by James Dorman | Oct 31, 2023 | Featured, Hedging Insights and Analysis, Weekly Energy Market Situation
Gasoline futures curves are shifting Low distillate stocks supporting ULSD crack spreads Gasoline inventories above the 5-year average Natural gas storage injection below expectations again this week The Matrix In 2008, China hosted the Summer Olympics in Beijing. In... read more
by James Dorman | Oct 23, 2023 | Featured, Hedging Insights and Analysis, Weekly Energy Market Situation
Distillate fuel oil price action has been muted Refiners increasing diesel production New supply coming from Venezuela Natural gas storage and price action bearish for winter. The Matrix Price action for distillate fuel oils has been range-bound following an initial... read more
by James Dorman | Oct 16, 2023 | Featured, Hedging Insights and Analysis, Weekly Energy Market Situation
Distillate fuel supply remains very tight Developing heating season could keep situation tight Impact of El Nino less clear than earlier thought Natural gas prices now facing weakness The Matrix There are fewer than thirty days of distillate fuel oil available in the... read more
by James Dorman | Oct 10, 2023 | Featured, Hedging Insights and Analysis, Weekly Energy Market Situation
Oil industry better positioned to withstand attack on Israel Oil prices now set at open-outcry NYMEX Exchange Alternative oil supplies available, with provisos El Nino points to snowy, warmer winter. The Matrix The attack on Israel this weekend by Hamas was redolent... read more
by James Dorman | Oct 2, 2023 | Featured, Hedging Insights and Analysis, Weekly Energy Market Situation
Higher oil prices despite economic uncertainty Tight supply evident at Cushing OK pricing point Demand for propane fell noticeably Natural gas prices struggle to break above $3.00. The Matrix New highs were seen in WTI futures last week. Prices soared to $95.03 and... read more
