Weekly Market Energy Report: August 2018 Futures Approach Settle
Similar to last week, August 2018 futures fell before rebounding later on in the week. August 2018’s final settle will occur tomorrow, currently down about 20 cents from a month ago.
Today’s gas storage injection of 24 Bcf came in much lower than anticipated however did little to spark the market.
Real time power prices have remained steady this week making little change to the 30 day average price of power from last week.
The 12 month electricity futures strip has moved very little from last week, up only 2 cents. However the 24 month strip is down nearly 40 cents from last week, bouncing back and forth over the last few days.
Click on a thumbnail to see a larger version:
This document is intended for indicative purposes only. All information contained within this report is acquired from third-party sources and EnergyMark makes no representations or warranties, express or implied, as to the accuracy of the information provided herein. EnergyMark is not liable for any actions or decisions made in reliance on the information provided in the report.