CFTC COT
| June 16, 2014
Commitments of Traders Report – June 16, 2014
Please find attached data and charts detailing the latest CFTC Commitments of Traders Report for the week ended June 10. We provide all Legacy and Disaggregated trader positions for natural gas, WTI , Brent, gasoline and heating oil. Non-commercials increased net length in Brent and WTI , but decreased in natural gas, heating oil and gasoline during the reference week. Non-commercials net length in natural gas declined by -1.2k to +316.6k in futures and fell by -3.0k to +434.8k in fut.....
NORTH AMERICAN RIG WATCH
| June 13, 2014
June 13, 2014
Baker Hughes shows 1,852 active rigs as of June 13, 2014, lower by -4 from the previous week. The number of oil rigs increased by +6 at 1,542 (ht: +6; vt-dir: 0) while gas-directed rigs decreased by -10 to 310 (ht: -8; vt-dir: -2). Horizontal oil rigs increased by +2 to 191 in the Eagle Ford (TX) and the vertical/directional oil rigs increased by +5 to 13 in the Anadarko (OK). Gas-directed horizontal rigs increased by +3 to 22 in Marcellus ( NEPA ).
EIA NG STORAGE REPORT
| June 12, 2014
June 12, 2014
EIA reported a +107 bcf injection for the week ending June 6 (Bloomberg median +111 bcf, Bloomberg whisper: +111 bcf). The 23 estimates submitted to Bloomberg varied from +101 bcf to +114 bcf with a standard deviation of 3 bcf. Our model showed +118 bcf. Nationwide natural gas-weighted HDDs decreased by -6 to 7, while nationwide electricity-weighted cooling degree days reported by NOAA increased by +8 to 45 CDDs. Total US: +107 bcf ( LCMC : +118 bcf, Bloomberg median: +111 bcf) East: +65 .....
NGL MARKET RECAP
| June 11, 2014
June 11, 2014
Propane: US propane inventories increased by +3.4m bbl to 49.2m bbl for the week ended June 6, 2014. PADD 3 inventories increased +10%, or +2.5m bbl, to 27.2m bbl. PADD 2 stocks increased by +3%, or +483k bbl, to 16.6m bbl. In PADD 1, stocks increased by +5% or +154k bbl to 3.4m bbl. Implied demand increased +6% to 760 kb/d; imports increased +41% to 55 kb/d and production fell -1% to 1.50 mb/d last week. In Focus: Expanded charts This week we have included our expanded charts, inclu.....
CFTC COT
| June 09, 2014
Commitments of Traders Report – June 09, 2014
Please find attached data and charts detailing the latest CFTC Commitments of Traders Report for the week ended June 03. We provide all Legacy and Disaggregated trader positions for natural gas, WTI , Brent, gasoline and heating oil. Non-commercials increased net length in gasoline , but decreased in natural gas, heating oil, Brent and WTI during the reference week. Non-commercials net length in natural gas decreased by -21.0k to +317.9k in futures and declined by -11.7k to +437.8k in.....
NORTH AMERICAN RIG WATCH
| June 06, 2014
June 6, 2014
Baker Hughes shows 1,856 active rigs as of June 6, 2014, lower by -6 from the previous week. The number of oil rigs remained constant at 1,536 (ht: +1; vt-dir: -1) while gas-directed rigs decreased by -6 to 320 (ht: -2; vt-dir: -4). Horizontal oil rigs decreased by -5 to 189 in the Eagle Ford (TX) but increased by +4 to 64 in the Permian (NM). Gas-directed horizontal rigs increased by +2 to 19 in Barnett (TX).
EIA NG STORAGE REPORT
| June 05, 2014
June 5, 2014
Please note our extended U.S. tables covering the injection season are included in the attachment. We overwrite weekly estimates with monthly releases as data becomes available. EIA reported a +119 bcf injection for the week ending May 30 (Bloomberg median +116 bcf, Bloomberg whisper: +115 bcf). The 25 estimates submitted to Bloomberg varied from +107 bcf to +125 bcf with a standard deviation of 4 bcf. Our model showed +121 bcf. Nationwide natural gas-weighted HDDs decreased by -23 to 13, w.....
NGL MARKET RECAP
| June 04, 2014
June 4, 2014
In Focus: March EIA stat highlights Total U.S. gas plant NGL production increased +4% in March to 2,793 kb/d, and was up +13% compared to 2013. Production in the Marcellus was up +6% m-o-m and +155% y-o-y at 168 kb/d. Bakken production increased +5% to 62 kb/d in March and was +27% higher compared to last year. Texas Inland gas plant production was +12% higher y-o-y at 1,192 kb/d.
CFTC COT
| June 02, 2014
Commitments of Traders Report – June 02, 2014
Please find attached data and charts detailing the latest CFTC Commitments of Traders Report for the week ended May 27. We provide all Legacy and Disaggregated trader positions for natural gas, WTI , Brent, gasoline and heating oil. Non-commercials increased net length in heating oil, Brent and WTI , but decreased in natural gas and gasoline during the reference week. Non-commercials net length in natural gas fell by -10.7k to +338.9k in futures and declined by -21.3k to +449.5k in fu.....
NORTH AMERICAN RIG WATCH
| May 30, 2014
May 30, 2014
Baker Hughes shows 1,862 active rigs as of May 30, 2014, higher by +9 from the previous week. Oil rigs increased by +8 to 1,536 (ht: +9; vt-dir: -1) while gas-directed rigs increased by +1 to 326 (ht: -1; vt-dir: +2). Horizontal oil rigs increased by +8 to 194 in the Eagle Ford (TX) and vertical/directional oil rigs increased by +4 to 220 in the Permian (TX). Gas-directed horizontal rigs increased by +3 to 19 in Granite Wash (TX).