SPECTRUM
| September 11, 2024
September 11, 2024
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 September 5, 2024: LCMC 6-wk NG storage estimate: +43, +53, +51, +59, +71, and +75 bcf. Total +352 bcf vs +460 bcf LY and +519 bcf 5-yr avg. This week by region: E: +19; MW: +21, MTN: +4, PAC: -2; SC: +1 (S: +1, NS: unch). There are currently 3 analysts reporting on Blo.....
CFTC COT
| September 06, 2024
September 06, 2024
Please find below the links to data and charts detailing the latest CFTC Commitments of Traders Report for the week ended September 03. 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 and Brent , but decreased in WTI, gasoline, heating oil and gasoil during the reference week. Non-commercials net length in natural gas grew by +13.7k to +3.1k in futures and ros.....
NORTH AMERICAN RIG WATCH
| September 06, 2024
September 06, 2024
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 577 active rigs as of September 06, 2024, lower by -1 from the previous week. Oil rigs were unchanged at 483 (ht: +2; vt-dir: -2), and gas-directed rigs decreased by -1 to 94 (ht: -3; vt-dir: +2). Horizontal oil rigs increased by +3 in Permian (TX), while declining by -1 in Other areas not associated with a .....
EUROPEAN NG TRADE
| September 06, 2024
September 06, 2024
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.
NGL MARKET RECAP
| September 05, 2024
September 05, 2024 [CORRECTION]
Dear , Correction: The charts for NGL prices, arbitrages, spreads, and ratios have been updated to include the latest data. 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
| September 04, 2024
September 03, 2024
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 August 29, 2024: LCMC 6-wk NG storage estimate: +25, +49, +61, +31, +64, and +68 bcf. Total +298 bcf vs +400 bcf LY and +480 bcf 5-yr avg. This week by region: E: +10; MW: +13, MTN: +5, PAC: +2; SC: -5 (S: -3, NS: -2). There are currently no analysts reporting on Bloomb.....
CFTC COT
| August 30, 2024
August 30, 2024
Please find below the links to data and charts detailing the latest CFTC Commitments of Traders Report for the week ended August 27. We provide all Legacy and Disaggregated trader positions for natural gas, WTI, Brent, gasoline, heating oil and gasoil. Non-commercials increased net length in Brent, gasoline and heating oil , but decreased in natural gas, WTI and gasoil during the reference week. Non-commercials net length in natural gas declined by -32.3k to -10.6k in futures and d.....
NORTH AMERICAN RIG WATCH
| August 30, 2024
August 30, 2024
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 578 active rigs as of August 30, 2024, lower by -2 from the previous week. Oil rigs were unchanged at 483 (ht: -1; vt-dir: +1), and gas-directed rigs decreased by -2 to 95 (ht: -2; vt-dir: unch). Horizontal oil rigs increased by +1 in Anadarko (OK), while declining by -1 in Permian (NM) and by -1 in Permian .....
EUROPEAN NG TRADE
| August 30, 2024
August 30, 2024
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
| August 30, 2024
August 29, 2024
Dear , The EIA reported an injection of +35 bcf for the week ending August 22, 5 bcf lower than our prediction of +40 bcf and in line with Bloomberg’s median estimate of +35 bcf. Our models are currently showing storage activity of +28, +44, +42, +61, +62 and +68 bcf over the next six weeks for a total of +305 bcf, compared to 400 bcf for the same period last year and the five-year average of +480 bcf.