CFTC COT
| September 22, 2023
September 22, 2023
Please find below the links to data and charts detailing the latest CFTC Commitments of Traders Report for the week ended September 19. We provide all Legacy and Disaggregated trader positions for natural gas, WTI, Brent, gasoline, heating oil and gasoil. Non-commercials increased net length in natural gas, WTI, Brent and heating oil , but decreased in gasoline and gasoil during the reference week. Non-commercials net length in natural gas increased by +4.3k to +18.8k in futures and.....
NORTH AMERICAN RIG WATCH
| September 22, 2023
September 22, 2023
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 625 active rigs as of September 22, 2023, lower by -11 from the previous week. Oil rigs decreased by -8 to 507 (ht: -8; vt-dir: unch), and gas-directed rigs decreased by -3 to 118 (ht: -1; vt-dir: -2). Horizontal oil rigs decreased by -3 in Permian (NM), by -2 in Anadarko (OK), by -2 in Permian (TX) and by -.....
EUROPEAN NG TRADE
| September 22, 2023
September 22, 2023
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
| September 22, 2023
September 21, 2023
Dear , The EIA reported a +64 bcf injection, 1 bcf higher than our prediction of +63 bcf and 2 bcf lower than Bloomberg’s median estimate of +66 bcf. Our models are currently showing storage activity of +95, +102, +98, +95, +78, and +57 bcf over the next six weeks for a total of +526 bcf, compared to +626 bcf for the same period last year and the five-year average of +488 bcf.
NGL MARKET RECAP
| September 20, 2023
September 20, 2023
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
| September 20, 2023
September 19, 2023
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 September 14, 2023: LCMC 6-wk NG storage estimate: +63, +88, +80, +92, +98, and +98 bcf. Total +519 bcf vs +627 bcf LY and +515 bcf 5-yr avg. This week by region: E: +18; MW: +24, MTN: +5, PAC: +6; SC: +10 (S: +2, NS: +8). Total net exports averaged 13.14 bcf/d, down by.....
CFTC COT
| September 15, 2023
September 15, 2023
Please find below the links to data and charts detailing the latest CFTC Commitments of Traders Report for the week ended September 12. 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 and gasoline , but decreased in natural gas, heating oil and gasoil during the reference week. Non-commercials net length in natural gas grew by +3.0k to +14.5k in futures and dec.....
NORTH AMERICAN RIG WATCH
| September 15, 2023
September 15, 2023
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 636 active rigs as of September 15, 2023, higher by +10 from the previous week. Oil rigs increased by +2 to 515 (ht: unch; vt-dir: +2), and gas-directed rigs increased by +8 to 121 (ht: +6; vt-dir: +2). Horizontal oil rigs increased by +3 in Permian (TX), by +1 in Anadarko (OK), by +1 in Bakken (ND) and by +.....
EUROPEAN NG TRADE
| September 15, 2023
September 15, 2023
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
| September 15, 2023
September 15, 2023
Dear , The EIA reported a +57 bcf injection, 9 bcf higher than our prediction of +48 bcf and 5 bcf greater than Bloomberg’s median estimate of +52 bcf. Our models are currently showing storage activity of +66, +76, +76, +88, +90, and +93 bcf over the next six weeks for a total of +490 bcf, compared to +627 bcf for the same period last year and the five-year average of +515 bcf.