CFTC COT
| June 21, 2021
June 21, 2021
Please find below the links to data and charts detailing the latest CFTC Commitments of Traders Report for the week ended June 15. 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, Brent and heating oil , but decreased in gasoline and gasoil during the reference week. Non-commercials net length in natural gas rose by +49.4k to +255.1k in futures and grew by +56.8k to +4.....
NORTH AMERICAN RIG WATCH
| June 18, 2021
June 18, 2021
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 470 active rigs as of June 18, 2021, higher by +9 from the previous week. Oil rigs increased by +8 to 373 (ht: +6; vt-dir: +2), and gas-directed rigs increased by +1 to 97 (ht: -1; vt-dir: +2). Horizontal oil rigs increased by +1 in Anadarko (TX), by +1 in Bakken (ND), by +1 in Monterey (CA), by +1 in Permian .....
EIA NG STORAGE REPORT
| June 17, 2021
June 17, 2021
Dear , The EIA reported a +18 bcf injection, as well as a +67 bcf implied net flow into storage facilities. The implied flow was 2 bcf less than our call of +69 bcf and 4 bcf less than the Bloomberg median of +71 bcf. Included in our Gas Storage Report is our take on this week's price action. Our models are currently showing storage activity of +61, +55, +46, +40 bcf over the next four weeks for a total of+202bcf, compared to +292 bcf for the same period last year and the five-year average of +.....
NGL MARKET RECAP
| June 16, 2021
June 16, 2021
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. 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
| June 15, 2021
June 15, 2021
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. For the week ending June 10, 2021, LCMC 4-wk NG storage estimate: +69, +68, +57, +52. Total +246 vs +331 LY and +297 5-yr avg. This week by region: E: +18; MW: +23; MTN: +7, PAC: +10; SC: +11 (S: -2, NS: +13). 3 analysts reported on BBG with an average of +71 bcf. Total net exports average.....
CFTC COT
| June 11, 2021
June 11, 2021
Please find below the links to data and charts detailing the latest CFTC Commitments of Traders Report for the week ended June 08. 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, Brent and gasoil , but decreased in gasoline and heating oil during the reference week. Non-commercials net length in natural gas rose by +4.7k to +205.7k in futures and grew by +27.2k to +37.....
NORTH AMERICAN RIG WATCH
| June 11, 2021
June 11, 2021
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 461 active rigs as of June 11, 2021, higher by +5 from the previous week. Oil rigs increased by +6 to 365 (ht: +7; vt-dir: -1), and gas-directed rigs decreased by -1 to 96 (ht: -2; vt-dir: +1). Horizontal oil rigs increased by +3 in Permian (NM) and by +4 in Other areas not associated with a specific play. Hor.....
EIA NG STORAGE REPORT
| June 10, 2021
June 10, 2021
Dear , The EIA reported a +98 bcf injection, 1 bcf less than our call of +99 bcf and 2 bcf less than the Bloomberg median of +100 bcf. This week, we plan to publish the seasonal balances typically included in this report in Friday's NG End of Day Recap. This week's report includes extended storage tables with May's injection numbers. Our models are currently showing storage activity of: +72, +70, +60, +57 bcf over the next four weeks for a total of+259 bcf, compared to +331 bcf for the same per.....
NGL MARKET RECAP
| June 09, 2021
June 09, 2021
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. 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
| June 08, 2021
June 8, 2021
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. For the week ending June 3, 2021, LCMC 4-wk NG storage estimate: +99, +73, +71, +62. Total +305 vs +368 LY and +327 5-yr avg. This week by region: E: +29; MW: +27; MTN: +7, PAC: +9; SC: +27 (S: +4, NS: +23). 4 analysts reported on BBG with an average of +100 bcf. Total net exports averaged.....