CFTC COT
| May 23, 2025
May 23, 2025
Please find below the links to data and charts detailing the latest CFTC Commitments of Traders Report for the week ended May 20. 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 heating oil , but decreased in natural gas, WTI and gasoil during the reference week. Non-commercials net length in natural gas fell by -22.3k to +195.1k in futures and decreas.....
TTF WEEKLY REVIEW
| May 23, 2025
May 23, 2025
Dear , Our European Gas Market Weekly Watch report, along with our European natural gas trade and storage estimates (in units of bcf/d or MMcm/d), offers a summary of key developments in the European gas market. Please find this week’s reports at the links below: 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.
NORTH AMERICAN RIG WATCH
| May 23, 2025
May 23, 2025
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 563 active rigs as of May 23, 2025, lower by -10 from the previous week. Oil rigs decreased by -8 to 465 (ht: -7; vt-dir: -1), and gas-directed rigs decreased by -2 to 98 (ht: -2; vt-dir: unch). Horizontal oil rigs increased by +1 in Anadarko (OK), while declining by -3 in Permian (NM), by -2 in Bakken (ND),.....
EIA NG STORAGE REPORT
| May 23, 2025
May 22, 2025
Dear , The EIA reported a +120 bcf injection for the week ending May 15, compared to our estimate of +117 bcf and Bloomberg’s median forecast of +119 bcf. Our models are currently showing storage activity of +102, +107, +103, +99, +96 and +83 bcf over the next six weeks for a total of +590 bcf, compared to +421 bcf for the same period last year and the five-year average of +496 bcf.
NGL MARKET RECAP
| May 21, 2025
May 21, 2025
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 20, 2025
May 20, 2025
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 15, 2025: We anticipate a +117 bcf injection for Thursday's natural gas storage report. Regional breakdown for the reference week: E: +35; MW: +29, MTN: +6, PAC: +6; SC: +41 (S: +16, NS: +25). There are currently 2 analysts reporting an average estimate of +120 on B.....
TTF WEEKLY REVIEW
| May 16, 2025
May 16, 2025
Dear , Our European Gas Market Weekly Watch report, along with our European natural gas trade and storage estimates (in units of bcf/d or MMcm/d), offers a summary of key developments in the European gas market. Please find this week’s reports at the links below: 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 16, 2025
May 16, 2025
Please find below the links to data and charts detailing the latest CFTC Commitments of Traders Report for the week ended May 13. 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, Brent, gasoline and heating oil , but decreased in gasoil during the reference week. Non-commercials net length in natural gas rose by +13.6k to +217.5k in futures and grew by +1.....
NORTH AMERICAN RIG WATCH
| May 16, 2025
May 16, 2025
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 573 active rigs as of May 16, 2025, lower by -2 from the previous week. Oil rigs decreased by -1 to 473 (ht: unch; vt-dir: -1), and gas-directed rigs decreased by -1 to 100 (ht: -2; vt-dir: +1). Horizontal oil rigs increased by +1 in Barnett Combo (TX) and by +1 in Permian (TX), while declining by -1 in Eagl.....
NGL MARKET RECAP
| May 14, 2025
May 14, 2025
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.