CFTC COT
| December 31, 2025
December 31, 2025
Please find below the links to data and charts detailing the latest CFTC Commitments of Traders Report for the week ended December 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 and Brent , but decreased in natural gas, gasoline, heating oil and gasoil during the reference week. Non-commercials net length in natural gas fell by -52.6k to +79.4k in futures and dec.....
EIA NG STORAGE REPORT
| December 31, 2025
December 31, 2025
Dear , The EIA reported a -38 bcf withdrawal for the week ending December 25, 3 bcf lower with our estimate of -41 bcf and 13 bcf lower than Bloomberg’s median forecast of -51 bcf. Our models are currently showing storage activity of -139, -153, -211, -165, -158 and -156 bcf over the next six weeks for a total of -982 bcf, compared to -1,119 bcf for the same period last year and the five-year average of -973 bcf.
NGL MARKET RECAP
| December 31, 2025
December 31, 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
| December 30, 2025
December 30, 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 December 25, 2025: We anticipate a -41 bcf withdrawal for Wednesday's natural gas storage report. Regional breakdown for the reference week: E: -21; MW: -30; MTN: -2; PAC: +4; SC: +8 (S: +14; NS: -6). There are currently 5 analysts reporting a median estimate of -51 bcf.....
EIA NG STORAGE REPORT
| December 29, 2025
December 29, 2025
Dear , The EIA reported a -166 bcf withdrawal for the week ending December 18, in line with our estimate of -166 bcf and 3 bcf lower than Bloomberg’s median forecast of -169 bcf. Our models are currently showing storage activity of -41, -135, -162, -144, -156 and -146 bcf over the next six weeks for a total of -784 bcf, compared to -1,121 bcf for the same period last year and the five-year average of -945 bcf.
TTF WEEKLY REVIEW
| December 28, 2025
December 28, 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 island nations (Malta and Cyprus).
SPECTRUM
| December 27, 2025
December 26, 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 December 18, 2025: We anticipate a -166 bcf withdrawal for Monday's natural gas storage report. Regional breakdown for the reference week: E: -50; MW: -61; MTN: -4; PAC: 0; SC: -51 (S: -17; NS: -34). There are currently 7 analysts reporting a median estimate of -169 bcf.....
NORTH AMERICAN RIG WATCH
| December 26, 2025
December 23, 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 536 active rigs as of December 23, 2025, higher by +3 from the previous week. Oil rigs increased by +3 to 409 (ht: +1; vt-dir: +2), and gas-directed rigs were unchanged at 127 (ht: unch; vt-dir: unch). Horizontal oil rigs increased by +2 in Permian (TX) and by +1 in Other areas not associated with a specific p.....
U.S. COAL DELIVERIES TO POWER PLANTS
| December 25, 2025
December 25, 2025
Dear , Please find below the link to U.S. Coal Deliveries to Electric Power Plants with data through October 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.
CFTC COT
| December 23, 2025
December 23, 2025
Please find below the links to data and charts detailing the latest CFTC Commitments of Traders Report for the week ended December 16. We provide all Legacy and Disaggregated trader positions for natural gas, WTI, Brent, gasoline, heating oil and gasoil. Non-commercials decreased net length in natural gas, WTI, Brent, gasoline, heating oil and gasoil during the reference week. Non-commercials net length in natural gas fell by -71.4k to +132.1k in futures and decreased by -59.4k to.....