Jay Stevens, Author at AEGIS Hedging Solutions, LLC

April 9, 2021

Waha Basis Summer Contracts Best Since 2016

Natural gas prices in the Permian basin have continued to improve as demand markets in Texas and on the West Coast compete for molecules. Waha basis for Summer 2021 moved…

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Blog Refined Products

March 26, 2021

A Full Recovery In Jet Fuel Demand May Take A While

Jet fuel is an important refined product for crude oil demand, but it may be years before there is a return to pre-COVID levels. Demand for liquid petroleum products, including…

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Uncategorized

March 26, 2021

WTI Price Action Week of 3/22-3/26

Prompt-month contract rolled from April to MayContinued demand worries and possibly a continuation of speculator exits sent WTI down 6.5% on TuesdayWTI crossed over the 50-day moving average. This bearish…

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Blog Oil & Gas

March 19, 2021

Two Haynesville Area Pipeline Projects Due in 2021

The Haynesville Shale play that straddles East Texas and Northwest Louisiana will soon welcome new infrastructure projects to transport natural gas to ever-growing demand markets. Two projects are due online…

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Alert Crude Oil

March 17, 2021

Weekly Oil Statistics

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Blog Oil & Gas Uncategorized

March 12, 2021

WTI Curve Close To Steepest Backwardation In Past 15 Years

The near-term WTI contract at $65.80/Bbl is $6.8/Bbl, or 11%, higher than WTI one year from now. A backwardated curve can mean that oil is in higher demand today than…

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Alert Crude Oil

March 10, 2021

Weekly Oil Statistics

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First Look

March 10, 2021

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Blog Oil & Gas

February 26, 2021

Producer 2021 Guidance Implies Nearly Flat Oil Production

The theme of large oil independents and supermajors for 2021 is to keep production flat, pay down debt, and create more free-cash flow. For a sample of large producers who…

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Blog Oil & Gas

February 18, 2021

Saudi Arabia Teases Output Increases As Brent Nears $65

Saudi Arabia plans to unwind 1 MMBbl/d of supply cuts starting in April.* The action would end the 1 MMBbl/d of unilateral curtailments the country announced in early January for…

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