Market Updates

Daily Market Update - January 14, 2016

Daily market update

Early Morning Update

The Feb16 natural gas contract is trading down $0.06 at $2.20.  The Feb16 crude contract is up $0.46 to $30.94.

 

 

Summary

A fairly quiet day on the NYMEX as the prompt NG contract traded higher by $.012 to close the day at $2.269.  Little changes to weather forecasts led to one of the quieter sessions we’ve seen in a while.  The market is lower this morning ahead of the storage report.  Estimates for the past two weeks have missed the actual reported draw considerably so it’ll be interesting to see how the report stacks up against estimated draws of ~180 Bcf.  Production remains steady after bouncing back from the freeze-offs and still hovers at ~71.5 Bcf/d.  Estimates for end-of-winter storage call for levels to be ~1.8 - 2.0 Tcf

Market Update 011416

Market Settles 011316

Set your ZIP code and utility

Enter a valid ZIP code
Unfortunately, we don't currently service this area. Please try another ZIP code.

Loading please wait...

Don't see your utility?

We currently only provide service to the listed utilities. For question, please contact 1-888-925-9115.

Loading...

54.80.83.123