TTF WEEKLY REVIEW
| June 29, 2025
June 27, 2025
Dear , Our European Gas Market Weekly Watch report, along with our European natural gas trade and storage estimates (in units of MMcm/d or bcf/d), offers a summary of key developments in the European gas market. Please find this week’s reports at the links below: European flows and storage inventories include nations in the EU-27 plus the United Kingdom, but exclude the Baltic states (Estonia, Latvia, and Lithuania), Nordic countries (Finland and Sweden), and island nations (Malta and Cyprus).
CFTC COT
| June 27, 2025
June 27, 2025
Please find below the links to data and charts detailing the latest CFTC Commitments of Traders Report for the week ended June 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, gasoline, heating oil and gasoil , but decreased in Brent during the reference week. Non-commercials net length in natural gas grew by +6.5k to +279.4k in futures and rose by +1.....
NORTH AMERICAN RIG WATCH
| June 27, 2025
June 27, 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 541 active rigs as of June 27, 2025, lower by -8 from the previous week. Oil rigs decreased by -6 to 432 (ht: -7; vt-dir: +1), and gas-directed rigs decreased by -2 to 109 (ht: +1; vt-dir: -3). Horizontal oil rigs decreased by -1 in Anadarko (OK), by -1 in Eagle Ford (TX), by -1 in Permian (TX) and by -4 in .....
EIA NG STORAGE REPORT
| June 26, 2025
June 26, 2025
Dear , The EIA reported a +96 bcf injection for the week ending June 19, 8 bcf less than our estimate of +88 bcf and 9 bcf smaller than Bloomberg’s median forecast of +87 bcf. Our models are currently showing storage activity of +56, +80, +56, +55, +48 and +47 bcf over the next six weeks for a total of +342 bcf, compared to +174 bcf for the same period last year and the five-year average of +236 bcf.
U.S. COAL DELIVERIES TO POWER PLANTS
| June 26, 2025
June 26, 2025
Dear , Please find below the link to U.S. Coal Deliveries to Electric Power Plants with data through April 2025. The report contains volume and price data where available. Data files include plant-level stocks. The chart below shows the 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.
NGL MARKET RECAP
| June 25, 2025
June 25, 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
| June 24, 2025
June 24, 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 June 19, 2025: We anticipate a +88 bcf injection for Thursday's natural gas storage report. Regional breakdown for the reference week: E: +28; MW: +29, MTN: +5, PAC: +8; SC: +18 (S: -3, NS: +21). There are currently 4 analysts reporting a median estimate of +88 on Bloom.....
TTF WEEKLY REVIEW
| June 20, 2025
June 20, 2025
Dear , Our European Gas Market Weekly Watch report, along with our European natural gas trade and storage estimates (in units of bcf/d or MMcm/d), offers a summary of key developments in the European gas market. Please find this week’s reports at the links below: 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.
NORTH AMERICAN RIG WATCH
| June 20, 2025
June 20, 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 549 active rigs as of June 20, 2025, lower by -3 from the previous week. Oil rigs decreased by -1 to 438 (ht: -1; vt-dir: unch), and gas-directed rigs decreased by -2 to 111 (ht: -1; vt-dir: -1). Horizontal oil rigs increased by +4 in Permian (NM), by +1 in Bakken (MT) and by +1 in Eagle Ford (TX), while dec.....
EIA NG STORAGE REPORT
| June 18, 2025
June 18, 2025
Dear , The EIA reported a +95 bcf injection for the week ending June 12, 3 bcf less than our estimate of +98 bcf and 2 bcf smaller than Bloomberg’s median forecast of +97 bcf. Our models are currently showing storage activity of +83, +48, +57, +59, +54 and +51 bcf over the next six weeks for a total of +352 bcf, compared to +212 bcf for the same period last year and the five-year average of +286 bcf.