CFTC COT
| September 06, 2019
Commitments of Traders Report – September 06, 2019
Please find attached data and charts detailing the latest CFTC Commitments of Traders Report for the week ended September 03. 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 gasoil , but decreased in Brent, gasoline, heating oil and WTI during the reference week. Non-commercials net length in natural gas grew by +11.0k to -132.4k in futures and rose by +3.4k.....
NORTH AMERICAN RIG WATCH
| September 06, 2019
September 6, 2019
US: Baker Hughes shows 898 active rigs as of September 06, 2019, lower by -6 from the previous week. Oil rigs decreased by -4 to 738 (ht: unch; vt-dir: -4), and gas-directed rigs decreased by -2 to 160 (ht: -1; vt-dir: -1). Horizontal oil rigs increased by +3 in Bakken (ND), by +1 in Eagle Ford (TX) and by +1 in Other areas not associated with a specific play, while declining by -4 in Anadarko (OK) and by -1 in Permian (TX). Horizontal gas rigs decreased by -1 in Eagle Ford (TX). Canada: Bak.....
EIA NG STORAGE REPORT
| September 05, 2019
September 5, 2019
The EIA reported a +84 bcf increase in inventories this week. The build was +7 bcf higher than both our forecast and the Bloomberg median. Our largest misses this week were in the Midwest and South Central, though the magnitude of the error in the South Central is unclear due to differences between the total reported South Central number and the salt/non-salt split. Our early forecast for next week’s number is an injection in the mid-80 bcf range. The large swing in power burns this week m.....
NGL MARKET RECAP
| September 05, 2019
September 5, 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 04, 2019
September 4, 2019
For the week ending August 29, 2019, We are anticipating a +77 bcf injection for Thursday’s natural gas storage report as indicated by our models. E: +31; MW: +34; MTN : +4; PAC : -1; SC: +9 (S: 0, NS: +9). There are currently 6 analysts reporting on Bloomberg with an average of +78 bcf. Over the next four weeks (incl. this week) we are anticipating +77, +78, +82, +85, for a total of +322 bcf, compared to last year’s +267 bcf and 5-yr average of +296 bcf. Total net exports averaged 7.97 .....
CFTC COT
| August 30, 2019
Commitments of Traders Report – August 30, 2019
Please find attached data and charts detailing the latest CFTC Commitments of Traders Report for the week ended August 27. 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, natural gas and heating oil , but decreased in gasoline, gasoil and WTI during the reference week. Non-commercials net length in natural gas increased by +13.6k to -143.4k in futures and grew by +12.....
NORTH AMERICAN RIG WATCH
| August 30, 2019
August 30, 2019
US: Baker Hughes shows 904 active rigs as of August 30, 2019, lower by -12 from the previous week. Oil rigs decreased by -12 to 742 (ht: -11; vt-dir: -1), and gas-directed rigs were unchanged at 162 (ht: -2; vt-dir: +2). Horizontal oil rigs increased by +3 in Bakken (ND), while declining by -4 in Permian (TX), by -1 in Anadarko (OK), by -1 in Permian (NM) and by -8 in Other areas not associated with a specific play. Horizontal gas rigs decreased by -1 in Haynesville (TX) and by -1 in Marcellus .....
U.S. COAL DELIVERIES TO POWER PLANTS
| August 30, 2019
September 2019
Please find attached U.S. Coal Deliveries to Electric Power Plants with data through June 2019. The report contains volume and price data where available.
EIA NG STORAGE REPORT
| August 29, 2019
August 29, 2019
The EIA reported a +60 bcf increase in inventories this week. The build was +2 bcf higher than our forecast and +3 bcf higher than the Bloomberg median. The only miss in our regional breakdown this week was in the Midwest where we underestimated injections. Our early forecast for next week’s number is an injection in the high 70 bcf range. Growing Northeast production and fluctuating regional power burns have not only led to swingy intraregional injections but have also resulted in volatil.....
NGL MARKET RECAP
| August 28, 2019
August 28, 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.