December 19th, 2022 – Market Update

Markets were by 11 % in January 2023 as traders are starting to feel nervous about the balance of winter. Storage withdraws have been moderate and long range weather has moved to warmer than normal. The weather is the driving force around these price swings throughout the last few weeks. Enjoy the evening. (RS)

December 15th, 2022 – Market Update

Markets were green again today following the U.S. Energy Information Administration storage report and afternoon weather models turning colder. The storage report today actually came in inline with consensus estimates at a withdrawal of 50 Bcf. The January prompt month NYMEX natural gas contract settled up US$0.54/MMBtu at $6.97 today, with the months out to …

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November 23rd, 2022 – Market Update

Pricing December 2022 prompt month NYMEX +US$0.529/MMBtu at $7.308 | Remaining Winter 2022 NYMEX (Dec22 to Mar23) +$0.37 at $7.287. News and Fundamentals Green was seen across the screen today, with all NYMEX contracts out to June 2024 settling up. Colder weather forecasts yesterday allowed for climbing prices to continue past yesterday’s settle into today. …

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Natural Gas Market Update

October 19th, 2022 – Natural Gas Update Natural gas remained on the defensive again today, led by another boondoggle in the European markets. The Dutch TFF Dec 2022 through February 2023 natural gas contracts all lost a little over 4% as other sources of energy, such as coal, race to fill the supply void. On …

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