NGL MARKET RECAP
| May 30, 2024
May 30, 2024
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.
SPECTRUM
| May 30, 2024
May 30, 2024
Dear , Please find below the link to this week's detailed inventory forecast, our 6-wk storage outlook, along with natural gas trade and power sector demand estimates and highlights of reference week balances. For the week ending May 23, 2024: LCMC 6-wk NG storage estimate: +82, +84, +63, +55, +32, and +19 bcf. Total +335 bcf vs +551 bcf LY and +533 bcf 5-yr avg. This week by region: E: +27; MW: +27, MTN: +6, PAC: +9; SC: +13 (S: +6, NS: +7). There are currently 12 analysts reporting on Bloomber.....
NORTH AMERICAN RIG WATCH
| May 28, 2024
May 24, 2024
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 596 active rigs as of May 24, 2024, lower by -4 from the previous week. Oil rigs were unchanged at 497 (ht: -3; vt-dir: +3), and gas-directed rigs decreased by -4 to 99 (ht: -5; vt-dir: +1). Horizontal oil rigs increased by +1 in Permian (NM), while declining by -1 in Anadarko (OK), by -1 in Eagle Ford (TX), b.....
EUROPEAN NG TRADE
| May 24, 2024
May 24, 2024
Dear , Please find below the link to this week's European natural gas trade and storage estimates, either in units of bcf/d or MMcm/d. European flows and storage inventories include nations in the EU-27 plus the United Kingdom, but discount the five Baltic States (Estonia, Finland, Latvia, Lithuania, and Sweden), as well as Malta and Cyprus.
CFTC COT
| May 24, 2024
May 24, 2024
Please find below the links to data and charts detailing the latest CFTC Commitments of Traders Report for the week ended May 21. 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, WTI, heating oil and gasoil , but decreased in Brent and gasoline during the reference week. Non-commercials net length in natural gas rose by +12.5k to +57.4k in futures and increase.....
EIA NG STORAGE REPORT
| May 23, 2024
May 23, 2024
Dear , The EIA reported a +78 bcf injection for the week ending May 16, 3 bcf less than our prediction of +81 bcf and 5 bcf less than Bloomberg’s median estimate of +83 bcf. Our models are currently showing storage activity of +76, +77, +60, +47, +32 and +19 bcf over the next six weeks for a total of +313 bcf, compared to +551 bcf for the same period last year and the five-year average of +533 bcf.
SPECTRUM
| May 23, 2024
May 23, 2024
Dear , Please find below the link to this week's detailed inventory forecast, our 6-wk storage outlook, along with natural gas trade and power sector demand estimates and highlights of reference week balances. For the week ending May 16, 2024: LCMC 6-wk NG storage estimate: +81, +71, +64, +47, +32, and +20 bcf. Total +315 bcf vs +572 bcf LY and +556 bcf 5-yr avg. This week by region: E: +27; MW: +25, MTN: +6, PAC: +7; SC: +16 (S: +6, NS: +10). There are currently 10 analysts reporting on Bloombe.....
NGL MARKET RECAP
| May 22, 2024
May 22, 2024
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.
CFTC COT
| May 17, 2024
May 17, 2024
Please find below the links to data and charts detailing the latest CFTC Commitments of Traders Report for the week ended May 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 natural gas, WTI, heating oil and gasoil , but decreased in Brent and gasoline during the reference week. Non-commercials net length in natural gas grew by +23.9k to +44.9k in futures and increase.....
EIA NG STORAGE REPORT
| May 16, 2024
May 16, 2024
Dear , The EIA reported a +70 bcf injection for the week ending May 9, 2 bcf more than our prediction of +68 bcf and 7 bcf less than Bloomberg’s median estimate of +77 bcf. Our models are currently showing storage activity of +70, +73, +56, +42, +32 and +23 bcf over the next six weeks for a total of +295 bcf, compared to +572 bcf for the same period last year and the five-year average of +556 bcf.