CFTC COT
| August 02, 2024
August 02, 2024
Please find below the links to data and charts detailing the latest CFTC Commitments of Traders Report for the week ended July 30. 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 and heating oil , but decreased in WTI, Brent, gasoline and gasoil during the reference week. Non-commercials net length in natural gas grew by +5.7k to +9.1k in futures and rose by +.....
NORTH AMERICAN RIG WATCH
| August 02, 2024
August 02, 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 580 active rigs as of August 02, 2024, lower by -3 from the previous week. Oil rigs were unchanged at 482 (ht: unch; vt-dir: unch), and gas-directed rigs decreased by -3 to 98 (ht: -3; vt-dir: unch). Horizontal oil rigs increased by +1 in Permian (NM), while declining by -1 in Permian (TX). Horizontal gas ri.....
EUROPEAN NG TRADE
| August 02, 2024
August 02, 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 02, 2024
August 02, 2024
Dear , The EIA reported a +18 bcf injection for the week ending July 25, 12 bcf less than our prediction of +30 bcf and 13 bcf smaller than Bloomberg’s median estimate of +31 bcf. Our models are currently showing storage activity of +29, +7, +45, +35, +44 and +58 bcf over the next six weeks for a total of +219 bcf, compared to +192 bcf for the same period last year and the five-year average of +283 bcf.
NGL MARKET RECAP
| July 31, 2024
July 31, 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
| July 31, 2024
July 31, 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 July 25, 2024: LCMC 6-wk NG storage estimate: +30, +33, +11, +11, +41, and +47 bcf. Total +173 bcf vs +156 bcf LY and +248 bcf 5-yr avg. This week by region: E: +15; MW: +15, MTN: +2, PAC: -3; SC: +1 (S: 0, NS: +1). There are currently 4 analysts reporting on Bloomberg .....
CFTC COT
| July 26, 2024
July 26, 2024
Please find below the links to data and charts detailing the latest CFTC Commitments of Traders Report for the week ended July 23. We provide all Legacy and Disaggregated trader positions for natural gas, WTI, Brent, gasoline, heating oil and gasoil. Non-commercials decreased net length in natural gas, WTI, Brent, gasoline, heating oil and gasoil during the reference week. Non-commercials net length in natural gas declined by -6.6k to +3.4k in futures and decreased by -15.2k to +1.....
EUROPEAN NG TRADE
| July 26, 2024
July 26, 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.
NORTH AMERICAN RIG WATCH
| July 26, 2024
July 26, 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 583 active rigs as of July 26, 2024, higher by +3 from the previous week. Oil rigs increased by +5 to 482 (ht: +5; vt-dir: unch), and gas-directed rigs decreased by -2 to 101 (ht: -2; vt-dir: unch). Horizontal oil rigs increased by +1 in Anadarko (OK), by +1 in Bakken (ND), by +1 in Eagle Ford (TX), by +1 in.....
EIA NG STORAGE REPORT
| July 25, 2024
July 25, 2024
Dear , The EIA reported a +22 bcf injection for the week ending July 18, 7 bcf more than our prediction of +15 bcf and 11 bcf higher than Bloomberg’s median estimate of +11 bcf. Our models are currently showing storage activity of +38, +25, +8, +20, +36 and +45 bcf over the next six weeks for a total of +172 bcf, compared to +156 bcf for the same period last year and the five-year average of +248 bcf.