EUROPEAN NG TRADE
| August 16, 2024
August 16, 2024
Dear , Please find below the link to this week's European natural gas trade and storage estimates, either in units of bcf/d or MMcm/d. European flows and storage inventories include nations in the EU-27 plus the United Kingdom, but discount the five Baltic States (Estonia, Finland, Latvia, Lithuania, and Sweden), as well as Malta and Cyprus.
EIA NG STORAGE REPORT
| August 16, 2024
August 15, 2024
Dear , The EIA reported a withdrawal of -6 bcf for the week ending August 8, 2 bcf larger than our prediction of -4 bcf, while Bloomberg’s median estimate projected an injection of +1 bcf. Our models are currently showing storage activity of +25, +31, +20, +40, +51 and +64 bcf over the next six weeks for a total of +231 bcf, compared to +278 bcf for the same period last year and the five-year average of +370 bcf.
NGL MARKET RECAP
| August 14, 2024
August 14, 2024
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.
SPECTRUM
| August 13, 2024
August 13, 2024
Dear , Please find below the link to this week's detailed inventory forecast, our 6-wk storage outlook, along with natural gas trade and power sector demand estimates and highlights of reference week balances. For the week ending August 8, 2024: LCMC 6-wk NG storage estimate: -4, +26, +13, -1, +44, and +57 bcf. Total +135 bcf vs +229 bcf LY and +325 bcf 5-yr avg. This week by region: E: +7; MW: +13, MTN: +2, PAC: -3; SC: -23 (S: -16, NS: -7). There are currently 3 analysts reporting on Bloomberg.....
CFTC COT
| August 09, 2024
August 09, 2024
Please find below the links to data and charts detailing the latest CFTC Commitments of Traders Report for the week ended August 06. 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 , but decreased in WTI, Brent, gasoline, heating oil and gasoil during the reference week. Non-commercials net length in natural gas rose by +10.0k to +19.1k in futures and increase.....
NORTH AMERICAN RIG WATCH
| August 09, 2024
August 09, 2024
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 582 active rigs as of August 09, 2024, higher by +2 from the previous week. Oil rigs increased by +3 to 485 (ht: +2; vt-dir: +1), and gas-directed rigs decreased by -1 to 97 (ht: -1; vt-dir: unch). Horizontal oil rigs increased by +1 in Eagle Ford (TX) and by +3 in Other areas not associated with a specific .....
EUROPEAN NG TRADE
| August 09, 2024
August 09, 2024
Dear , Please find below the link to this week's European natural gas trade and storage estimates, either in units of bcf/d or MMcm/d. European flows and storage inventories include nations in the EU-27 plus the United Kingdom, but discount the five Baltic States (Estonia, Finland, Latvia, Lithuania, and Sweden), as well as Malta and Cyprus.
EIA NG STORAGE REPORT
| August 08, 2024
August 08, 2024
Dear , The EIA reported a +21 bcf injection for the week ending August 1, 5 bcf less than our prediction of +26 bcf and 3 bcf smaller than Bloomberg’s median estimate of +24 bcf. Our models are currently showing storage activity of -9, +37, +19, +31, +46 and +57 bcf over the next six weeks for a total of +181 bcf, compared to +229 bcf for the same period last year and the five-year average of +325 bcf.
NGL MARKET RECAP
| August 07, 2024
August 07, 2024
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.
SPECTRUM
| August 06, 2024
August 06, 2024
Dear , Please find below the link to this week's detailed inventory forecast, our 6-wk storage outlook, along with natural gas trade and power sector demand estimates and highlights of reference week balances. For the week ending August 1, 2024: LCMC 6-wk NG storage estimate: +26, +16, +48, +13, +45, and +60 bcf. Total +208 bcf vs +192 bcf LY and +283 bcf 5-yr avg. This week by region: E: +11; MW: +13, MTN: +3, PAC: +4; SC: -5 (S: -3, NS: -2). There are currently 2 analysts reporting on Bloomber.....