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November 18, 2024 Charts

Contango present in front-end of WTI futures curve; Seasonality supporting stronger NGL prices; Slow start to winter restraining US nat gas demand

Broad equity markets rally following US election; WTI futures curve flattens amid China worries; Short-term weather outlook boosts nat gas prices

Crude prices rally as OPEC+ extends output cuts; WTI-WCS differential tightens ~50% Y/Y; Alberta oil production down 6% M/M in September

Crude prices slide as geopolitical risk premium fades; European natural gas prices hit 2024 high; Weather supports robust AB natural gas demand