CFTC COT
| October 18, 2024
October 18, 2024
Please find below the links to data and charts detailing the latest CFTC Commitments of Traders Report for the week ended October 15. We provide all Legacy and Disaggregated trader positions for natural gas, WTI, Brent, gasoline, heating oil and gasoil. Non-commercials increased net length in gasoline , but decreased in natural gas, WTI, Brent, heating oil and gasoil during the reference week. Non-commercials net length in natural gas decreased by -47.6k to -20.8k in futures and fe.....
NORTH AMERICAN RIG WATCH
| October 18, 2024
October 18, 2024
Please find below the links to this week's detailed rig reports and a quick recap of the North American oil and gas drilling activity as reported by Baker Hughes. US: Baker Hughes shows 581 active rigs as of October 18, 2024, lower by -1 from the previous week. Oil rigs increased by +1 to 482 (ht: -3; vt-dir: +4), and gas-directed rigs decreased by -2 to 99 (ht: -1; vt-dir: -1). Horizontal oil rigs increased by +1 in Anadarko (OK), while declining by -3 in Permian (TX) and by -1 in Other ar.....
EUROPEAN NG TRADE
| October 18, 2024
October 18, 2024
Dear , Please find below the link to this week's European natural gas trade and storage estimates, either in units of bcf/d or MMcm/d. European flows and storage inventories include nations in the EU-27 plus the United Kingdom, but discount the five Baltic States (Estonia, Finland, Latvia, Lithuania, and Sweden), as well as Malta and Cyprus.
EIA NG STORAGE REPORT
| October 17, 2024
October 17, 2024
Dear , The EIA reported an injection of +76 bcf for the week ending October 10, 4 bcf lower than our prediction and Bloomberg’s median estimate of +80 bcf. Our models are currently showing storage activity of +59, +65, +58, +8, -14 and -52 bcf over the next six weeks for a total of +124 bcf, compared to +235 bcf for the same period last year and the five-year average of +158 bcf.
NGL MARKET RECAP
| October 17, 2024
October 17, 2024
Dear , Please find below the link to this week’s NGL Market Recap, which provides an overview of North American NGL statistics as well as global LPG prices, spreads/arbitrages and ratios.
SPECTRUM
| October 15, 2024
October 15, 2024
Dear , Please find below the link to this week's detailed inventory forecast, our 6-wk storage outlook, along with natural gas trade and power sector demand estimates and highlights of reference week balances. For the week ending October 10, 2024: LCMC 6-wk NG storage estimate: +80, +74, +75, +62, +12 and -12 bcf. Total +291 bcf vs +323 bcf LY and +278 bcf 5-yr avg. This week by region: E: +23; MW: +26, MTN: +3, PAC: +1; SC: +27 (S: +17, NS: +10). There are currently 2 analysts reporting on Bloo.....
CFTC COT
| October 11, 2024
October 11, 2024
Please find below the links to data and charts detailing the latest CFTC Commitments of Traders Report for the week ended October 08. We provide all Legacy and Disaggregated trader positions for natural gas, WTI, Brent, gasoline, heating oil and gasoil. Non-commercials increased net length in WTI, Brent, gasoline, heating oil and gasoil , but decreased in natural gas during the reference week. Non-commercials net length in natural gas declined by -14.1k to +26.8k in futures and fel.....
NORTH AMERICAN RIG WATCH
| October 11, 2024
October 11, 2024
Please find below the links to this week's detailed rig reports and a quick recap of the North American oil and gas drilling activity as reported by Baker Hughes. US: Baker Hughes shows 582 active rigs as of October 11, 2024, higher by +1 from the previous week. Oil rigs increased by +2 to 481 (ht: -2; vt-dir: +4), and gas-directed rigs decreased by -1 to 101 (ht: -1; vt-dir: unch). Horizontal oil rigs increased by +3 in Permian (TX) and by +1 in Anadarko (OK), while declining by -2 in Perm.....
EUROPEAN NG TRADE
| October 11, 2024
October 11, 2024
Dear , Please find below the link to this week's European natural gas trade and storage estimates, either in units of bcf/d or MMcm/d. European flows and storage inventories include nations in the EU-27 plus the United Kingdom, but discount the five Baltic States (Estonia, Finland, Latvia, Lithuania, and Sweden), as well as Malta and Cyprus.
EIA NG STORAGE REPORT
| October 10, 2024
October 10, 2024
Dear , The EIA reported an injection of +82 bcf for the week ending October 3, 3 bcf higher than our prediction of +79 and 6 bcf larger than Bloomberg’s median estimate of +76 bcf. Our models are currently showing storage activity of +88, +87, +63, +38, 0 and -23 bcf over the next six weeks for a total of +253 bcf, compared to +323 bcf for the same period last year and the five-year average of +278 bcf.