by Schork_admin | Oct 1, 2024 | The Schork Report
Published on: PRICES WERE FIRM YESTERDAY… Oil stemmed the bleeding, and gas finished the quarter in good shape. It remains to be seen if gas bulls can parlay the momentum. What We Are Watching Our model for spot fall natural gas futures on the NYMEX runs through the...
by Schork_admin | Sep 30, 2024 | The Schork Report
Published on: ENERGY PRICES WERE MIXED LAST WEEK… natty surged on the roll from October (the final contract of the 2024 summer strip) to November (the first contract of the 2024-25 winter strip). Oil tanked as OPEC maintained a dovish stance. What We Are Watching In...
by Schork_admin | Sep 27, 2024 | The Schork Report
Published on: ENERGY PRICES WERE MIXED YESTERDAY… natty rallied as October futures went off the board on a strong note, oil tanked on concerns the Saudis are willing to—for reasons we have yet to fathom why—tank the market. What We Are Watching Our model for spot...
by Schork_admin | Sep 26, 2024 | The Schork Report
Published on: ENERGY PRICES WERE MIXED YESTERDAY… gas rallied through the expiry on October options (the futures expire today) while oil shook off a bullish update from the EIA. What We Are Watching Our summer NYMEX WTI model ran through last Friday’s contract expiry...
by Schork_admin | Aug 23, 2024 | The Schork Report
Published on: PRICES WERE MIXED YESTERDAY… oil bounced as traders, wary of going into the weekend oversold, covered and gas faltered despite another subpar inventory update from the EIA. What We Are Watching Yesterday, the EIA produced another subpar injection...