EIA NG STORAGE REPORT
| August 15, 2019
August 15, 2019
The EIA reported a +49 bcf increase in inventories this week. The build was -8 bcf lower than our estimate and -10 bcf lower than the Bloomberg median. For the second week in a row our overestimate in South Central non-salts proved to be our undoing. Our early estimate for next week’s number is an injection near the high 50 bcf mark. On Tuesday, we expected the South Central would be the linchpin in this week’s forecast, we assumed the Sabine Pass outage would partially mitigate both stron.....
NGL MARKET RECAP
| August 14, 2019
August 14, 2019 [Correction]
Correction: This email updates the attached file to include latest data. 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
| August 13, 2019
August 13, 2019
For the week ending August 8, 2019, We are anticipating a +57 bcf injection for Thursday’s natural gas storage report as indicated by our models. E: +23; MW: +27; MTN : +4; PAC : 0; SC: +3 (S:-8, NS: +11). There are currently 5 analysts reporting on Bloomberg with an average of +55 bcf. Over the next four weeks (incl. this week) we are anticipating +57, +59, +50, +64, for a total of +230 bcf, compared to last year’s +212 bcf and 5-yr average of +223 bcf. Total net exports averaged 5.27 b.....
WEEKLY NG MARKET COMMENTARY
| August 11, 2019
August 11, 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 August 8, 2019 (Northeast, Southeast, Midwest, Mountain and Pacific).
CFTC COT
| August 09, 2019
Commitments of Traders Report – August 09, 2019
Please find attached data and charts detailing the latest CFTC Commitments of Traders Report for the week ended August 06. We provide all Legacy and Disaggregated trader positions for natural gas, WTI , Brent, gasoline, heating oil and gasoil. Non-commercials increased net length in gasoil and WTI , but decreased in Brent, gasoline, natural gas and heating oil during the reference week. Non-commercials net length in natural gas decreased by -14.0k to -195.6k in futures and declined by.....
NORTH AMERICAN RIG WATCH
| August 09, 2019
August 9, 2019
US: Baker Hughes shows 933 active rigs as of August 09, 2019, lower by -8 from the previous week. Oil rigs decreased by -6 to 764 (ht: unch; vt-dir: -6), and gas-directed rigs decreased by -2 to 169 (ht: -2; vt-dir: unch). Horizontal oil rigs increased by +2 in Permian (NM), by +2 in Permian (TX) and by +1 in Anadarko (TX), while declining by -3 in Anadarko (OK), by -1 in Eagle Ford (TX) and by -1 in Other areas not associated with a specific play. Horizontal gas rigs increased by +1 in Granite.....
EIA NG STORAGE REPORT
| August 08, 2019
August 8, 2019
Please note our extended U.S. and Canada tables covering the injection season are included in the attachment. The EIA reported a +55 bcf increase in inventories this week. The build was -6 bcf lower than our estimate and -5 bcf lower than the Bloomberg median. Once again South Central non-salts were our undoing, coming in 5 bcf below our estimate. Our early estimate for next week’s number is an injection around the low 50 bcf mark. In Tuesday’s report we highlighted our uncertainty regar.....
NGL MARKET RECAP
| August 07, 2019
August 7, 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
| August 06, 2019
August 6, 2019
For the week ending August 1, 2019, We are anticipating a +61 bcf injection for Thursday’s natural gas storage report as indicated by our models. E: +18; MW: +25; MTN : +4; PAC : +2; SC: +12 (S:-4, NS: +16). There are currently 5 analysts reporting on Bloomberg with an average of +59 bcf. Over the next four weeks (incl. this week) we are anticipating +61, +64, +66, +68, for a total of +259 bcf, compared to last year’s +194 bcf and 5-yr average of +199 bcf. Total net exports averaged 6.43.....
WEEKLY NG MARKET COMMENTARY
| August 04, 2019
August 4, 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 August 1, 2019 (Northeast, Southeast, Midwest, Mountain and Pacific).