SPECTRUM
| September 14, 2021
September 14, 2021
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. For the week ending September 9, 2021, LCMC 4-wk NG storage estimate: +82, +81, +73, +92. Total +328 vs +305 LY and +307 5-yr avg. This week by region: E: +28; MW: +35; MTN: +3, PAC: -3; SC: +19 (S: +5, NS: +14). 5 analysts reported on BBG with an average of +75 bcf. Total net exports aver.....
CFTC COT
| September 10, 2021
September 10, 2021
Please find below the links to data and charts detailing the latest CFTC Commitments of Traders Report for the week ended September 07. 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 and gasoil , but decreased in WTI, gasoline and heating oil during the reference week. Non-commercials net length in natural gas increased by +1.6k to +357.4k in futures and grew by +5......
NORTH AMERICAN RIG WATCH
| September 10, 2021
September 10, 2021
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 502 active rigs as of September 10, 2021, higher by +6 from the previous week. Oil rigs increased by +7 to 401 (ht: unch; vt-dir: +7), and gas-directed rigs decreased by -1 to 101 (ht: -2; vt-dir: +1). Horizontal oil rigs increased by +1 in Anadarko (OK), while declining by -1 in Other areas not associated wit.....
EIA NG STORAGE REPORT
| September 09, 2021
September 9, 2021
Dear , The EIA reported a +52 bcf injection, 8 bcf greater than our call of +44 bcf and 13 bcf less than the Bloomberg median of +39 bcf. Our models are currently showing storage activity of +79, +76, +70, +77 bcf over the next four weeks for a total of +302 bcf, compared to +305 bcf for the same period last year and the five-year average of +307 bcf.
NGL MARKET RECAP
| September 09, 2021
September 09, 2021
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. 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
| September 08, 2021
September 8, 2021
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. For the week ending September 2, 2021, LCMC 4-wk NG storage estimate: +44, +70, +62, +69. Total +245 vs +295 LY and +290 5-yr avg. This week by region: E: +23; MW: +25; MTN: +1, PAC: +0; SC: -5 (S: -6, NS: +1). 5 analysts reported on BBG with an average of +44 bcf. Total net exports averag.....
CFTC COT
| September 03, 2021
September 3, 2021
Please find below the links to data and charts detailing the latest CFTC Commitments of Traders Report for the week ended August 31. 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 increased by +29.0k to +355.8k in futures and rose by +19.1k t.....
NORTH AMERICAN RIG WATCH
| September 03, 2021
September 3, 2021
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 496 active rigs as of September 03, 2021, lower by -11 from the previous week. Oil rigs decreased by -16 to 394 (ht: +1; vt-dir: -17), and gas-directed rigs increased by +5 to 102 (ht: +3; vt-dir: +2). Horizontal oil rigs increased by +1 in Anadarko (OK) and by +1 in Permian (NM), while declining by -1 in Othe.....
EIA NG STORAGE REPORT
| September 02, 2021
September 2, 2021
Dear , The EIA reported a +20 bcf injection, 3 bcf greater than our call of +17 bcf and 5 bcf less than the Bloomberg median of +25 bcf. This week's report includes our balances for summer 2021 and winter 2021/22. Our models are currently showing storage activity of +29, +56, +68, +71 bcf over the next four weeks for a total of +224 bcf, compared to +295 bcf for the same period last year and the five-year average of +290 bcf.
NGL MARKET RECAP
| September 01, 2021
September 01, 2021
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. 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.
