Storage Archives – AEGIS Hedging Solutions, LLC

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 Refined Products

February 12, 2021

Cushing, PADD 3 Stocks Decline As Refineries Soak Up Crude in January

Crude inventories at Cushing have decreased by over 10 MMBbls or 300 MBbl/d during January, while PADD 3 (Gulf Coast) inventories also declined by 12 MMBbls. Collectively, Cushing and PADD…

Nick Hillman

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Blog Oil & Gas

February 5, 2021

OPEC Committee Discusses Policy As WTI Breaches $55/Bbl

The OPEC Joint Ministerial Monitoring Committee (JMCC) and Joint Technical Committee met this week to review global oil fundamentals and the best path to reduce global inventories. WTI was trading…

Nick Hillman

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Blog Oil Oil & Gas

December 11, 2020

Lower Output, Strengthening Oil Demand Prompts EIA to Lift its WTI Forecast for ’20 and ’21

Lower supply expectations in the U.S. and abroad, and expectations for a recovery in global oil demand, will support prices through the end of 2021, according to the EIA.The EIA…

Nick Hillman

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Blog Oil & Gas

October 30, 2020

With a Little Help from LNG, We Could Be in Store for a Very Tight Winter

With the recent moves in LNG, we decided to change a few assumptions in our proprietary supply and demand model. If LNG maintains recent rates, the extra demand would easily…

Nick Hillman

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Blog Oil & Gas

October 29, 2020

Rare Early Natural Gas Withdrawals Expected

Natural gas withdrawals, which typically begin in mid-November in the U.S., are likely to begin about two weeks early this year. Implied daily gas-storage changes over the past week have…

Jay Stevens

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Blog Natural Gas

September 4, 2020

Gas Storage Facilities In Key Regions Are Precariously Full

Gas basis may be threatened as the amount of natural gas in storage could set new records in the U.S. Midwest and East regions of the U.S. this fall. Storage…

Jay Stevens

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Blog Natural Gas

August 7, 2020

Natural Gas Storage Picture Is Looking Better

Lower natural gas injections over the past five weeks have reduced the likelihood of exceeding storage capacity. For the past month or so, gas injections into storage have trended lower…

Jay Stevens

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Blog Natural Gas

July 10, 2020

Gas Storage Is Walking a Knife’s Edge

The market is perilously oversupplied, but recent stats suggest disaster is less likely. Gas inventories are still on a path to test storage limits in October, November The gas market…

Matt Marshall

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Blog Natural Gas

June 26, 2020

Summer Gas Prices Are in Danger

Last week's 120-Bcf increase in gas inventories is troublesome. Again we address that storage builds like those in 2019 can’t be tolerated for long. The chart below shows that last week's…

Matt Marshall

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