EIA NG STORAGE REPORT
| May 16, 2019
May 16, 2019
The EIA reported a +106 bcf increase in inventories this week. This week’s build was +3 bcf higher than our estimate and +2 bcf above the Bloomberg median. The majority of our miss this week was in the East, where we underestimated injections by 4 bcf. Our initial estimate for the week ending May 16th is an injection of around 100 bcf. The strong injection in the East this week was surprising, coming in higher than both our scrape and regional models had forecasted, for the second week in .....
NGL MARKET RECAP
| May 15, 2019
May 15, 2019
Attached is this week’s NGL Market Recap, which provides an overview of U.S. propane statistics as well as global LPG prices, ratios and fractionation spreads.
U.S. NATURAL GAS TRADE AND POWER SECTOR DEMAND
| May 14, 2019
May 14, 2019
For the week ending May 9, 2019, We are anticipating a +103 bcf injection for Thursday’s natural gas storage report as indicated by our pipeline scrapes. E: +27; MW: +28; MTN : +5; PAC : +11; SC: +32 (S:+8, NS: +24). There are currently 4 analysts reporting on Bloomberg with an average of +103 bcf. For the next four weeks (incl. this week) we are anticipating builds of: +103, +105, +105, +112. Total net imports averaged -5.97 bcf/d, down by -0.40 bcf/d week-on-week. During the same week .....
WEEKLY NG MARKET COMMENTARY
| May 12, 2019
May 12, 2019
Please follow the link below to find our weekly natural gas commentary report, highlighting key trends in this week’s natural gas market. Included are the regional balances for the week ending May 9th, 2019 (Northeast, Southeast, Midwest and Mountain).
CFTC COT
| May 10, 2019
Commitments of Traders Report – May 10, 2019
Please find attached data and charts detailing the latest CFTC Commitments of Traders Report for the week ended May 07. 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 gasoil , but decreased in gasoline, heating oil and WTI during the reference week. Non-commercials net length in natural gas declined by -4.4k to +69.1k in futures and increased by +2.6.....
NORTH AMERICAN RIG WATCH
| May 10, 2019
May 10, 2019
US: Baker Hughes shows 988 active rigs as of May 10, 2019, lower by -2 from the previous week. Oil rigs decreased by -2 to 805 (ht: unch; vt-dir: -2), and gas-directed rigs were unchanged at 183 (ht: -1; vt-dir: +1). Horizontal oil rigs increased by +3 in Anadarko (OK) and by +2 in Permian (TX), while declining by -3 in Permian (NM), by -1 in Bakken (ND) and by -1 in Other areas not associated with a specific play. Horizontal gas rigs increased by +1 in Marcellus ( NEPA ), while declining by -1.....
EIA NG STORAGE REPORT
| May 09, 2019
May 9, 2019
Please note our extended U.S. and Canada tables covering the withdrawal season are included in the attachment. The EIA reported a +85 bcf increase in inventories this week. This week’s reported injection was in line with our estimate and -1 bcf below the Bloomberg median. After two weeks of overestimating Eastern builds and underestimating South Central builds, our divergence swung the other way this week, with an underestimate in the East and overestimate in the South Central, fortunately t.....
NGL MARKET RECAP
| May 08, 2019
May 8, 2019
Attached is this week’s NGL Market Recap, which provides an overview of U.S. propane statistics as well as global LPG prices, ratios and fractionation spreads.
U.S. NATURAL GAS TRADE AND POWER SECTOR DEMAND
| May 07, 2019
May 7, 2019
For the week ending May 2, 2019, We are anticipating a +85 bcf injection for Thursday’s natural gas storage report as indicated by our pipeline scrapes. E: +16; MW: +19; MTN : +3; PAC : +10; SC: +37 (S:+11, NS: +26). There are currently 4 analysts reporting on Bloomberg with an average of +85 bcf. For the next four weeks (incl. this week) we are anticipating draws of: +85, +106, +117, +118. Total net imports averaged -4.88 bcf/d, up by +0.01 bcf/d week-on-week. During the same week last .....
WEEKLY NG MARKET COMMENTARY
| May 05, 2019
May 5, 2019
Please follow the link below to find our weekly natural gas commentary report, highlighting key trends in this week’s natural gas market. Included are the regional balances for the week ending May 2nd, 2019 (Northeast, Southeast, Midwest and Mountain).