Weekly Energy Report (06/03/2019)

The wholesale energy markets flipped over to contango last week, with the more-expensive energy now at the back end of the forward price curve.  The difference is slight, however – all of the annual strips are within a 7-cent range.   It will be interesting to see if this week shows a continuation of the price slippage on the front end, or a front-end jump that pushes us back to a backwardated market with the more-expensive energy on the front end of the curve. Either way, absolute price levels are low enough on the entirety of the curve that any open positions should be hedged as soon as possible.  Please let us know how we can help you get your contracts executed and your risk eliminated!  Just call us at 937-709-0098 x701. 

Click here for your FREE energy report printable.