EIA NG STORAGE REPORT
| September 19, 2019
September 19, 2019
The EIA reported an +84 bcf increase in inventories this week. The build was +8 bcf higher than both our forecast and the Bloomberg median. Our two largest regional misses this week were in the East, which came as a surprise and South Central non-salts which were less surprising given our summer track record. Our early forecast for next week’s number is an injection in the mid-80 bcf range. Pipeline constraints in the Northeast likely contributed to our miss this week…
NGL MARKET RECAP
| September 18, 2019
September 18, 2019
Attached is this week’s NGL Market Recap, which provides an overview of U.S. propane statistics as well as global LPG prices and ratios.
U.S. NATURAL GAS TRADE AND POWER SECTOR DEMAND
| September 17, 2019
September 17, 2019
For the week ending September 5, 2019, We are anticipating a +76 bcf injection for Thursday’s natural gas storage report as indicated by our models. E: +20; MW: +34; MTN : +5; PAC : +5; SC: +12 (S: 0, NS: +12). There are currently 5 analysts reporting on Bloomberg with an average of +75 bcf. Over the next four weeks (incl. this week) we are anticipating +76, +85, +100, +109, for a total of +370 bcf, compared to last year’s +317 bcf and 5-yr average of +328 bcf. Total net exports averaged.....
WEEKLY NG MARKET COMMENTARY
| September 15, 2019
September 15, 2019
Please follow the link below to find our weekly natural gas commentary report, highlighting key trends in this week’s natural gas market and our 4-week storage outlook. Included are the regional balances and flow analysis for the week ending September 12, 2019 (Northeast, Southeast, Midwest, Mountain and Pacific).
CFTC COT
| September 13, 2019
Commitments of Traders Report – September 13, 2019
Please find attached data and charts detailing the latest CFTC Commitments of Traders Report for the week ended September 10. We provide all Legacy and Disaggregated trader positions for natural gas, WTI , Brent, gasoline, heating oil and gasoil. Non-commercials increased net length in Brent, gasoline, natural gas, gasoil, heating oil and WTI during the reference week. Non-commercials net length in natural gas rose by +67.4k to -65.0k in futures and increased by +65.8k to -57.1k in fu.....
NORTH AMERICAN RIG WATCH
| September 13, 2019
September 13, 2019
US: Baker Hughes shows 886 active rigs as of September 13, 2019, lower by -12 from the previous week. Oil rigs decreased by -5 to 733 (ht: -3; vt-dir: -2), and gas-directed rigs decreased by -7 to 153 (ht: -4; vt-dir: -3). Horizontal oil rigs increased by +1 in Anadarko (OK), by +1 in Bakken (ND), by +1 in Permian (NM) and by +3 in Other areas not associated with a specific play, while declining by -7 in Permian (TX) and by -2 in Anadarko (TX). Horizontal gas rigs increased by +2 in Marcellus (.....
EIA NG STORAGE REPORT
| September 12, 2019
September 12, 2019
Please note our extended U.S. and Canada tables covering the injection season are included in the attachment. The EIA reported a +78 bcf increase in inventories this week. The build was -5 bcf lower than our forecast and -3 bcf lower than the Bloomberg median. Most of our miss was once again in the South Central non-salt number. Our early forecast for next week’s number is an injection in the high-70 bcf range. At this point we run the risk of sounding like a broken record by attributing.....
NGL MARKET RECAP
| September 11, 2019
September 11, 2019
Attached is this week’s NGL Market Recap, which provides an overview of U.S. propane statistics as well as global LPG prices and ratios.
U.S. NATURAL GAS TRADE AND POWER SECTOR DEMAND
| September 10, 2019
September 10, 2019
For the week ending September 5, 2019, We are anticipating a +83 bcf injection for Thursday’s natural gas storage report as indicated by our models. E: +25; MW: +37; MTN : +4; PAC : -1; SC: +18 (S: +3, NS: +15). There are currently 5 analysts reporting on Bloomberg with an average of +82 bcf. Over the next four weeks (incl. this week) we are anticipating +83, +85, +83, +105, for a total of +356 bcf, compared to last year’s +294 bcf and 5-yr average of +312 bcf. Total net exports averaged.....
WEEKLY NG MARKET COMMENTARY
| September 08, 2019
September 8, 2019
Please follow the link below to find our weekly natural gas commentary report, highlighting key trends in this week’s natural gas market and our 4-week storage outlook. Included are the regional balances and flow analysis for the week ending September 5, 2019 (Northeast, Southeast, Midwest, Mountain and Pacific).