CFTC COT
| September 12, 2025
September 12, 2025
Please find below the links to data and charts detailing the latest CFTC Commitments of Traders Report for the week ended September 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 natural gas and gasoil , but decreased in WTI, Brent, gasoline and heating oil during the reference week. Non-commercials net length in natural gas increased by +7.6k to +175.2k in futures an.....
NORTH AMERICAN RIG WATCH
| September 12, 2025
September 12, 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 534 active rigs as of September 12, 2025, higher by +2 from the previous week. Oil rigs increased by +2 to 416 (ht: unch; vt-dir: +2), and gas-directed rigs were unchanged at 118 (ht: +1; vt-dir: -1). Horizontal oil rigs increased by +4 in Eagle Ford (TX), while declining by -1 in Anadarko (OK), by -1 in Per.....
EIA NG STORAGE REPORT
| September 11, 2025
September 11, 2025
Dear , The EIA reported a +71 bcf injection for the week ending September 4, 4 bcf higher than our estimate of +67 bcf and 3 bcf larger with Bloomberg’s median forecast of +68 bcf. Our models are currently showing storage activity of +82, +72, +80, +77, +75 and +67 bcf over the next six weeks for a total of +453 bcf, compared to +392 bcf for the same period last year and the five-year average of +491 bcf.
NGL MARKET RECAP
| September 10, 2025
September 10, 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.
SPECTRUM
| September 09, 2025
September 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 September 4, 2025: We anticipate a +67 bcf injection for Thursday's natural gas storage report. Regional breakdown for the reference week: E: +23; MW: +30, MTN: +3, PAC: -1; SC: +12 (S: +5, NS: +7). There are currently 2 analysts reporting an average estimate of +71 bcf.....
CFTC COT
| September 05, 2025
September 05, 2025
Please find below the links to data and charts detailing the latest CFTC Commitments of Traders Report for the week ended September 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 natural gas, Brent, gasoline, heating oil and gasoil , but decreased in WTI during the reference week. Non-commercials net length in natural gas grew by +17.2k to +167.6k in futures and rose.....
NORTH AMERICAN RIG WATCH
| September 05, 2025
September 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 532 active rigs as of September 05, 2025, higher by +1 from the previous week. Oil rigs increased by +2 to 414 (ht: +4; vt-dir: -2), and gas-directed rigs decreased by -1 to 118 (ht: -2; vt-dir: +1). Horizontal oil rigs increased by +3 in Permian (TX), by +1 in Bakken (ND) and by +1 in Other areas not associ.....
EIA NG STORAGE REPORT
| September 04, 2025
September 04, 2025
Dear , The EIA reported a +55 bcf injection for the week ending August 28, 1 bcf lower than our estimate of +56 bcf but in line with Bloomberg’s median forecast of +55 bcf. Our models are currently showing storage activity of +68, +68, +50, +69, +72 and +76 bcf over the next six weeks for a total of +403 bcf, compared to +349 bcf for the same period last year and the five-year average of +470 bcf.
SPECTRUM
| September 04, 2025
September 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 August 28, 2025: We anticipate a +56 bcf injection for Thursday's natural gas storage report. Regional breakdown for the reference week: E: +25; MW: +25, MTN: +1, PAC: -4; SC: +9 (S: +1, NS: +8). There are currently 9 analysts reporting a median estimate of +55 bcf on B.....
TTF WEEKLY REVIEW
| September 01, 2025
August 29, 2025
Dear , 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 Baltic states (Estonia, Latvia, and Lithuania), Nordic countries (Finland and Sweden), and island nations (Malta and Cyprus).