Lower Prices and Higher Inventories: What Do Recent Trend Reversals Signify...
In the past month, U.S. benchmark crude prices fell significantly, while domestic storage levels posted the largest series of builds so far this year. Lower prices and higher inventories represented...
View ArticleWestcoast Natural Gas Pipeline Winter Outlook
Basis prices in the Pacific Northwest are likely to see high volatility this winter following an explosion on a key source of supply to the market. The Westcoast Pipeline explosion in British Columbia...
View ArticleFuel Switching Due to Rise in European Carbon Prices
In a push to make carbon pricing more effective as a means for reducing carbon emissions, the European Commission announced in May total carbon emission allowances auctioned under the European Trading...
View ArticleIn the Face of Iranian Sanctions, Who Knows What’s Going on in Iran? Genscape...
As U.S. Iranian sanctions go into effect today, fears swirl over the immediate impact to oil production from one of the world’s largest producers and exporters. Today, Genscape, the leading global...
View ArticleIs the Surge in Wholesale Power Price in the UK Sustainable?
Over the past two years, power prices surged across Europe. The value of front calendar year power futures doubled while spot prices witnessed increased volatility and extreme levels. The evolution of...
View ArticleHouston as a Global Crude Oil Benchmark: Two Futures Contracts Emerge to...
The U.S. Gulf Coast emerged as a critical point of global price discovery for crude oil in recent years amid a confluence of domestic oil production in the Permian and Eagle Ford plays, reversals,...
View ArticleWinter Weather Expectations: Above Average Winter Electricity Demand?
Ahead of every season, Genscape’s power market analysts and meteorologists provide in-depth insight and forecasts for all seven of the U.S. power markets. We give our expectations for anticipated...
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