CFTC COT
| February 07, 2025
February 07, 2025
Please find below the links to data and charts detailing the latest CFTC Commitments of Traders Report for the week ended February 04. 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 and heating oil , but decreased in natural gas, WTI, Brent and gasoil during the reference week. Non-commercials net length in natural gas decreased by -12.6k to +201.0k in futures an.....
NORTH AMERICAN RIG WATCH
| February 07, 2025
February 07, 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 580 active rigs as of February 07, 2025, higher by +3 from the previous week. Oil rigs increased by +1 to 480 (ht: +2; vt-dir: -1), and gas-directed rigs increased by +2 to 100 (ht: +1; vt-dir: +1). Horizontal oil rigs increased by +2 in Monterey (CA), by +1 in Eagle Ford (TX) and by +2 in Other areas not as.....
EUROPEAN NG TRADE
| February 07, 2025
February 07, 2025
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.
EIA NG STORAGE REPORT
| February 06, 2025
February 06, 2025
Dear , The EIA reported a -174 bcf withdrawal for the week ending January 30, exceeding our estimate of -163 bcf and Bloomberg’s median forecast of -171 bcf. Our models are currently showing storage activity of -90, -214, -187, -101, -87 and -62 bcf over the next six weeks for a total of -741 bcf, compared to -268 bcf for the same period last year and the five-year average of -609 bcf.
NGL MARKET RECAP
| February 05, 2025
February 05, 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
| February 04, 2025
February 04, 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 January 30, 2025: We anticipate a -163 bcf withdrawal for Thursday's natural gas storage report. Regional breakdown for the reference week: E: -40; MW: -59, MTN: -12, PAC: -15; SC: -37 (S: -7, NS: -30). There are currently 3 analysts analysts reporting on Bloomberg with.....
CFTC COT
| January 31, 2025
January 31, 2025
Please find below the links to data and charts detailing the latest CFTC Commitments of Traders Report for the week ended January 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 natural gas and Brent , but decreased in WTI, gasoline, heating oil and gasoil during the reference week. Non-commercials net length in natural gas declined by -0.8k to +213.5k in futures and .....
NORTH AMERICAN RIG WATCH
| January 31, 2025
January 31, 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 577 active rigs as of January 31, 2025, higher by +6 from the previous week. Oil rigs increased by +7 to 479 (ht: +9; vt-dir: -2), and gas-directed rigs decreased by -1 to 98 (ht: -1; vt-dir: unch). Horizontal oil rigs increased by +4 in Permian (NM), by +3 in Permian (TX), by +1 in Anadarko (OK), by +1 in B.....
EUROPEAN NG TRADE
| January 31, 2025
January 31, 2025
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.
EIA NG STORAGE REPORT
| January 31, 2025
January 30, 2025
Dear , The EIA reported a -321 bcf withdrawal for the week ending January 23, exceeding our estimate of -310 bcf and Bloomberg’s median forecast of -313 bcf. Our models are currently showing storage activity of -177, -109, -226, -140, -118 and -99 bcf over the next six weeks for a total of -869 bcf, compared to -383 bcf for the same period last year and the five-year average of -752 bcf.