 13th, 2022 – Market Update

Welcome back everyone. Prices continued to trade at yesterday’s levels today, ranging between US$8.155/MMBtu and $8.456. The October prompt month contract ended the day up $0.035 at $8.284. Not much has changed fundamentally, hence no major moves. Temperatures have been shifting cooler than warmer back and forth, and while hurricane season has finally begun, no …

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September 12th, 2022 – Market Update

Today marked a rally day as the prompt month October NYMEX contract climbed US$0.253/MMBtu from Friday to settle at $8.249. The move upwards was driven by the return of LNG feedgas demand from the Corpus Christi facility as well as some overseas concerns once again in Europe. ~CL

September 7, 2022 – Market Update

Markets continued their slide all day with news of cooler temperatures and supply remaining strong. These price drops are great opportunities to layer in supply transactions on an ongoing basis. Some traders beleive we could see more downside tomorrow moring as the market awaits strucutre on the European price caps the EU are currently proposing. …

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September 2, 2022 – Market Update

Prompt month markets were down 0.61USD/Mmbtu at end of the trading day. Prices are down all through the winter of 2022/2023 due to a number of factors. Europe could be able to sustain itself with based on the current inventory, although that could change when we are actually experience winter. Secondly, North American markets are …

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August 31st, 2022 – Market Update

Markets were somewhat unchanged increasing slightly from yesterdays settlement. Maintenance continues to remain active in the West and Europe at this point of the year. Pundit believe we could still be in a bull market later this winter. (RS)

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