EIA NG STORAGE REPORT
| September 03, 2020
September 3, 2020
Dear , The EIA reported a +35 bcf build for the reference week, 2 bcf higher than our call of +33 bcf and 1 bcf lower than the Bloomberg median of +36 bcf. As reports of the damage inflicted by Hurricane Laura came in, we focused on consumers of natural gas to estimate the extent of demand destruction. That caused us to be foolishly optimistic as it is the severe damage sustained by Entergy’s power transmission and distribution system that will ultimately determine the losses. Our models are cur.....
NGL MARKET RECAP
| September 02, 2020
September 02, 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
| September 01, 2020
September 1, 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. For the week ending August 27, 2020, LCMC 4-wk NG storage estimate: +33, +63, +74, +89. Total +259 vs +336 LY and +290 5-yr avg. This week by region: E: +16; MW: +17; MTN: +3; PAC: -2; SC: -1 (S:-3, NS: +2). BBG avg of 2 analysts at +36 bcf. Total net exports averaged 5.11 bcf/d, down by 0.....
U.S. COAL DELIVERIES TO POWER PLANTS
| September 01, 2020
September 2020
Dear , Please find below the link to U.S. Coal Deliveries to Electric Power Plants with data through June 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.
CFTC COT
| August 28, 2020
August 28, 2020
Please find below the links to data and charts detailing the latest CFTC Commitments of Traders Report for the week ended August 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 natural gas, Brent, gasoline, heating oil and gasoil , but decreased in WTI during the reference week. Non-commercials net length in natural gas rose by +20.1k to +298.6k in futures and increased by +26.0k t.....
NORTH AMERICAN RIG WATCH
| August 28, 2020
August 28, 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 252 active rigs as of August 28, 2020, unchanged from the previous week. Oil rigs decreased by -3 to 180 (ht: -3; vt-dir: unch), and gas-directed rigs increased by +3 to 72 (ht: +3; vt-dir: unch). Horizontal oil rigs decreased by -2 in Permian (TX) and by -1 in Permian (NM). Horizontal gas rigs increased by .....
NGL MARKET RECAP
| August 26, 2020
August 26, 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.
CFTC COT
| August 21, 2020
August 21, 2020
Please find below the links to data and charts detailing the latest CFTC Commitments of Traders Report for the week ended August 18. 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, gasoline, heating oil and gasoil , but decreased in WTI and Brent during the reference week. Non-commercials net length in natural gas fell by -0.5k to +278.5k in futures and increased by +5.0k .....
NORTH AMERICAN RIG WATCH
| August 21, 2020
August 21, 2020
Dear , 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 252 active rigs as of August 21, 2020, higher by +10 from the previous week. Oil rigs increased by +11 to 183 (ht: +8; vt-dir: +3), and gas-directed rigs decreased by -1 to 69 (ht: +6; vt-dir: -7). Horizontal oil rigs increased by +6 in Permian (TX), by +2 in Permian (NM) and by +2 in Other areas not .....
EIA NG STORAGE REPORT
| August 20, 2020
August 20, 2020
Dear , Note: The EIA NG Storage Report will return Thursday, September 3, 2020. The EIA reported a +43 bcf build for the reference week, equal to our call of +43 bcf and 1 bcf higher than the Bloomberg median of +42 bcf. Our models are currently showing injections of: +44, +38, +61, +79 bcf over the next four weeks for a total of +222 bcf, compared to a +299 bcf for the same period last year and the five-year average of +261 bcf.