SPECTRUM
| January 30, 2024
January 30, 2024
Dear , Please find below the link to this week's natural gas trade and power sector demand estimates. For the week ending January 25, 2024: Total net exports averaged 11.29 bcf/d, up by 1.72 bcf/d from the prior week. During the same week last year, U.S. net exports averaged 11.96 bcf/d. Average natural gas demand in the power sector was 38.27 bcf/d, down by 0.98 bcf/d week-on-week. During the reference week, the contiguous US observed 151.3 electric-weighted HDDs, down by 45.5 electric-weighted.....
CFTC COT
| January 26, 2024
January 26, 2024
Please find below the links to data and charts detailing the latest CFTC Commitments of Traders Report for the week ended January 23. We provide all Legacy and Disaggregated trader positions for natural gas, WTI, Brent, gasoline, heating oil and gasoil. Non-commercials increased net length in WTI, gasoline and gasoil , but decreased in natural gas, Brent and heating oil during the reference week. Non-commercials net length in natural gas declined by -46.5k to -58.7k in futures and .....
NORTH AMERICAN RIG WATCH
| January 26, 2024
January 26, 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 618 active rigs as of January 26, 2024, higher by +1 from the previous week. Oil rigs increased by +2 to 499 (ht: +1; vt-dir: +1), and gas-directed rigs decreased by -1 to 119 (ht: -2; vt-dir: +1). Horizontal oil rigs increased by +1 in Bakken (MT), by +1 in Permian (NM) and by +1 in Permian (TX), while decl.....
EUROPEAN NG TRADE
| January 26, 2024
January 26, 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
| January 25, 2024
January 25, 2024
Dear , The EIA reported a withdrawal of -326 bcf, 8 bcf higher than Bloomberg’s median estimate of -318 bcf. Please find the link below to the storage stats.
NGL MARKET RECAP
| January 24, 2024
January 24, 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
| January 23, 2024
January 23, 2024
Dear , Please find below the link to this week's natural gas trade and power sector demand estimates. For the week ending January 18, 2024: Total net exports averaged 9.56 bcf/d, down by 4.51 bcf/d from the prior week. During the same week last year, U.S. net exports averaged 11.79 bcf/d. Average natural gas demand in the power sector was 39.37 bcf/d, up by 5.95 bcf/d week-on-week. During the reference week, the contiguous US observed 196.8 electric-weighted HDDs, up by 57 electric-weighted HDDs.....
CFTC COT
| January 19, 2024
January 19, 2024
Please find below the links to data and charts detailing the latest CFTC Commitments of Traders Report for the week ended January 16. 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 grew by +21.2k to -12.2k in futures and incr.....
NORTH AMERICAN RIG WATCH
| January 19, 2024
January 19, 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 617 active rigs as of January 19, 2024, higher by +1 from the previous week. Oil rigs decreased by -2 to 497 (ht: -4; vt-dir: +2), and gas-directed rigs increased by +3 to 120 (ht: +3; vt-dir: unch). Horizontal oil rigs increased by +2 in Permian (NM), by +1 in Anadarko (KS) and by +2 in Other areas not asso.....
EUROPEAN NG TRADE
| January 19, 2024
January 19, 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.