Market Snapshot for Monday, March 28, 2022 MODERATE TEMPERATURES THROUGHOUT THE U.S. The weather is fairly moderate across the country with slightly lower temps in the East and higher temps in the West, but that has not translated into drastically lower demand. MARKET CONTINUES TO EDGE UPWARDS ON UKRAINE FEARS GAS MARKET MOVES UP ALMOST…
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NATURAL GAS SNAPSHOT: MARKET IN A WATCH, WAIT AND SEE MODE Milder forecasts and higher European pandemic numbers, offset by higher-than-expected withdrawal, kept the market mostly waiting and seeing. We are close to a typical shoulder month in April. A shoulder month is a month typically low demand. Warm enough to turn off the heaters,…
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Procurement Risk Management: To address several internal and external challenges to a business organization, Total Procurement Intelligence includes procurement risk management in its consulting model. The process involves identifying, assessing, and controlling specific risks that could negatively impact an organization’s capital and income. How can procurement services help your business? It’s not just large businesses…
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Happy Pi Day! MILDER WEATHER SHOULD LEAD TO LOWER DEMAND ACROSS THE COUNTRY Milder weather is on the way soon. This should lower demand and may even lower Natural Gas prices. Later this week, a warmer weather pattern will arrive as high-pressure rules vast stretches of the country. Slow-moving mild and wet systems will linger…
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FEARS OF SANCTIONS ON RUSSIAN ENERGY DRIVE MARKET HIGHER STILL, NO ENERGY SANCTIONS, BUT SUPPORT IS INCREASING As the Russian invasion of Ukraine continues, multiple sanctions have been laid on Russia, so far to no avail. Energy sanctions on Russian energy are among the last resort as they will cause pain in Europe and the…
DetailsIn The News: The entire TPI organization condemns the invasion of Ukraine. ๐บ๐ฆ The country and its people have our unwavering support. Wondering how you can help? Check out loom.ly/-CtKF8Y
DetailsNATURAL GAS: MARKET CONTINUES TO DROP EVEN AFTER RUSSIA INVADES UKRAINE WHY DID PRICES NOT SKYROCKET AFTER THE INVASION? Contrary to expectations, the price of Natural Gas did not increase significantly after the invasion of Ukraine. The main reason is that the sanctions placed on Russia, though they may be the toughest ever laid on…
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COLD FRONT AND GEOPOLITICS MAIN DRIVERS OF THE MARKET RIGHT NOW COLD FRONT KEEPS MARKET ABOVE $4.00 Last week, a sub-200 withdrawal of gas could not stop the market from climbing above $4.50 as the latest cold-front moves across the U.S. This latest front could have weaker effects at the end of February early March.…
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