EUROPEAN NG TRADE
| April 04, 2025
April 04, 2025
Dear , Starting this week, we will include the ' European Gas Market Weekly Watch" report alongside our European natural gas trade and storage estimates (in units of bcf/d or MMcm/d), offering 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.....
CFTC COT
| April 04, 2025
April 04, 2025
Please find below the links to data and charts detailing the latest CFTC Commitments of Traders Report for the week ended April 01. 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 +6.3k to +254.0k in futures and decrea.....
NORTH AMERICAN RIG WATCH
| April 04, 2025
April 04, 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 585 active rigs as of April 04, 2025, lower by -2 from the previous week. Oil rigs increased by +5 to 489 (ht: +5; vt-dir: unch), and gas-directed rigs decreased by -7 to 96 (ht: -5; vt-dir: -2). Horizontal oil rigs increased by +9 in Other areas not associated with a specific play, while declining by -3 in .....
EIA NG STORAGE REPORT
| April 03, 2025
April 03, 2025
Dear , The EIA reported a +29 bcf injection for the week ending March 27, compared to our estimate of +27 bcf and Bloomberg’s median forecast of +28 bcf. Our models are currently showing storage activity of +60, +24, +77, +97, +104 and +108 bcf over the next six weeks for a total of +470 bcf, compared to +365 bcf for the same period last year and the five-year average of +345 bcf.
NGL MARKET RECAP
| April 02, 2025
April 02, 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
| April 01, 2025
April 01, 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 March 27, 2025: We anticipate a +27 bcf injection for Thursday's natural gas storage report. Regional breakdown for the reference week: E: -17; MW: -3, MTN: +2, PAC: +10; SC: +35 (S: +20, NS: +15). There are currently 4 analysts reporting an estimate of +28 on Bloomberg.....
CFTC COT
| March 28, 2025
March 28, 2025
Please find below the links to data and charts detailing the latest CFTC Commitments of Traders Report for the week ended March 25. 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, gasoline, heating oil and gasoil , but decreased in natural gas during the reference week. Non-commercials net length in natural gas declined by -9.3k to +247.6k in futures and fell .....
NORTH AMERICAN RIG WATCH
| March 28, 2025
March 28, 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 587 active rigs as of March 28, 2025, lower by -1 from the previous week. Oil rigs decreased by -2 to 484 (ht: -4; vt-dir: +2), and gas-directed rigs increased by +1 to 103 (ht: +1; vt-dir: unch). Horizontal oil rigs increased by +2 in Other areas not associated with a specific play, while declining by -5 in.....
EUROPEAN NG TRADE
| March 28, 2025
March 28, 2025
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. Changes to the report: - The “Ukraine” section aggregates all the gas flows passing through Ukraine, including exports from Russia to Europe, and exports fr.....
EIA NG STORAGE REPORT
| March 27, 2025
March 27, 2025
Dear , The EIA reported a +37 bcf injection for the week ending March 20, compared to our estimate of +33 bcf and Bloomberg’s median forecast of +34 bcf. Our models are currently showing storage activity of +10, +26, +64, +69, +87 and +100 bcf over the next six weeks for a total of +356 bcf, compared to +255 bcf for the same period last year and the five-year average of +249 bcf.