CFTC COT
| October 05, 2018
Commitments of Traders Report – October 05, 2018
Please find attached data and charts detailing the latest CFTC Commitments of Traders Report for the week ended October 02. 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, natural gas and heating oil , but decreased in Brent, gasoil and WTI during the reference week. Non-commercials net length in natural gas increased by +13.3k to +234.3k in futures and grew by +1.....
NORTH AMERICAN RIG WATCH
| October 05, 2018
October 5, 2018
US: Baker Hughes shows 1050 active rigs as of October 05, 2018, lower by -2 from the previous week. Oil rigs decreased by -2 to 861 (ht: -4; vt-dir: +2), and gas-directed rigs were unchanged at 189 (ht: +1; vt-dir: -1). Horizontal oil rigs increased by +2 in Permian (NM) and by +1 in Anadarko (TX), while declining by -3 in Eagle Ford (TX), by -2 in Permian (TX), by -1 in Bakken (ND) and by -1 in Other areas not associated with a specific play. Horizontal gas rigs increased by +1 in Marcellus ( .....
EIA NG STORAGE REPORT
| October 04, 2018
October 4, 2018
The EIA reported a +98 bcf net build in inventory this week. The injection was +10 bcf higher than our estimate and +11 bcf higher than the Bloomberg median. The majority of our error this week was again in the South Central, the +22 bcf injection was +8 bcf more than our models expected, while last week our models showed a -7 bcf underestimate in draws. The 33 bcf swing week over week and large forecast error in this region suggests we may need to take a more detailed look at our South Centra.....
NGL MARKET RECAP
| October 03, 2018
October 3, 2018
Attached is this week’s NGL Market Recap, which provides an overview of U.S. propane statistics as well as global LPG prices, ratios and fractionation spreads.
U.S. NATURAL GAS TRADE AND POWER SECTOR DEMAND
| October 02, 2018
October 2, 2018
Please find the attached data and charts detailing U.S. gas imports and power demand for the week ended September 27, 2018. Total net imports for the reference week averaged -2.75 bcf/d, up +0.15 bcf/d week-on-week. During the same week last year, U.S. net imports averaged -1.20 bcf/d. Average natural gas demand in the power sector was 31.9 bcf/d, down by -6.0 bcf/d week-over-week. During the reference week, the contiguous US observed 47 population weighted CDDs, down by -28 week over week.
WEEKLY NG MARKET COMMENTARY
| September 30, 2018
September 30, 2018
Please follow the link below to find our weekly natural gas commentary report, highlighting key trends in this week’s natural gas market.
CFTC COT
| September 28, 2018
Commitments of Traders Report – September 28, 2018
Please find attached data and charts detailing the latest CFTC Commitments of Traders Report for the week ended September 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 Brent, gasoline, natural gas, gasoil, heating oil and WTI during the reference week. Non-commercials net length in natural gas increased by +45.8k to +215.7k in futures and grew by +48.4k to +177.4k in .....
NORTH AMERICAN RIG WATCH
| September 28, 2018
September 28, 2018
US: Baker Hughes shows 1052 active rigs as of September 28, 2018, unchanged from the previous week. Oil rigs decreased by -3 to 863 (ht: +2; vt-dir: -5), and gas-directed rigs increased by +3 to 189 (ht: +1; vt-dir: +2). Horizontal oil rigs increased by +7 in Anadarko (OK), while declining by -3 in Anadarko (TX), by -1 in Permian (NM) and by -1 in Permian (TX). Horizontal gas rigs increased by +2 in Haynesville (LA), while declining by -1 in Granite Wash (OK). Canada: Baker Hughes shows 178 .....
EIA NG STORAGE REPORT
| September 27, 2018
September 27, 2018
The EIA reported a +46 bcf net build in inventory this week. The injection was -8 bcf lower than our estimate and -15 bcf lower than the Bloomberg median. The majority of our error is attributable to the -11 bcf draw from salt cavern storage this week, which was 6 bcf more than our model expected. Our preliminary estimate for next week’s number is an injection is in the mid-80 bcf range. Transco’s surprising system storage report published on Monday showing a net draw from inventory this w.....
NGL MARKET RECAP
| September 26, 2018
September 26, 2018
Attached is this week’s NGL Market Recap, which provides an overview of U.S. propane statistics as well as global LPG prices, ratios and fractionation spreads.