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...