NGL MARKET RECAP
| October 02, 2024
October 02, 2024
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
| October 01, 2024
October 01, 2024
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 September 26, 2024: LCMC 6-wk NG storage estimate: +57, +70, +75, +73, +51, and +34 bcf. Total +360 bcf vs +442 bcf LY and +459 bcf 5-yr avg. This week by region: E: +28; MW: +22, MTN: +5, PAC: +4; SC: -2 (S: -3, NS: +1). There are currently 2 analysts reporting on Bloo.....
CFTC COT
| September 27, 2024
September 27, 2024
Please find below the links to data and charts detailing the latest CFTC Commitments of Traders Report for the week ended September 24. 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 gasoil , but decreased in heating oil during the reference week. Non-commercials net length in natural gas grew by +13.2k to +45.0k in futures and incre.....
NORTH AMERICAN RIG WATCH
| September 27, 2024
September 27, 2024
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 583 active rigs as of September 27, 2024, lower by -1 from the previous week. Oil rigs decreased by -4 to 484 (ht: -2; vt-dir: -2), and gas-directed rigs increased by +3 to 99 (ht: +2; vt-dir: +1). Horizontal oil rigs increased by +1 in Permian (TX) and by +1 in Other areas not associated with a specific pla.....
EUROPEAN NG TRADE
| September 27, 2024
September 27, 2024
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
| September 27, 2024
September 27, 2024
Dear , The EIA reported an injection of +47 bcf for the week ending September 19, 4 bcf lower than our prediction of +51 and 5 bcf smaller than Bloomberg’s median estimate of +52 bcf. Our models are currently showing storage activity of +52, +61, +63, +63, +50 and +32 bcf over the next six weeks for a total of +321 bcf, compared to +442 bcf for the same period last year and the five-year average of +459 bcf.
NGL MARKET RECAP
| September 25, 2024
September 25, 2024
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
| September 25, 2024
September 25, 2024
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 September 19, 2024: LCMC 6-wk NG storage estimate: +51, +55, +71, +64, +63, and +48 bcf. Total +352 bcf vs +507 bcf LY and +515 bcf 5-yr avg. This week by region: E: +20; MW: +23, MTN: +4, PAC: +5; SC: -1 (S: unch, NS: -1). There are currently 4 analysts reporting on Bl.....
CFTC COT
| September 20, 2024
September 20, 2024
Please find below the links to data and charts detailing the latest CFTC Commitments of Traders Report for the week ended September 17. 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, gasoline and gasoil , but decreased in Brent and heating oil during the reference week. Non-commercials net length in natural gas grew by +5.2k to +31.8k in futures and inc.....
NORTH AMERICAN RIG WATCH
| September 20, 2024
September 20, 2024
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 584 active rigs as of September 20, 2024, lower by -1 from the previous week. Oil rigs were unchanged at 488 (ht: +1; vt-dir: -1), and gas-directed rigs decreased by -1 to 96 (ht: -1; vt-dir: unch). Horizontal oil rigs increased by +2 in Eagle Ford (TX) and by +2 in Permian (TX), while declining by -1 in Per.....