SPECTRUM
| December 09, 2025
December 09, 2025
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 December 4, 2025: We anticipate a -184 bcf withdrawal for this Thursday's natural gas storage report. Regional breakdown for the reference week: E: -55; MW: -68; MTN: -10; PAC: -7; SC: -44 (S: -13; NS: -31). There are currently 3 analysts reporting a median estimate of .....
TTF WEEKLY REVIEW
| December 05, 2025
December 05, 2025
Dear , A Trans-Balkan flows section has been added to track the movement of gas from Turkey to Europe. Our European Gas Market Weekly Watch report, along with our European natural gas trade and storage estimates (in units of MMcm/d or bcf/d), offers a summary of key developments in the European gas market. Please find this week’s reports at the links below: European flows and storage inventories include nations in the EU-27 plus the United Kingdom, but exclude the island nations (Malta and Cyp.....
NORTH AMERICAN RIG WATCH
| December 05, 2025
December 05, 2025
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 542 active rigs as of December 05, 2025, higher by +5 from the previous week. Oil rigs increased by +6 to 413 (ht: +2; vt-dir: +4), and gas-directed rigs decreased by -1 to 129 (ht: -1; vt-dir: unch). Horizontal oil rigs increased by +1 in Eagle Ford (TX) and by +1 in Permian (NM). Horizontal gas rigs decrea.....
EIA NG STORAGE REPORT
| December 05, 2025
December 04, 2025
Dear , The EIA reported a -12 bcf withdrawal for the week ending November 27, 4 bcf smaller than our estimate of -16 bcf and 6 bcf less than Bloomberg’s median forecast of -18 bcf. Our models are currently showing storage activity of -195, -169, -109, -148, -166 and -172 bcf over the next six weeks for a total of -959 bcf, compared to -790 bcf for the same period last year and the five-year average of -652 bcf.
NGL MARKET RECAP
| December 03, 2025
December 03, 2025
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.
CFTC COT
| December 03, 2025
December 03, 2025
Please find below the links to data and charts detailing the latest CFTC Commitments of Traders Report for the week ended October 21. 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 rose by +5.5k to +132.6k in futures and decreas.....
SPECTRUM
| December 03, 2025
December 03, 2025
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 November 27, 2025: We anticipate a -16 bcf withdrawal for this Wednesday's natural gas storage report. Regional breakdown for the reference week: E: -5; MW: -12, MTN: -5, PAC: -5; SC: +11 (S: +8, NS: +3). There are currently 2 analysts reporting an average estimate of -.....
EIA NG STORAGE REPORT
| December 01, 2025
December 01, 2025
Dear , The EIA reported a -11 bcf withdrawal for the week ending November 21, 7 bcf larger than our estimate and Bloomberg’s median forecast of -4 bcf. Our models are currently showing storage activity of -18, -192, -144, -93, -157 and -170 bcf over the next six weeks for a total of -774 bcf, compared to -589 bcf for the same period last year and the five-year average of -549 bcf.
U.S. COAL DELIVERIES TO POWER PLANTS
| November 26, 2025
November 26, 2025
Dear , Please find below the link to U.S. Coal Deliveries to Electric Power Plants with data through September 2025. The report contains volume and price data where available. Data files include plant-level stocks. The chart below shows the volume-weighted average cost of delivered coal. Prices ($/mmbtu) are on the left axis, volumes (millions short tons) are on the right axis. That is aggregate data for all ranks and all destinations listed in the report.
CFTC COT
| November 26, 2025
November 26, 2025
Please find below the links to data and charts detailing the latest CFTC Commitments of Traders Report for the week ended October 14. We provide all Legacy and Disaggregated trader positions for natural gas, WTI, Brent, gasoline, heating oil and gasoil. Non-commercials increased net length in heating oil , but decreased in natural gas, WTI, Brent, gasoline and gasoil during the reference week. Non-commercials net length in natural gas fell by -34.8k to +127.1k in futures and decrea.....