SPECTRUM
| November 13, 2024
November 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 November 7, 2024: We anticipate a +37 bcf injection for Thursday’s natural gas storage report. Regional breakdown for the reference week: E: +13; MW: +9, MTN: -1, PAC: +3; SC: +13 (S: +10, NS: +3). There are currently 7 analysts reporting on Bloomberg with a median esti.....
CFTC COT
| November 08, 2024
November 08, 2024
Please find below the links to data and charts detailing the latest CFTC Commitments of Traders Report for the week ended November 05. 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, gasoline, heating oil and gasoil during the reference week. Non-commercials net length in natural gas grew by +38.0k to -3.0k in futures and increased by +18.2k to +.....
NORTH AMERICAN RIG WATCH
| November 08, 2024
November 08, 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 581 active rigs as of November 08, 2024, unchanged from the previous week. Oil rigs were unchanged at 479 (ht: +3; vt-dir: -3), and gas-directed rigs were unchanged at 102 (ht: unch; vt-dir: unch). Horizontal oil rigs increased by +2 in Anadarko (OK) and by +2 in Other areas not associated with a specific pl.....
EUROPEAN NG TRADE
| November 08, 2024
November 08, 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
| November 08, 2024
November 08, 2024
Dear , The EIA reported an injection of +69 bcf for the week ending October 31, 3 bcf higher than our prediction of +66 bcf and 1 bcf larger than Bloomberg’s median estimate of +68 bcf. Our models are currently showing storage activity of +40, +21, -13, -63, -87 and -110 bcf over the next six weeks for a total of -212 bcf, compared to -174 bcf for the same period last year and the five-year average of -226 bcf.
SPECTRUM
| November 05, 2024
November 05, 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 October 31, 2024: We anticipate a +66 bcf injection for Thursday’s natural gas storage report. Regional breakdown for the reference week: E: +16; MW: +21, MTN: +1, PAC: +4; SC: +24 (S: +14, NS: +10). There are currently 3 analysts reporting on Bloomberg with a median es.....
CFTC COT
| November 01, 2024
November 01, 2024
Please find below the links to data and charts detailing the latest CFTC Commitments of Traders Report for the week ended October 29. 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 rose by +12.2k to -41.1k in futures and fell by -1.8k to +43.5k .....
NORTH AMERICAN RIG WATCH
| November 01, 2024
November 01, 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 581 active rigs as of November 01, 2024, unchanged from the previous week. Oil rigs decreased by -1 to 479 (ht: +3; vt-dir: -4), and gas-directed rigs increased by +1 to 102 (ht: +1; vt-dir: unch). Horizontal oil rigs increased by +1 in Bakken (ND), by +1 in Eagle Ford (TX) and by +1 in Other areas not assoc.....
EUROPEAN NG TRADE
| November 01, 2024
November 01, 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
| October 31, 2024
October 31, 2024
Dear , The EIA reported an injection of +78 bcf for the week ending October 24, 12 bcf lower than our prediction of +89 bcf and 5 bcf smaller than Bloomberg’s median estimate of +83 bcf. Our models are currently showing storage activity of +66, +60, -3, -34, -64 and -88 bcf over the next six weeks for a total of -63 bcf, compared to -78 bcf for the same period last year and the five-year average of -102 bcf.