SPECTRUM
| November 16, 2021
November 16, 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 November 11, 2021, LCMC 4-wk NG storage estimate: +27, -22, -53, -85. Total -133 vs -65 LY and -142 5-yr avg. This week by region: E: +1; MW: +7, MTN: -1, PAC: +3; SC: +16 (S: +9, NS: +8). 3 analysts reported on BBG with an average of +26 bcf Total net exports averaged .....
CFTC COT
| November 15, 2021
November 15, 2021
Please find below the links to data and charts detailing the latest CFTC Commitments of Traders Report for the week ended November 09. 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 decreased by -6.0k to +279.9k in futures and.....
NORTH AMERICAN RIG WATCH
| November 12, 2021
North American Rig Watch: November 12, 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 556 active rigs as of November 12, 2021, higher by +6 from the previous week. Oil rigs increased by +4 to 454 (ht: +1; vt-dir: +3), and gas-directed rigs increased by +2 to 102 (ht: +6; vt-dir: -4). Horizontal oil rigs increased by +4 in Permian (TX), by +2 in Anadarko (OK) and by +1 in Eagle Ford (TX), whil.....
EIA NG STORAGE REPORT
| November 10, 2021
November 10, 2021
Dear , The EIA reported a +7 bcf injection, 1 bcf greater than our estimate of +6 bcf and 3 bcf less than the Bloomberg median of +10 bcf. This week's report contains extended storage tables with net activity for the month of October. Our models are currently showing storage activity of +23, -15, -52, -80 bcf over the next four weeks for a total of -36 bcf, compared to +15 bcf for the same period last year and the five-year average of -62 bcf.
NGL MARKET RECAP
| November 10, 2021
November 10, 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
| November 09, 2021
November 9, 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 November 4, 2021, LCMC 4-wk NG storage estimate: +6, +28, -20, -50. Total -36 vs +15 LY and -62 5-yr avg. This week by region: E: +2; MW: +0, MTN: -1, PAC: +1; SC: +4 (S: +9, NS: -5). 4 analysts reported on BBG with an average of +13 bcf. Total net exports averaged 10.7.....
CFTC COT
| November 05, 2021
November 05, 2021
Please find below the links to data and charts detailing the latest CFTC Commitments of Traders Report for the week ended November 02. 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 , but decreased in natural gas, WTI, gasoline, heating oil and gasoil during the reference week. Non-commercials net length in natural gas decreased by -26.7k to +285.9k in futures and .....
NORTH AMERICAN RIG WATCH
| November 05, 2021
North American Rig Watch: November 05, 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 550 active rigs as of November 05, 2021, higher by +6 from the previous week. Oil rigs increased by +6 to 450 (ht: +9; vt-dir: -3), and gas-directed rigs were unchanged at 100 (ht: unch; vt-dir: unch). Horizontal oil rigs increased by +6 in Permian (TX), by +4 in Permian (NM) and by +1 in Other areas not ass.....
EIA NG STORAGE REPORT
| November 04, 2021
November 4, 2021
Dear , The EIA reported a +63 bcf injection, equal to our estimate of +63 bcf and 2 bcf less than the Bloomberg median of +65 bcf. This week's report contains updated Summer 2021 and Winter 2021/22 balances. Our models are currently showing storage activity of +14, +21, -18, -53 bcf over the next four weeks for a total of -36 bcf, compared to +15 bcf for the same period last year and the five-year average of -62 bcf.
NGL MARKET RECAP
| November 03, 2021
November 03, 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.