On behalf of the team at 5, I am pleased to forward our market letter for the first quarter of 2021. This letter focuses on the latest Black Swan event, Uri, the winter storm that hit Texas in mid-Feb...
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Throughout last month’s Winter Storm Uri, NYMEX Henry Hub natural gas prices increased in volatility. Multi-year highs for the prompt month contract (April) along with daily trading ranges almost as h...
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Valentine’s Day may warm our hearts, but it often coincides with some of the coldest weather of the winter, and this year was no exception. Last week, Valentine’s Day weekend was followed by President...
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The price for this winter’s natural gas has seen its fair share of volatility over the past 12 months. Coming out of last winter’s abnormally warm weather, prices for the 2021 calendar year strip saw ...
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It takes a lot of energy to produce energy. Natural gas and oil producers use significant amounts of both natural gas and electricity to extract, process, and transport the raw materials that are ulti...
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Global LNG (Liquified Natural Gas) prices, similar to global crude prices, have struggled this year. The price of West Texas Intermediate Crude (crude oil’s benchmark index) bottomed out at -$37 per b...
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Throughout the year, analysts wrestled with many variables as they tried to forecast the End of Season (EOS) natural gas storage levels, which were reported by the U.S. Energy Information Administrati...
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The rise in the futures price for the 2021 NYMEX Henry Hub natural gas contract has been driven by one major fundamental driver - the steady decline in natural gas production over the last 10 months. ...
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Once upon a time, major hurricanes in the Gulf of Mexico had the potential to wreak havoc on natural gas markets and send prices soaring to levels that are 4X what they are today. Late last month, as ...
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