The models are broken
The market is trying to get back to the pre-Covid and pre-war times, but that model is broken. A new dawn is here and the financial world needs to adapt.
Steen Jakobsen,
Chief Investment Officer
Head of Commodity Strategy
Summary: Diverging northern hemisphere weather patterns are playing on natural gas prices on both sides of the Atlantic divide.
The EIA will publish its weekly stock report at 15:30 GMT today. Analysts expect a larger-than-normal inventory draw of 174 bcf, well above the five-year average of 104 bcf.