CFTC COT | May 29, 2020

May 29, 2020

Please find below the links to data and charts detailing the latest CFTC Commitments of Traders Report for the week ended May 26. 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, heating oil and gasoil , but decreased in natural gas, Brent and gasoline during the reference week. Non-commercials net length in natural gas rose by +3.4k to +166.9k in futures and fell by -14.4k to +245.....


U.S. COAL DELIVERIES TO POWER PLANTS | May 29, 2020

June 2020

Dear , Please find below the link to U.S. Coal Deliveries to Electric Power Plants with data through March 2020. The report contains volume and price data where available. The chart below shows 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.


NORTH AMERICAN RIG WATCH | May 29, 2020

May 29, 2020

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 299 active rigs as of May 29, 2020, lower by -17 from the previous week. Oil rigs decreased by -15 to 222 (ht: -13; vt-dir: -2), and gas-directed rigs decreased by -2 to 77 (ht: -1; vt-dir: -1). Horizontal oil rigs increased by +1 in Anadarko (TX) and by +1 in Other areas not associated with a specific play, w.....


EIA NG STORAGE REPORT | May 28, 2020

May 28, 2020

Dear , The EIA reported an +109 bcf injection into inventory for the reference week, 9 bcf higher than our call of +100 bcf and 5 bcf higher than the Bloomberg median of +104 bcf. Our misses this week in the East and Midwest regions were larger than we would enjoy, however we were weary of weeks like this coming (as we mentioned on Tuesday) as our balancing items in both regions have grown since April... Our models are currently showing injections of: +103, +108, +82, +79 bcf over the next four .....


NGL MARKET RECAP | May 28, 2020

May 28, 2020

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. Note: 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 | May 27, 2020

May 27, 2020

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. This week's report also includes a detailed breakdown of Western Canada. For the week ending May 21, 2020, We are anticipating a +100 bcf injection for Thursday’s natural gas storage report as indicated by our models. E: +29; MW: +26; MTN: +7; PAC: +12; SC: +26 (S:+2, NS: +24). There are c.....


CFTC COT | May 22, 2020

May 22, 2020

Please find below the links to data and charts detailing the latest CFTC Commitments of Traders Report for the week ended May 19. 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, Brent, heating oil and gasoil , but decreased in natural gas and gasoline during the reference week. Non-commercials net length in natural gas fell by -17.6k to +163.5k in futures and decreased by -18.7k t.....


NORTH AMERICAN RIG WATCH | May 22, 2020

May 22, 2020

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 316 active rigs as of May 22, 2020, lower by -21 from the previous week. Oil rigs decreased by -21 to 237 (ht: -20; vt-dir: -1), and gas-directed rigs were unchanged at 79 (ht: -2; vt-dir: +2). Horizontal oil rigs decreased by -9 in Permian (TX), by -3 in Eagle Ford (TX), by -3 in Permian (NM), by -2 in Bakken.....


EIA NG STORAGE REPORT | May 22, 2020

May 21, 2020

Dear , The EIA reported an +81 bcf injection into inventory for the reference week, 2 bcf higher than our call of +81 bcf and 3 bcf lower than the Bloomberg median of +84 bcf. Our updated seasonal balances are included in this week's issue. South Central – the only region where we overestimated builds this week – has a high level of uncertainty in both supply and demand dynamics as the estimates rely on modelling...If the miss was primarily on the supply side, the most likely explanation is th.....


NGL MARKET RECAP | May 20, 2020

May 20, 2020

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. Note: 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.