Energy Market Recap – Wrapping up December 2024
The energy market continues to show a blend of bullish and bearish dynamics as we close out the year, with production, demand, and storage levels
December 30, 2024
The energy market continues to show a blend of bullish and bearish dynamics as we close out the year, with production, demand, and storage levels
What is Liquefied Natural Gas? The United States has become a major player in the natural gas industry globally, thanks to advances in technology that
The energy markets in November showcased a mix of bullish and bearish factors, driven by high storage levels, dynamic weather patterns, and fluctuating production levels.
The rapid growth of artificial intelligence (AI) and data-driven technologies has caused a surge in power consumption, forcing companies to rethink their energy strategies. To
In October, the natural gas market faced a range of dynamics, with prompt-month NYMEX futures prices settling at $2.31 per MMBtu—a $0.25 decline, suggesting weaker
Artificial intelligence (AI) is driving a massive transformation in global energy consumption, with its increasing computational demands reshaping the energy landscape. This shift is expected
In the week ending September 27th , NYMEX natural gas prices rose across the board, with the November contract starting strong at $2.902/MMBtu. Hurricane Helene
The PJM capacity market is designed to ensure that there is always enough electricity available to meet future demand, particularly during peak usage times, such
In August 2024, the natural gas market in the U.S. experienced fluctuations due to a combination of factors. A major heat wave hit the Midwest
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