Energy Market Report 8/23
Energy markets continued to slide last week, highlighted by oil losing for seven straight sessions as markets remain suppressed over COVID-19 variants and tensions in
Energy markets continued to slide last week, highlighted by oil losing for seven straight sessions as markets remain suppressed over COVID-19 variants and tensions in
Energy markets started off the week on a strong note, but quickly weakened with the IEA’s release of its oil market report that forecasts an
Energy Market Happenings Energy markets continue to have bullish sentiment, despite oil markets being dragged down this week on renewed pandemic fears as lockdowns in
Despite lingering cold weather and historic natural gas storage deficits, the market continues to view the ramp up in production as sufficient expected supply for
This time of year typically inspires little heating and cooling demand which means natural gas and electricity prices should go down due to less demand.
Yesterday, the 2020-23 calendar year strips for natural gas contracts hit their all-time lows, trading at $2.647, $2.667, $2.716, and $2.784, respectively. Meanwhile, the near-term
Taurus is a leading minority-owned wholesale & retail energy advisory firm focusing on strategy-based energy procurement, utility data management, and efficiency solutions.
Taurus is a leading minority-owned wholesale & retail energy advisory firm focusing on strategy-based energy procurement, utility data management, and efficiency solutions.