SPECTRUM
| May 25, 2021
May 25, 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 May 20, 2021, LCMC 4-wk NG storage estimate: +113, +96, +103, +76. Total +388 vs +388 LY and +366 5-yr avg. This week by region: E: +26; MW: +30; MTN: +7, PAC: +10; SC: +40 (S: +15, NS: +25). 4 analysts reported on BBG with an average of +104 bcf. Total net exports aver.....
CFTC COT
| May 21, 2021
May 21, 2021
Please find below the links to data and charts detailing the latest CFTC Commitments of Traders Report for the week ended May 18. 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, Brent, gasoline and heating oil , but decreased in WTI and gasoil during the reference week. Non-commercials net length in natural gas increased by +8.0k to +216.9k in futures and rose by +14.1k to.....
NORTH AMERICAN RIG WATCH
| May 21, 2021
May 21, 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 455 active rigs as of May 21, 2021, higher by +3 from the previous week. Oil rigs increased by +4 to 356 (ht: +4; vt-dir: unch), and gas-directed rigs decreased by -1 to 99 (ht: -1; vt-dir: unch). Horizontal oil rigs increased by +2 in Anadarko (OK), by +2 in Permian (NM) and by +1 in Other areas not associate.....
EIA NG STORAGE REPORT
| May 20, 2021
May 20, 2021
Dear , The EIA reported a +71 bcf injection, 5 bcf greater than our call of +66 bcf and 11 bcf greater than the Bloomberg median of +60 bcf. Over the past few months, we have been working on an ambitious project: estimating plant-level coal stocks by rank and by month for facilities that individually report data to the EIA. Version 1.0 attached alongside our usual report encompasses more than 200 coal plants totaling over 200 GW. Our models are currently showing storage activity of: +115, +89, +.....
NGL MARKET RECAP
| May 19, 2021
May 19, 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
| May 18, 2021
May 18, 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 May 13, 2021, LCMC 4-wk NG storage estimate: +66, +118, +94, +93. Total +371 vs +386 LY and +365 5-yr avg. This week by region: E: +8; MW: +15; MTN: +6, PAC: +11; SC: +26 (S: +10, NS: +16). 5 analysts reported on BBG with an average of +59 bcf. Total net exports average.....
CFTC COT
| May 14, 2021
May 14, 2021
Please find below the links to data and charts detailing the latest CFTC Commitments of Traders Report for the week ended May 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 heating oil and gasoil , but decreased in natural gas, WTI, Brent and gasoline during the reference week. Non-commercials net length in natural gas fell by -9.6k to +208.9k in futures and declined by -6.6k to +.....
NORTH AMERICAN RIG WATCH
| May 14, 2021
May 14, 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 452 active rigs as of May 14, 2021, higher by +5 from the previous week. Oil rigs increased by +8 to 352 (ht: +4; vt-dir: +4), and gas-directed rigs decreased by -3 to 100 (ht: -2; vt-dir: -1). Horizontal oil rigs increased by +2 in Permian (TX), by +1 in Anadarko (OK) and by +1 in Other areas not associated w.....
EIA NG STORAGE REPORT
| May 13, 2021
May 13, 2021
Dear , The EIA reported a +71 bcf injection, 9 bcf less than our call of +80 bcf and 2 bcf less than the Bloomberg median of +73 bcf. The EIA reclassified 4 bcf of working gas inventory to base gas inventory in the South Central Non Salt region, resulting in an implied net flow of +75 bcf. Our models are currently showing storage activity of: +71, +118, +109, +96 bcf over the next four weeks for a total of +394 bcf, compared to +386 bcf for the same period last year and the five-year average of.....
NGL MARKET RECAP
| May 12, 2021
May 12, 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.