EIA NG STORAGE REPORT
| August 04, 2023
August 03, 2023
Dear , The EIA reported a +14 bcf injection, 4 bcf lower than our prediction and Bloomberg’s median estimate of +18 bcf. Our models are currently showing storage activity of +24, +28, +28, +46, +62, and +70 bcf over the next six weeks for a total of +257 bcf, compared to +309 bcf for the same period last year and the five-year average of +323 bcf.
NGL MARKET RECAP
| August 02, 2023
August 02, 2023
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
| August 01, 2023
August 01, 2023
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 July 27, 2023: LCMC 6-wk NG storage estimate: +18, +37, +44, +16, +55, and +66 bcf. Total +236 bcf vs +272 bcf LY and +284 bcf 5-yr avg. This week by region: E: +11; MW: +15, MTN: +2, PAC: -1; SC: -9 (S: -8, NS: -1). Total net exports averaged 12.66 bcf/d, down by 0.29 .....
CFTC COT
| July 28, 2023
July 28, 2023
Please find below the links to data and charts detailing the latest CFTC Commitments of Traders Report for the week ended July 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 natural gas, WTI, Brent, gasoline, heating oil and gasoil during the reference week. Non-commercials net length in natural gas decreased by -3.1k to +20.2k in futures and rose by +4.2k to +139.5.....
EUROPEAN NG TRADE
| July 28, 2023
July 28, 2023
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.
NORTH AMERICAN RIG WATCH
| July 28, 2023
July 28, 2023
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 657 active rigs as of July 28, 2023, lower by -4 from the previous week. Oil rigs decreased by -1 to 529 (ht: -5; vt-dir: +4), and gas-directed rigs decreased by -3 to 128 (ht: -4; vt-dir: +1). Horizontal oil rigs increased by +1 in Anadarko (TX) and by +1 in Permian (TX), while declining by -2 in Eagle Ford.....
EIA NG STORAGE REPORT
| July 27, 2023
July 27, 2023
Dear , The EIA reported a +16 bcf injection, 1 bcf higher than our call of +15 bcf and 2 greater than Bloomberg’s median estimate of +14 bcf. Our models are currently showing storage activity of +20, +12, +27, +44, +54, and +59 bcf over the next six weeks for a total of +216 bcf, compared to +272 bcf for the same period last year and the five-year average of +284 bcf.
SPECTRUM
| July 27, 2023
July 26, 2023
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 July 20, 2023: LCMC 6-wk NG storage estimate: +15, +13, +8, +27, +42, and +52 bcf. Total +157 bcf vs +235 bcf LY and +255 bcf 5-yr avg. This week by region: E: +9; MW: +16, MTN: +3, PAC: -1; SC: -12 (S: -10, NS: -2). Total net exports averaged 12.95 bcf/d, down by 0.16 .....
U.S. COAL DELIVERIES TO POWER PLANTS
| July 26, 2023
July 26, 2023
Dear , Please find below the link to U.S. Coal Deliveries to Electric Power Plants with data through May 2023. The report contains volume and price data where available. Data files include plant-level stocks. The chart below shows the volume-weighted average cost of delivered coal. Prices ($/mmbtu) are on the left axis, volumes (millions short tons) are on the right axis. That is aggregate data for all ranks and all destinations listed in the report.
NGL MARKET RECAP
| July 26, 2023
July 26, 2023
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.