Oil & Gas Archives – AEGIS Hedging Solutions, LLC

April 16, 2021

Propane Prices Stumble In April

Prompt-month propane price has fallen from its highest level since late 2018. Mt. Belvieu propane gave up 14 c/gal between April 5 and April 15, marking the largest 10-day loss…

Jay Stevens

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Blog Oil Oil & Gas

April 16, 2021

Gas Demand Suffers from Wind, Coal Displacement

A massive renewable build-out in late 2020 and higher regional gas prices are hampering power-generation demand. Wind power generation has been on the uptick for several years now (see adjacent…

Nick Hillman

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Blog Oil & Gas

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…

Jay Stevens

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Oil & Gas

April 8, 2021

Canadian Producers Are at Risk of U.S. DAPL Pipeline Shutdown

Regulation and government action again threaten Canadian oil markets. This time, it’s a trickle-north effect from U.S. court decisions on a fully complete pipeline. *** Update April 9, 2021 --…

Matt Marshall

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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…

Jay Stevens

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Blog Oil Oil & Gas

March 19, 2021

Bakken Clearbrook Prices Surge on Supply Disruptions; DAPL Hearing Looms

Since mid-February, Bakken Clearbrook prices have rallied into positive territory versus WTI for the first time since April 2020. Weather-induced supply disruptions have been the main contributor to the positive…

Nick Hillman

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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…

Jay Stevens

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Blog Oil & Gas Refined Products

February 26, 2021

2021 Gas Market Is Least Supplied of Last Four Years

This year’s gas market may be tighter than many realize. So far this winter, we have been depleting inventories at a rapid clip, despite the mild weather in November through…

Nick Hillman

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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…

Jay Stevens

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Blog Natural Gas Oil & Gas

February 19, 2021

February Weather Helps End-of-Season Storage Get Back on Track

AEGIS now expects summer storage to start under 1,500 Bcf, the lowest in the last eight years, except for 2014 (polar vortex) and 2019. We derived an end-of-season (EOS) storage…

Nick Hillman

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