EPG Webinar starts at 10AM CT

[dan_s]

Trading Economics:
WTI crude futures pared losses at 0.3%, trading around $91.5 a barrel on Friday, as escalating violence in Donetsk heightened concerns over supply disruptions from a possible Russia-Ukraine war, offsetting prospects of Iranian oil returning to global markets. The Donetsk People’s Republic started evacuating civilians from the region amid heavy shelling, while Russian media said a car exploded near a government building in Donetsk. Earlier, signs of advances in US-Iran nuclear talks pressured crude futures, as a potential deal could release about 1.3 million supply barrels. Oil is expected to hold in the $90 to $100 a barrel range despite the potential return of Iranian oil exports, as geopolitical uncertainties and a tight global market, driven by capacity constraints and demand recovery continue to keep energy prices elevated. For the week, WTI crude futures posted a 1.7% drop.

US natural gas futures swung between gains and losses to close 1% lower at $4.4 per million British thermal units on Friday, with the volatility being mainly driven by slight changes in weather forecasts for early March. The two-week weather outlook points to colder-than-usual temperatures but reports painted a mixed picture for the first days of March, with some forecasts seeing slightly milder weather. Also, investors continued to reassess the latest EIA inventory data, which came 3 billion cubic feet short (bcf) of market expectations at 190 bcf. The shortfall between current storage levels and the five-year average widened to 11.6%. On a weekly basis, the contract jumped 12.7%, rebounding from a 13.8% fall last week.

I am going to cover the oil and gas markets quickly and then I will take questions about any of the Sweet 16 or other model portfolio companies.

[dan_s]

I think natural gas prices will stay over $4/MMBTU this year. We are going to publish updated profiles on some of my favorite "gassers" this week.

[Fraser921]

Ng up 6 percent , 27 cents pre market on Sunday

Crude is up 1.50

Reports that Russia ready to invade Europe

Biden cancels vacation to lead us to victory

That is all