NGL MARKET RECAP
| March 31, 2021
March 31, 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
| March 30, 2021
March 30, 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 March 25, 2021, LCMC 4-wk NG storage estimate: +21, +32, +63, +66. Total +182 vs +124 LY and +46 5-yr avg. This week by region: E: -3; MW: +1; MTN: +2, PAC: +1; SC: +20 (S: +13, NS: +7). 4 analysts reported on BBG with an average of +23 bcf. Total net exports averaged 1.....
U.S. COAL DELIVERIES TO POWER PLANTS
| March 29, 2021
April 2021
Dear , Please find below the link to U.S. Coal Deliveries to Electric Power Plants with data through January 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
| March 26, 2021
March 26, 2021
Please find below the links to data and charts detailing the latest CFTC Commitments of Traders Report for the week ended March 23. 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 , but decreased in natural gas, Brent, gasoline, heating oil and gasoil during the reference week. Non-commercials net length in natural gas fell by -20.9k to +214.0k in futures and declined by -17.2k to .....
NORTH AMERICAN RIG WATCH
| March 26, 2021
March 26, 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 416 active rigs as of March 26, 2021, higher by +6 from the previous week. Oil rigs increased by +6 to 324 (ht: +8; vt-dir: -2), and gas-directed rigs were unchanged at 92 (ht: unch; vt-dir: unch). Horizontal oil rigs increased by +5 in Permian (TX), by +1 in Anadarko (OK), by +1 in Bakken (ND) and by +2 in Ot.....
EIA NG STORAGE REPORT
| March 25, 2021
March 25, 2021
Dear , The EIA reported a -36 bcf withdrawal, 16 bcf greater than our call of -20 bcf and 14 bcf greater than the Bloomberg median of -22 bcf. It appears that provided data contained misleading storage activity for some facilities during the reference week. Most notably, the 47 bcf (working gas) Blue Lake storage facility in Kalkaska County, Michigan, showed zero storage activity during the reference week. Our models are currently showing storage activity of: +14, +28, +39, +49 bcf over the nex.....
NGL MARKET RECAP
| March 24, 2021
March 24, 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
| March 23, 2021
March 23, 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. This week's commentary discusses the delays to the Samalayuca-Sasabe pipeline and how they have affected natural gas exports to Mexico. For the week ending March 18, 2021, LCMC 4-wk NG storage estimate: -20, +35, +42, +61. Total +118 vs +51 LY and -41 5-yr avg. This week by region: E: -20;.....
CFTC COT
| March 19, 2021
March 19, 2021
Please find below the links to data and charts detailing the latest CFTC Commitments of Traders Report for the week ended March 16. 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, Brent, gasoline, heating oil and gasoil , but decreased in natural gas during the reference week. Non-commercials net length in natural gas decreased by -71.2k to +234.9k in futures and declined by -76.0.....
NORTH AMERICAN RIG WATCH
| March 19, 2021
March 19, 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 410 active rigs as of March 19, 2021, higher by +9 from the previous week. Oil rigs increased by +9 to 318 (ht: +9; vt-dir: unch), and gas-directed rigs were unchanged at 92 (ht: +1; vt-dir: -1). Horizontal oil rigs increased by +8 in Permian (NM), by +2 in Bakken (ND) and by +2 in Eagle Ford (TX), while decli.....