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Market Snapshot: Tuesday, November 14, 2023

WEATHER HIGHLIGHTS: As projected, natural gas prices have fallen in the last week, with prompt-month pricing falling almost below $3.00. Since the start of November, natural gas prices have lost $0.60 from $3.62 to $3.018 on Friday. This drop coincided with a change in the weather forecast, which called for milder temperatures than initially forecast.…

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Energy Market Snapshot: November 6, 2023

EIA: WEEKLY NATURAL GAS STORAGE The last two natural gas storage reports have shown a more robust injection than the five-year average, which is helping to keep the price of Natural Gas lower as mild weather has kept heat demand down. Projections of a mild winter due to a strong El Nino are also holding…

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