CFTC COT | June 11, 2021

June 11, 2021

Please find below the links to data and charts detailing the latest CFTC Commitments of Traders Report for the week ended June 08. 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 and gasoil , but decreased in gasoline and heating oil during the reference week. Non-commercials net length in natural gas rose by +4.7k to +205.7k in futures and grew by +27.2k to +37.....


NORTH AMERICAN RIG WATCH | June 11, 2021

June 11, 2021

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 461 active rigs as of June 11, 2021, higher by +5 from the previous week. Oil rigs increased by +6 to 365 (ht: +7; vt-dir: -1), and gas-directed rigs decreased by -1 to 96 (ht: -2; vt-dir: +1). Horizontal oil rigs increased by +3 in Permian (NM) and by +4 in Other areas not associated with a specific play. Hor.....


EIA NG STORAGE REPORT | June 10, 2021

June 10, 2021

Dear , The EIA reported a +98 bcf injection, 1 bcf less than our call of +99 bcf and 2 bcf less than the Bloomberg median of +100 bcf. This week, we plan to publish the seasonal balances typically included in this report in Friday's NG End of Day Recap. This week's report includes extended storage tables with May's injection numbers. Our models are currently showing storage activity of: +72, +70, +60, +57 bcf over the next four weeks for a total of+259 bcf, compared to +331 bcf for the same per.....


NGL MARKET RECAP | June 09, 2021

June 09, 2021

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. Data and charts of the Mont Belvieu non-LST to FEI, Propane Arbitrage and Butane Arbitrage are not available today, due to an issue with our data provider.


SPECTRUM | June 08, 2021

June 8, 2021

Dear , Please find below the link to this week's detailed inventory forecast, our 4-wk storage outlook, along with natural gas trade and power sector demand estimates and highlights of reference week balances. For the week ending June 3, 2021, LCMC 4-wk NG storage estimate: +99, +73, +71, +62. Total +305 vs +368 LY and +327 5-yr avg. This week by region: E: +29; MW: +27; MTN: +7, PAC: +9; SC: +27 (S: +4, NS: +23). 4 analysts reported on BBG with an average of +100 bcf. Total net exports averaged.....


CFTC COT | June 04, 2021

June 4, 2021

Please find below the links to data and charts detailing the latest CFTC Commitments of Traders Report for the week ended June 01. 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 decreased by -10.2k to +201.1k in futures and grew by +0.3k to +.....


NORTH AMERICAN RIG WATCH | June 04, 2021

June 4, 2021

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 456 active rigs as of June 04, 2021, lower by -1 from the previous week. Oil rigs were unchanged at 359 (ht: +1; vt-dir: -1), and gas-directed rigs decreased by -1 to 97 (ht: -1; vt-dir: unch). Horizontal oil rigs increased by +2 in Permian (NM), by +1 in Bakken (ND), by +1 in Eagle Ford (TX) and by +1 in Othe.....


EIA NG STORAGE REPORT | June 03, 2021

June 3, 2021

Dear , The EIA reported a +98 bcf injection, equal to our call of +98 bcf and 3 bcf greater than the Bloomberg median of +95 bcf. Our models are currently showing storage activity of: +99, +76, +74, +70 bcf over the next four weeks for a total of+319 bcf, compared to +368 bcf for the same period last year and the five-year average of +327 bcf.


NGL MARKET RECAP | June 03, 2021

June 03, 2021

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. Data and charts of the Mont Belvieu non-LST to FEI, Propane Arbitrage and Butane Arbitrage are not available today, due to an issue with our data provider.


SPECTRUM | June 02, 2021

June 2, 2021

Dear , Please find below the link to this week's detailed inventory forecast, our 4-wk storage outlook, along with natural gas trade and power sector demand estimates and highlights of reference week balances. For the week ending May 27, 2021, LCMC 4-wk NG storage estimate: +98, +106, +75, +70. Total +349 vs +398 LY and +359 5-yr avg. This week by region: E: +26; MW: +27; MTN: +8, PAC: +11; SC: +26 (S: +3, NS: +23). 4 analysts reported on BBG with an average of +93 bcf. Total net exports average.....