CFTC COT
| November 06, 2020
November 6, 2020
Please find below the links to data and charts detailing the latest CFTC Commitments of Traders Report for the week ended November 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 heating oil , but decreased in natural gas, WTI, Brent, gasoline and gasoil during the reference week. Non-commercials net length in natural gas declined by -23.3k to +404.7k in futures and decreased by -2.....
NORTH AMERICAN RIG WATCH
| November 06, 2020
November 6, 2020
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 297 active rigs as of November 06, 2020, higher by +4 from the previous week. Oil rigs increased by +5 to 226 (ht: +5; vt-dir: unch), and gas-directed rigs decreased by -1 to 71 (ht: unch; vt-dir: -1). Horizontal oil rigs increased by +3 in Eagle Ford (TX) and by +2 in Permian (NM). Horizontal gas rigs increas.....
EIA NG STORAGE REPORT
| November 05, 2020
November 5, 2020
Dear , The EIA reported a -36 bcf build for the reference week , 2 bcf greater than our call of -34 bcf and 5 bcf greater than the Bloomberg median of -31 bcf. As of this morning, the GWHDD estimate for the month of November has dropped to 471 GWHDDs, so far setting the month up to be 2nd mildest November (behind 2016) in the past 10 years. Our models are currently showing activity of: -4, +27, -31, -69 bcf over the next four weeks for a total of -77 bcf, compared to -123 bcf for the same perio.....
NGL MARKET RECAP
| November 04, 2020
November 04, 2020
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. Note: Data and charts of the Mont Belvieu non-LST to FEI, Propane Arbitrage and Butane Arbitrage are not available today, due to an issue with our data provider.
SPECTRUM
| November 03, 2020
November 3, 2020
Dear , Please find below the link to this week's detailed inventory forecast, our 4-wk storage outlook, along with natural gas trade and power sector demand estimates and highlights of reference week balances. This week's commentary discusses discrepancies between the EIA's Natural Gas Monthly and 923 survey relating to 2019 powerburns. For the week October 29, 2020, LCMC 4-wk NG storage estimate: -34, -8, +11, -40. Total -71 vs -52 LY and +24 5-yr avg. This week by region: E: +8; MW: +6; MTN:.....
CFTC COT
| October 30, 2020
October 30, 2020
Please find below the links to data and charts detailing the latest CFTC Commitments of Traders Report for the week ended October 27. 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 , but decreased in WTI, Brent, gasoline, heating oil and gasoil during the reference week. Non-commercials net length in natural gas grew by +21.0k to +428.1k in futures and increased by +34.8k .....
U.S. COAL DELIVERIES TO POWER PLANTS
| October 30, 2020
November 2020
Dear , Please find below the link to U.S. Coal Deliveries to Electric Power Plants with data through August 2020. The report contains volume and price data where available. The chart below shows 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.
NORTH AMERICAN RIG WATCH
| October 30, 2020
October 30, 2020
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 293 active rigs as of October 30, 2020, higher by +9 from the previous week. Oil rigs increased by +10 to 221 (ht: +10; vt-dir: unch), and gas-directed rigs decreased by -1 to 72 (ht: -1; vt-dir: unch). Horizontal oil rigs increased by +7 in Permian (TX), by +2 in Permian (NM), by +1 in Anadarko (OK) and by +1.....
EIA NG STORAGE REPORT
| October 29, 2020
October 29, 2020
Dear , The EIA reported a +29 bcf build for the reference week , 8 bcf lower than our call of +37 bcf and 9 bcf lower than the Bloomberg median of +38 bcf. The “outlier” effect of South Central's draw is set to be exacerbated in the coming weeks, where we will see the first “decisive” withdrawal from US storage inventories before we enter November. As we enter a new season, we are including Summer 2021 balances. Our models are currently showing activity of: -21, -20, -7, -62 bcf over the next fo.....
NGL MARKET RECAP
| October 28, 2020
October 28, 2020
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. Note: Data and charts of the Mont Belvieu non-LST to FEI, Propane Arbitrage and Butane Arbitrage are not available today, due to an issue with our data provider.