Energy Markets Daily

WTI at $63.20, crude inventories down but gasoline at highest since June 2020. Natural gas at $3.46, storage draw 379 Bcf, LNG flows near record.

Show Notes

Welcome to Energy Markets Daily. Thursday, February 5, 2026 — Market Update. CRUDE OIL UPDATE: WTI pulled back to $63.20, consolidating after Monday's 5% crash. The bounce stalled exactly where we said it would. $63-64 resistance holding. EIA Weekly Petroleum Status Report dropped. Crude inventories down 3.5 million barrels to 420.3 million. 4% below the 5-year average. Sounds bullish? Wrong. Here's what matters: Gasoline inventories jumped 700,000 barrels to 257.9 million. Highest level since June 2020. Demand destruction. Distillates down 5.5 million barrels to 127.4 million. Refinery utilization dropped to 90.5%. OPEC+ holding the line through March. They're trapped. EIA projects WTI averaging $52 for 2026. We're at $63. That's a 17% premium to fair value. Sell the rips. NATURAL GAS UPDATE: Henry Hub at $3.46, down slightly. Storage draw for week ending Jan 30 expected around 379 Bcf. Massive. LNG flows to major terminals averaging 18.3 bcfd in February, approaching December's record 18.5 bcfd. Golden Pass LNG expected online mid-2026. EIA holds $3.50 avg for 2026, $4.60 for 2027. THE SETUP: Crude inventories falling but gasoline glut building. Demand weak. Gas supported by LNG ramp and storage draws. The decoupling continues. Trade the data. Not the headlines. For energy opportunities: energymarkets@protonmail.com

What is Energy Markets Daily?

Energy Markets Daily delivers essential intelligence for global energy capital. Hosted with institutional authority, this daily brief covers WTI/Brent crude analysis, natural gas markets, energy M&A activity, drilling intelligence, and the geopolitical developments that drive billion-dollar energy decisions.

Providing superior energy market intelligence sourced from the same trading floors, boardrooms, and energy desks where your competition operates. Essential listening for oil & gas executives, energy investors, and institutional capital allocating $100M+ in the energy sector.

Contact: energymarkets@protonmail.com

Disclaimer: This podcast is powered by Daily Dominance and utilizes artificial intelligence technology for content creation and production. The views and opinions expressed in this show are those of the hosts and guests and do not necessarily reflect the official policy or position of Daily Dominance. All content is generated with the intent to provide informative and engaging material; however, the accuracy and reliability of the information presented may vary. Listeners are encouraged to conduct their own research and consult with professionals before making any decisions based on the content of this podcast. By listening to this podcast, you acknowledge and agree to these terms.