CFTC COT
| February 14, 2025
February 14, 2025
Please find below the links to data and charts detailing the latest CFTC Commitments of Traders Report for the week ended February 11. 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, heating oil and gasoil , but decreased in WTI, Brent and gasoline during the reference week. Non-commercials net length in natural gas increased by +25.5k to +226.4k in futures an.....
NORTH AMERICAN RIG WATCH
| February 14, 2025
February 14, 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 582 active rigs as of February 14, 2025, higher by +2 from the previous week. Oil rigs increased by +1 to 481 (ht: unch; vt-dir: +1), and gas-directed rigs increased by +1 to 101 (ht: unch; vt-dir: +1). Horizontal oil rigs increased by +1 in Permian (TX), while declining by -1 in Bakken (ND). Horizontal gas .....
EUROPEAN NG TRADE
| February 14, 2025
February 14, 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 13, 2025
February 13, 2025
Dear , The EIA reported a -100 bcf withdrawal for the week ending February 6, exceeding our estimate of -85 bcf and Bloomberg’s median forecast of -93 bcf. Our models are currently showing storage activity of -204, -293, -126, -70, -60 and -30 bcf over the next six weeks for a total of -783 bcf, compared to -238 bcf for the same period last year and the five-year average of -494 bcf.
NGL MARKET RECAP
| February 12, 2025
February 12, 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 11, 2025
February 11, 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 February 6, 2025: We anticipate a -85 bcf withdrawal for Thursday's natural gas storage report. Regional breakdown for the reference week: E: -39; MW: -40, MTN: -5, PAC: -4; SC: +3 (S: +14, NS: -11). There are currently 3 analysts analysts reporting on Bloomberg with a .....
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.