Steve Sinos
Mar 7, 20232 min read
Natural Gas Still Looks Soft in the Near Term
Winter gas continues to trade at a substantial premium to summer, despite a ~12% tightening of contango so far this week.
Steve Sinos
Mar 6, 20232 min read
Drastically Different End-of-Season Natural Gas Positions in South vs. West
The message of lower prices, infrastructure constraints, wide basis, and a curve that is persistently in contango seems to be getting...
Steve Sinos
Feb 27, 20232 min read
Softening Spreads Still Wide Enough to Drive Trade as Market Shifts Focus to Gasoline
The EIA reported a monstrously wide build in commercial crude stocks for the second time in 2023...
Steve Sinos
Feb 22, 20233 min read
Blue Lacy Advisors, LLC - Seasonal Factors Abound
Technical factors seemed to dominate the market in recent weeks. Since setting a post-war low close of $76.10, prompt Brent has inched...
Megan Roth
Feb 21, 20232 min read
HedgeStar to Present at Lorman Webinar: The Valuation of Complex Financial Instruments
HedgeStar's Kevin Jarvis, FMVA, Senior Analyst will be presenting in a webinar hosted by Lorman Educational Services on February 23, 2023.
Steve Sinos
Feb 16, 20232 min read
Canadian Rig Activity Jumps, US Refineries Underutilized, Cracks Tighten
Another major outlet released updated monthly data last week – Baker Hughes (“BH”) published its monthly estimate of worldwide...
Steve Sinos
Feb 6, 20232 min read
Fundamental Data Confirms China Already Open
The Joint Organisation Data Initiative’s (“JODI”) most recent data release, covering 2022 fundamentals through November...
Steve Sinos
Feb 1, 20232 min read
Blue Lacy Advisors, LLC – Final January Oil and Products Commentary
Russia has so far been able to offload exports. January loadings to-date have averaged ~4.7mm bpd, in line with the six and 12-month ave...
Steve Sinos
Jan 17, 20232 min read
Blue Lacy Advisors, LLC – January Natural Gas Market Commentary
Prompt Henry Hub has dropped nearly 20% in the three trading days of January.
Steve Sinos
Jan 12, 20232 min read
Blue Lacy Advisors, LLC – Final December Crude Oil Market Commentary
Weekly price volatility has been dominated by the same actors, namely large Asian importers...