EUROPEAN NG TRADE
| June 14, 2025
June 13, 2025
Dear , Our European Gas Market Weekly Watch report, along with our European natural gas trade and storage estimates (in units of bcf/d or MMcm/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 discount the five Baltic States (Estonia, Finland, Latvia, Lithuania, and Sweden), as well as Malta and Cyprus.
NORTH AMERICAN RIG WATCH
| June 14, 2025
June 13, 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 552 active rigs as of June 13, 2025, lower by -4 from the previous week. Oil rigs decreased by -3 to 439 (ht: -3; vt-dir: unch), and gas-directed rigs decreased by -1 to 113 (ht: unch; vt-dir: -1). Horizontal oil rigs decreased by -1 in Anadarko (OK), by -1 in Permian (NM) and by -1 in Permian (TX). Canad.....
CFTC COT
| June 13, 2025
June 13, 2025
Please find below the links to data and charts detailing the latest CFTC Commitments of Traders Report for the week ended June 10. 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 heating oil , but decreased in natural gas, gasoline and gasoil during the reference week. Non-commercials net length in natural gas fell by -6.4k to +241.3k in futures and decreas.....
EIA NG STORAGE REPORT
| June 12, 2025
June 12, 2025
Dear , The EIA reported a +109 bcf injection for the week ending June 5, 1 bcf less than our estimate of +110 bcf and 1 greater than Bloomberg’s median forecast of +108 bcf. Our models are currently showing storage activity of +102, +82, +57, +59, +56 and +52 bcf over the next six weeks for a total of +408 bcf, compared to +264 bcf for the same period last year and the five-year average of +336 bcf.
NGL MARKET RECAP
| June 11, 2025
June 11, 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
| June 10, 2025
June 10, 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 June 5, 2025: We anticipate a +110 bcf injection for Thursday's natural gas storage report. Regional breakdown for the reference week: E: +30; MW: +35, MTN: +6, PAC: +5; SC: +34 (S: +8, NS: +26). There are currently 4 analysts reporting an average estimate of +107 on Bl.....
NORTH AMERICAN RIG WATCH
| June 09, 2025
June 09, 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 556 active rigs as of June 06, 2025, lower by -4 from the previous week. Oil rigs decreased by -9 to 442 (ht: -9; vt-dir: unch), and gas-directed rigs increased by +5 to 114 (ht: +6; vt-dir: -1). Horizontal oil rigs decreased by -4 in Eagle Ford (TX), by -2 in Anadarko (OK), by -1 in Permian (NM), by -1 in P.....
EUROPEAN NG TRADE
| June 09, 2025
June 06, 2025
Dear , Our European Gas Market Weekly Watch report, along with our European natural gas trade and storage estimates (in units of bcf/d or MMcm/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 discount the five Baltic States (Estonia, Finland, Latvia, Lithuania, and Sweden), as well as Malta and Cyprus.
CFTC COT
| June 06, 2025
June 06, 2025
Please find below the links to data and charts detailing the latest CFTC Commitments of Traders Report for the week ended June 03. 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, gasoline and gasoil , but decreased in heating oil during the reference week. Non-commercials net length in natural gas increased by +74.1k to +247.8k in futures and grew.....
EIA NG STORAGE REPORT
| June 06, 2025
June 05, 2025
Dear , The EIA reported a +122 bcf injection for the week ending May 29, 9 bcf greater than our estimate and Bloomberg’s median forecast of +113 bcf. Our models are currently showing storage activity of +111, +107, +76, +75, +67 and +59 bcf over the next six weeks for a total of +495 bcf, compared to +321 bcf for the same period last year and the five-year average of +393 bcf.