EIA NG STORAGE REPORT | July 18, 2024

July 18, 2024

Dear , The EIA reported a +10 bcf injection for the week ending July 11, 20 bcf less than our prediction of +30 bcf and 16 bcf smaller than Bloomberg’s median estimate of +26 bcf. Our models are currently showing storage activity of +15, +55, +24, +19, +29 and +35 bcf over the next six weeks for a total of +177 bcf, compared to +147 bcf for the same period last year and the five-year average of +230 bcf.


NGL MARKET RECAP | July 17, 2024

July 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 | July 16, 2024

July 16, 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 July 11, 2024: LCMC 6-wk NG storage estimate: +30, +24, +56, +37, +30, and +36 bcf. Total +214 bcf vs +162 bcf LY and +235 bcf 5-yr avg. This week by region: E: +11; MW: +12, MTN: +3, PAC: +1; SC: +3 (S: -1, NS: +4). There are currently 4 analysts reporting on Bloomberg.....


EUROPEAN NG TRADE | July 12, 2024

July 12, 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.


CFTC COT | July 12, 2024

July 12, 2024

Please find below the links to data and charts detailing the latest CFTC Commitments of Traders Report for the week ended July 09. We provide all Legacy and Disaggregated trader positions for natural gas, WTI, Brent, gasoline, heating oil and gasoil. Non-commercials increased net length in Brent, gasoline and gasoil , but decreased in natural gas, WTI and heating oil during the reference week. Non-commercials net length in natural gas declined by -28.9k to +13.5k in futures and fel.....


NORTH AMERICAN RIG WATCH | July 12, 2024

July 12, 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 578 active rigs as of July 12, 2024, lower by -2 from the previous week. Oil rigs decreased by -1 to 478 (ht: unch; vt-dir: -1), and gas-directed rigs decreased by -1 to 100 (ht: -1; vt-dir: unch). Horizontal oil rigs increased by +1 in Anadarko (OK) and by +1 in Permian (TX), while declining by -1 in Eagle .....


EIA NG STORAGE REPORT | July 11, 2024

July 11, 2024

Dear , The EIA reported a +65 bcf injection for the week ending July 4, 3 bcf more than our prediction of +62 bcf and 7 bcf larger than Bloomberg’s median estimate of +58 bcf. Our models are currently showing storage activity of +30, +12, +7, +26, +29 and +37 bcf over the next six weeks for a total of +141 bcf, compared to +162 bcf for the same period last year and the five-year average of +235 bcf.


NGL MARKET RECAP | July 10, 2024

July 10, 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 | July 09, 2024

July 09, 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 July 4, 2024: LCMC 6-wk NG storage estimate: +62, +31, +4, +13, +36, and +38 bcf. Total +184 bcf vs +196 bcf LY and +250 bcf 5-yr avg. This week by region: E: +23; MW: +21, MTN: +5, PAC: +6; SC: +7 (S: +1, NS: +6). There are currently 3 analysts reporting on Bloomberg w.....


CFTC COT | July 08, 2024

July 08, 2024

Please find below the links to data and charts detailing the latest CFTC Commitments of Traders Report for the week ended July 02. We provide all Legacy and Disaggregated trader positions for natural gas, WTI, Brent, gasoline, heating oil and gasoil. Non-commercials increased net length in Brent and heating oil , but decreased in natural gas, WTI, gasoline and gasoil during the reference week. Non-commercials net length in natural gas decreased by -22.8k to +42.4k in futures and fe.....