NORTH AMERICAN RIG WATCH | June 25, 2021

June 25, 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 470 active rigs as of June 25, 2021, unchanged from the previous week. Oil rigs decreased by -1 to 372 (ht: -6; vt-dir: +5), and gas-directed rigs increased by +1 to 98 (ht: +2; vt-dir: -1). Horizontal oil rigs increased by +2 in Anadarko (OK), while declining by -2 in Permian (NM), by -2 in Permian (TX) and b.....

EIA NG STORAGE REPORT | June 24, 2021

June 24, 2021

Dear , The EIA reported a +55 bcf injection, 6 bcf lower than our call of +61 bcf and 9 bcf less than the Bloomberg median of +64 bcf. Our models are currently showing storage activity of +70, +42, +51, +44 bcf over the next four weeks for a total of +207 bcf, compared to +215 bcf for the same period last year and the five-year average of +217 bcf.

NGL MARKET RECAP | June 23, 2021

June 23, 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 22, 2021

June 22, 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 17, 2021, LCMC 4-wk NG storage estimate: +61, +71, +49, +41. Total +222 vs +292 LY and +266 5-yr avg. This week by region: E: +27; MW: +24; MTN: +5, PAC: +5; SC: +0 (S: -4, NS: +4). 4 analysts reported on BBG with an average of +66 bcf. Total net exports averaged 1.....

CFTC COT | June 21, 2021

June 21, 2021

Please find below the links to data and charts detailing the latest CFTC Commitments of Traders Report for the week ended June 15. 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, Brent and heating oil , but decreased in gasoline and gasoil during the reference week. Non-commercials net length in natural gas rose by +49.4k to +255.1k in futures and grew by +56.8k to +4.....

NORTH AMERICAN RIG WATCH | June 18, 2021

June 18, 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 470 active rigs as of June 18, 2021, higher by +9 from the previous week. Oil rigs increased by +8 to 373 (ht: +6; vt-dir: +2), and gas-directed rigs increased by +1 to 97 (ht: -1; vt-dir: +2). Horizontal oil rigs increased by +1 in Anadarko (TX), by +1 in Bakken (ND), by +1 in Monterey (CA), by +1 in Permian .....

EIA NG STORAGE REPORT | June 17, 2021

June 17, 2021

Dear , The EIA reported a +18 bcf injection, as well as a +67 bcf implied net flow into storage facilities. The implied flow was 2 bcf less than our call of +69 bcf and 4 bcf less than the Bloomberg median of +71 bcf. Included in our Gas Storage Report is our take on this week's price action. Our models are currently showing storage activity of +61, +55, +46, +40 bcf over the next four weeks for a total of+202bcf, compared to +292 bcf for the same period last year and the five-year average of +.....

NGL MARKET RECAP | June 16, 2021

June 16, 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 15, 2021

June 15, 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 10, 2021, LCMC 4-wk NG storage estimate: +69, +68, +57, +52. Total +246 vs +331 LY and +297 5-yr avg. This week by region: E: +18; MW: +23; MTN: +7, PAC: +10; SC: +11 (S: -2, NS: +13). 3 analysts reported on BBG with an average of +71 bcf. Total net exports average.....

CFTC COT | June 11, 2021

June 11, 2021

Please find below the links to data and charts detailing the latest CFTC Commitments of Traders Report for the week ended June 08. 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, Brent and gasoil , but decreased in gasoline and heating oil during the reference week. Non-commercials net length in natural gas rose by +4.7k to +205.7k in futures and grew by +27.2k to +37.....