Wrap – Week Ended 09/02/22



Volatile week with the ZLT down 6.0% on the week after hitting HOY on Monday, retreating on lower traditional, service, and renewables ahead of non farm payrolls and Monday's OPEC+ meeting.

Holdings Watch: 

  • We added to two of our frac names last week, one gassy upstream name and one LNG name.
  • The blotter is updated

Questions and comments under The Wrap will be addressed in the Tuesday post.

We'll have some comments under this post when OPEC+ makes their decision. Our informal twitter poll shows an expectation of a pause with this meeting though we suspect OPEC+ may be leaning towards trimming quotas if not production.

Questions about the site may be directed to zman@zmansenergybrain.com

Enjoy the 3 day weekend,



9 Responses to “Wrap – Week Ended 09/02/22”

  1. 1
    zman Says:


  2. 2
    zman Says:


  3. 3
    zman Says:

    Last week:  Cooling Degree Days (CDDs) came in at 74 vs 53 normal and 70 in the prior week.

  4. 4
    zman Says:

    “Russia’s gas supplies to Europe will not resume in full until the “collective west” lifts sanctions against Moscow over its invasion of Ukraine” ~ Kremlin


  5. 5
    zman Says:

    OPEC+ JMMC at 7 am EST. OPEC+ meeting at 7:30 am EST.

  6. 6
    zman Says:

    OPEC+ main discussion said to be token cut of 0.1 mm bopd.

  7. 7
    zman Says:

    OPEC+ reverts to August level (reduces by 0.1 mm bopd).

    Next meeting October 5th.


  8. 8
    zman Says:

    WTI up $3+ to $90

  9. 9
    Nick Says:

    Good evening everyone, I’ve missed my energy rollercoaster over this extended holiday weekend! I can’t wait to see what Tuesday brings us – I’m expecting some fireworks.

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