EIA NG STORAGE REPORT
| July 14, 2016
July 14, 2016
The EIA reported a +64 bcf injection for the week ending July 7, coming in line with our own number and the Bloomberg median at +62 bcf. At a regional level, we missed the South Central injection with the second shoe dropping in the East. This is the second week in a row where we failed to account for interregional dynamics (last week’s breakdown missed the South Central – Midwest pair). Figure 1 helps us visually determine the price level where NG started to lose ground to coal in MI.....
NGL MARKET RECAP
| July 13, 2016
July 13, 2016
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
| July 12, 2016
July 12, 2016
Please find attached data and charts detailing U. S. gas imports and power demand for the week ended July 7, 2016. Total net imports for the reference week averaged 1.28 bcf/d, lower by -0.19 bcf/d week-on-week. During the same week last year, U.S. net imports averaged 2.27 bcf/d. Average natural gas demand in the power sector was 31.4 bcf/d, lower by -2.0 bcf/d week-over-week. During the reference week, the contiguous US observed 84 population-weighted CDDs, flat week over week.
CFTC COT
| July 11, 2016
Commitments of Traders Report – July 11, 2016
Please find attached data and charts detailing the latest CFTC Commitments of Traders Report for the week ended July 05. We provide all Legacy and Disaggregated trader positions for natural gas, WTI , Brent, gasoline, heating oil and gasoil. Non-commercials decreased net length in Brent, gasoline, natural gas, gasoil, heating oil and WTI during the reference week. Non-commercials net length in natural gas fell by -1.7k to +150.5k in futures and declined by -1.6k to +169.3k in futures .....
NORTH AMERICAN RIG WATCH
| July 08, 2016
July 8, 2016
Baker Hughes shows 439 active rigs as of July 8, 2016, higher by +9 from the previous week. Oil rigs increased by +10 to 351 (ht: +10; vt-dir: unch), while gas-directed rigs decreased by -1 to 88 (ht: +1; vt-dir: -2). Horizontal oil rigs increased by +2 in Permian (TX), by +2 in Bakken(MT) and by +3 in Other. Horizontal gas rigs increased by +1 in Wyoming.
EIA NG STORAGE REPORT
| July 07, 2016
July 7, 2016
The EIA reported a +39 bcf injection for the week ending June 30, coming in line with our own number and below the Bloomberg median at +42 bcf. At a regional level, we underestimated injections in the Midwest while allocating a smaller draw to South Central. There will be no commentary this week. Please note our extended U.S. and Canada tables covering the injection season are included in the attachment.
NGL MARKET RECAP
| July 07, 2016
July 7, 2016
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. This week’s report includes extended monthly charts and tables.
U.S. NATURAL GAS TRADE AND POWER SECTOR DEMAND
| July 05, 2016
July 5, 2016
Please find attached data and charts detailing U. S. gas imports and power demand for the week ended June 30, 2016. Total net imports for the reference week averaged 1.47 bcf/d, lower by -0.11 bcf/d week-on-week. During the same week last year, U.S. net imports averaged 2.34 bcf/d. Average natural gas demand in the power sector was 33.4 bcf/d, higher by +0.1 bcf/d week-over-week. During the reference week, the contiguous US observed 84 population-weighted CDDs, higher by +2 from the previou.....
CFTC COT
| July 04, 2016
Commitments of Traders Report – July 04, 2016
Please find attached data and charts detailing the latest CFTC Commitments of Traders Report for the week ended June 28. 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 gasoil , but decreased in Brent, heating oil and WTI during the reference week. Non-commercials net length in natural gas increased by +19.3k to +152.2k in futures and grew by +15.2.....
NORTH AMERICAN RIG WATCH
| July 01, 2016
July 1, 2016
Baker Hughes shows 430 active rigs as of July 1, 2016, higher by +10 from the previous week. Oil rigs increased by +11 to 341 (ht: +8; vt-dir: +3), while gas-directed rigs decreased by -1 to 89 (ht: -1; vt-dir: unch). Horizontal oil rigs increased by +4 in Permian (TX), by +3 in Anadarko (OK) and by +2 in Colorado. Horizontal gas rigs decreased by -1 in Haynesville (TX).