Energy Price Hub

Daily updates 08/05/2021

U.S. Natural Gas Rallying ahead of tomorrow's storage build that is expected to be in teens and deepen the deficit and as traders prepare for the hottest week of the summer next week. The Sept-2021 contract is 15.2 cents higher at $4.179.
U.S. Weather The 6-10 day forecast is calling for above-normal temperatures to cover the eastern two-thirds of the nation and West, with a pocket of below-normal temperatures in the Upper Mountain West.
U.S. Dollar Pushing higher along with Treasury yields and following hawkish comments from several Federal Reserve members.
Oil Continues to slide lower after the EIA reported an unexpected 3.6 Million barrel increase in oil inventories, a 5.3 Mb decline in gasoline stocks, and a 0.8 Mb build in distillates. The Sept-2021 WTI contract is $1.52 lower at $69.04.
Equity Markets In retreat as the ADP employment report disappointed investors after it revealed weaker than expected job growth in July.
Geopolitics The UK and Iran have summoned each other's diplomats following an attack on an oil tanker off the coast of Oman last week.

Electric price tracker

North America
Europe

Wholesale Electric

Natural Gas & Crude Oil

Natural Gas Storage

Report

The European Energy Market Report

We assessed the viability of energy purchasing in over 30 deregulated European countries to better understand the uniqueness, capabilities, and gaps of each energy market.
Read More

Don’t miss the latest energy market watch updates. Subscribe to receive a weekly email below.

The latest