CFTC COT
| July 09, 2021
July 9, 2021
Please find below the links to data and charts detailing the latest CFTC Commitments of Traders Report for the week ended July 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 +13.9k to +362.3k in futures and increased by +21.0k to .....
NORTH AMERICAN RIG WATCH
| July 09, 2021
July 9, 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 479 active rigs as of July 09, 2021, higher by +4 from the previous week. Oil rigs increased by +2 to 378 (ht: +1; vt-dir: +1), and gas-directed rigs increased by +2 to 101 (ht: +3; vt-dir: -1). Horizontal oil rigs increased by +1 in Permian (TX). Horizontal gas rigs increased by +3 in Marcellus (WV) and by +1.....
EIA NG STORAGE REPORT
| July 08, 2021
July 8, 2021
Dear , The EIA reported a +16 bcf injection, 7 bcf lower than our call of +23 bcf and 11 bcf lower that the Bloomberg median of +27 bcf. Our models are currently showing storage activity of +53, +42, +33, +48 bcf over the next four weeks for a total of +176 bcf, compared to +144 bcf for the same period last year and the five-year average of +148 bcf.
NGL MARKET RECAP
| July 08, 2021
July 08, 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
| July 07, 2021
July 7, 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 July 1, 2021, LCMC 4-wk NG storage estimate: +23, +52, +37, +32. Total +144 vs +170 LY and +180 5-yr avg. This week by region: E: +9; MW: +15; MTN: +4, PAC: +3; SC: -8 (S: -12, NS: +4). 4 analysts reported on BBG with an average of +33 bcf. Total net exports averaged 12.....
CFTC COT
| July 02, 2021
July 2, 2021
Please find below the links to data and charts detailing the latest CFTC Commitments of Traders Report for the week ended June 29. 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, gasoline, heating oil and gasoil , but decreased in WTI and Brent during the reference week. Non-commercials net length in natural gas increased by +70.1k to +348.4k in futures and grew by +64.2k .....
NORTH AMERICAN RIG WATCH
| July 02, 2021
July 2, 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 475 active rigs as of July 02, 2021, higher by +5 from the previous week. Oil rigs increased by +4 to 376 (ht: +7; vt-dir: -3), and gas-directed rigs increased by +1 to 99 (ht: +1; vt-dir: unch). Horizontal oil rigs increased by +2 in Permian (NM), by +2 in Permian (TX), by +1 in Bakken (ND) and by +2 in Other.....
EIA NG STORAGE REPORT
| July 01, 2021
July 1, 2021
Dear , The EIA reported a +76 bcf injection, 6 bcf higher than our call of +70 bcf and 8 bcf higher than the Bloomberg median of +68 bcf. Our models are currently showing storage activity of +28, +47, +23, +39 bcf over the next four weeks for a total of+144 bcf, compared to +170 bcf for the same period last year and the five-year average of +180 bcf.
NGL MARKET RECAP
| June 30, 2021
June 30, 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
| June 29, 2021
June 29, 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 June 24, 2021, LCMC 4-wk NG storage estimate: +70, +34, +57, +27. Total +188 vs +215 LY and +217 5-yr avg. This week by region: E: +24; MW: +25; MTN: +4, PAC: +3; SC: +14 (S: +2, NS: +12). 4 analysts reported on BBG with an average of +67 bcf. Total net exports averaged.....