Mita Chaturvedi
Research Associate, Flux
US Weather Update
Weather-wise, looking at weekly mean anomalies for next week, temperatures are still expected to be colder than normal in key regions....
Weather-wise, looking at weekly mean anomalies for next week, temperatures are still expected to be colder than normal in key regions in the East, which should be supportive of heating demand.
It looks like the temperature in parts of Texas might be returning to average levels. You can see the "white" zone (neutral anomaly) cutting right through Central and West Texas. While East Texas (important for many refineries) remains slightly cool, the Permian Basin is moving out of the blue and into white/pale pink, suggesting that the extreme "freeze-off" risks from the previous week are subsiding.
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