by James Dorman | Feb 21, 2024 | Featured, Hedging Insights and Analysis, Weekly Energy Market Situation
Iran seeks to cool regional tensions Crude oil supply in the U.S. grows by 12 million barrels Warm sea surface temperatures suggest an active hurricane season Natural gas inventories above average The Matrox The week ending February 16 began with storm-induced... read more
by James Dorman | Feb 12, 2024 | Featured, Hedging Insights and Analysis, Weekly Energy Market Situation
Petroleum product supplies fell ten million barrels Refinery challenges support Midwest prices Military aggression ratchets higher in Israel and Russia Natural gas futures break support at $2.00 The Matrix Petroleum product prices appear to have bottomed for the... read more
by James Dorman | Feb 5, 2024 | Featured, Hedging Insights and Analysis, Weekly Energy Market Situation
Petroleum prices fell last week Oil supply uncertain; Demand strong Economic data bullish Natural gas prices test support The Matrix Petroleum futures prices fell last week. This was consistent with a recovery in domestic crude oil production. DOE’s U.S. Petroleum... read more
by James Dorman | Jan 29, 2024 | Featured, Hedging Insights and Analysis, Weekly Energy Market Situation
Cold weather cuts into petroleum market activity Heating Degree Days explode in Central states Gasoline demand suffers Natural gas inventories show near-record withdrawal The Matrix Energy futures prices moved higher last week. Crude oil added $4.76 to its front-month... read more
by James Dorman | Jan 23, 2024 | Featured, Hedging Insights and Analysis, Weekly Energy Market Situation
Gasoline inventories adequate Spring driving season is next price mover Refinery turnarounds starting early Improved HDDs not enough to support natural gas rally The Matrix With yesterday’s close, front-month RBOB futures have now established a ‘higher... read more
