CFTC COT
| January 17, 2020
January 17, 2020
Please find below the links to data and charts detailing the latest CFTC Commitments of Traders Report for the week ended January 14. We provide all Legacy and Disaggregated trader positions for natural gas, WTI, Brent, gasoline, heating oil and gasoil. Non-commercials increased net length in gasoline , but decreased in natural gas, WTI, Brent, heating oil and gasoil during the reference week. Non-commercials net length in natural gas declined by -23.3k to -192.9k in futures and decreased by -17.....
NORTH AMERICAN RIG WATCH
| January 17, 2020
January 17, 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 793 active rigs as of January 17, 2020, higher by +15 from the previous week. Oil rigs increased by +14 to 673 (ht: +12; vt-dir: +2), and gas-directed rigs increased by +1 to 120 (ht: -1; vt-dir: +2). Horizontal oil rigs increased by +3 in Bakken (ND), by +3 in Permian (TX), by +2 in Permian (NM) and by +6 in .....
EIA NG STORAGE REPORT
| January 16, 2020
January 16, 2020
The EIA reported a -109 bcf decrease in inventories this week, a 13 bcf larger draw than the Bloomberg median and 12 bcf higher than our expectations. Our East, Mountain and salt dome estimates were in line with the released numbers. We underestimated South Central non-salts, Midwest and Pacific draws. One Midwest model showed -34 bcf, and we labeled it an outlier. Pacific and South Central non-salt pulls were beyond the range of our models’ output. As access to capital becomes more difficult – .....
NGL MARKET RECAP
| January 15, 2020
January 15, 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.
U.S. NATURAL GAS TRADE AND POWER SECTOR DEMAND
| January 14, 2020
January 14, 2020
Dear , Please find below the link to this week's detailed natural gas trade and power sector demand estimates and highlights of reference week balances: For the week ending January 9, 2020, We are anticipating a -97 bcf withdrawal for Thursday’s natural gas storage report as indicated by our models. E: -41; MW: -30; MTN: -5; PAC: -6; SC: -15 (S:-3, NS: -12). There are currently 7 analysts reporting on Bloomberg with an average of -93 bcf. Over the next four weeks (incl. this week) we are anticip.....
CFTC COT
| January 10, 2020
January 10, 2020
Good afternoon , Please find below the links to data and charts detailing the latest CFTC Commitments of Traders Report for the week ended January 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 Brent, gasoline and gasoil , but decreased in natural gas, WTI and heating oil during the reference week. Non-commercials net length in natural gas fell by -3.3k to -169.6k in futures and d.....
NORTH AMERICAN RIG WATCH
| January 10, 2020
January 10, 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 778 active rigs as of January 10, 2020, lower by -15 from the previous week. Oil rigs decreased by -11 to 659 (ht: -1; vt-dir: -10), and gas-directed rigs decreased by -4 to 119 (ht: -2; vt-dir: -2). Horizontal oil rigs increased by +1 in Anadarko (OK) and by +1 in Eagle Ford (TX), while declining by -1 in Per.....
EIA NG STORAGE REPORT
| January 09, 2020
January 9, 2020
The EIA reported a -44 bcf decrease in inventories this week, a 6 bcf smaller draw than the Bloomberg median and 8 bcf below our expectations. Our East and South Central non-salt inventory changes that we were particularly concerned about came in line with the EIA numbers, while draws were overestimated in the remaining regions by 1-2 bcf for a total of 7 bcf (the sum of EIA’s regional components add up to 45 bcf)... Combined with a short market and lower number of rigs (horizontal gas rigs drop.....
NGL MARKET RECAP
| January 08, 2020
January 8, 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.
U.S. NATURAL GAS TRADE AND POWER SECTOR DEMAND
| January 07, 2020
January 7, 2020
Dear , Please find below the link to this week's detailed natural gas trade and power sector demand estimates and highlights of reference week balances: For the week ending January 2, 2020, We are anticipating a -52 bcf withdrawal for Thursday’s natural gas storage report as indicated by our models. E: -15; MW: -22; MTN: -8; PAC: -9; SC: +2 (S:+8, NS: -6). There are currently 2 analysts reporting on Bloomberg with an average of -52 bcf. Over the next four weeks (incl. this week) we are anticipat.....