SPECTRUM
| May 11, 2021
May 11, 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 6, 2021, LCMC 4-wk NG storage estimate: +80, +68, +109, +108. Total +365 vs +396 LY and +355 5-yr avg. This week by region: E: +16; MW: +20; MTN: +7, PAC: +11; SC: +26 (S: +7, NS: +19). 4 analysts reported on BBG with an average of +74 bcf. Total net exports average.....
CFTC COT
| May 07, 2021
May 7, 2021
Please find below the links to data and charts detailing the latest CFTC Commitments of Traders Report for the week ended May 04. 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 and gasoline , but decreased in Brent, heating oil and gasoil during the reference week. Non-commercials net length in natural gas rose by +5.7k to +218.5k in futures and increased by +14.2k to.....
NORTH AMERICAN RIG WATCH
| May 07, 2021
May 7, 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 447 active rigs as of May 07, 2021, higher by +9 from the previous week. Oil rigs increased by +2 to 344 (ht: +4; vt-dir: -2), and gas-directed rigs increased by +7 to 103 (ht: +6; vt-dir: +1). Horizontal oil rigs increased by +6 in Permian (TX) and by +1 in Monterey (CA), while declining by -2 in Eagle Ford (.....
EIA NG STORAGE REPORT
| May 06, 2021
May 6, 2021
Dear , The EIA reported a +60 bcf injection, 1 bcf greater than our call of +59 bcf and 5 bcf greater than the Bloomberg median of +65 bcf. Using the recently released 2018 EIA Manufacturing Energy Consumption Survey (MECS), we wanted to estimate the effect of supply chain disruptions in the automotive industry on industrial gas demand. Our models are currently showing storage activity of: +79, +62, +102, +97 bcf over the next four weeks for a total of +340 bcf, compared to +396 bcf for the sam.....
NGL MARKET RECAP
| May 05, 2021
May 05, 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 04, 2021
May 4, 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 April 29, 2021, LCMC 4-wk NG storage estimate: +59, +83, +64, +97. Total +303 vs +396 LY and +339 5-yr avg. This week by region: E: +11; MW: +15; MTN: +5, PAC: +6; SC: +22 (S: +5, NS: +17). 5 analysts reported on BBG with an average of +66 bcf. Total net exports average.....
U.S. COAL DELIVERIES TO POWER PLANTS
| May 03, 2021
May 2021
Dear , Please find below the link to U.S. Coal Deliveries to Electric Power Plants with data through February 2021. The report contains volume and price data where available. The chart below shows 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
| April 30, 2021
April 30, 2021
Please find below the links to data and charts detailing the latest CFTC Commitments of Traders Report for the week ended April 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 natural gas, WTI, gasoline and gasoil , but decreased in Brent and heating oil during the reference week. Non-commercials net length in natural gas increased by +3.1k to +212.8k in futures and rose by +8.5k t.....
NORTH AMERICAN RIG WATCH
| April 30, 2021
April 30, 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 438 active rigs as of April 30, 2021, higher by +1 from the previous week. Oil rigs decreased by -1 to 342 (ht: -1; vt-dir: unch), and gas-directed rigs increased by +2 to 96 (ht: +1; vt-dir: +1). Horizontal oil rigs increased by +1 in Eagle Ford (TX) and by +1 in Other areas not associated with a specific pla.....
EIA NG STORAGE REPORT
| April 29, 2021
April 29, 2021
Dear , The EIA reported a +15 bcf injection, 13 bcf greater than our call of +2 bcf and and 6 bcf greater than the Bloomberg median of +9 bcf. Based on the sentiment of recent earnings calls, we had no reason to doubt the trend of smaller than expected storage injections would change given the positive momentum in demand that is expected to carry into the summer. Our models are currently showing storage activity of: +57, +83, +90, +88 bcf over the next four weeks for a total of +318 bcf,.....