CFTC COT
| December 21, 2018
Commitments of Traders Report – December 21, 2018
Please find attached data and charts detailing the latest CFTC Commitments of Traders Report for the week ended December 18. We provide all Legacy and Disaggregated trader positions for natural gas, WTI , Brent, gasoline, heating oil and gasoil. Non-commercials increased net length in gasoline, natural gas, gasoil and WTI , but decreased in Brent and heating oil during the reference week. Non-commercials net length in natural gas rose by +4.7k to +309.2k in futures and grew by +4.8k t.....
NORTH AMERICAN RIG WATCH
| December 21, 2018
December 21, 2018
Note: This is the last North American Rig Watch of 2018. We will return on January 4, 2019. US: Baker Hughes shows 1080 active rigs as of December 21, 2018, higher by +9 from the previous week. Oil rigs increased by +10 to 883 (ht: +15; vt-dir: -5), and gas-directed rigs decreased by -1 to 197 (ht: -2; vt-dir: +1). Horizontal oil rigs increased by +4 in Permian (NM), by +3 in Bakken (ND), by +2 in Permian (TX), by +1 in Anadarko (OK), by +1 in Barnett Combo (TX), by +1 in Eagle Ford (TX).....
EIA NG STORAGE REPORT
| December 20, 2018
December 20, 2018
Please note: due to the upcoming holidays this will be the final Natural Gas EIA Storage report of the year, the reports will resume on the first week of January. The EIA reported a -141 bcf decrease in inventory this week. This draw was +6 bcf more than our estimate and +7 bcf above the Bloomberg median. Our initial estimate for the week ending December 20th is a draw in the high 40s. The two regions where we saw the largest misses this week were the Northeast which drew 3 bcf more than.....
NGL MARKET RECAP
| December 19, 2018
December 19, 2018
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
| December 18, 2018
December 18, 2018
Please note: due to the upcoming holidays this will be the final Natural Gas Trade and Power Sector Demand report of the year, the reports will resume on January 8, 2019. For the week ending December 13, 2018, We are anticipating a -135 bcf draw for Thursday’s natural gas storage report as indicated by our pipeline scrapes. E: -37; MW: -46; MTN : -8; PAC : -12; SC: -32. There are currently 3 analysts reporting on Bloomberg with an average of -140 bcf. For the next four weeks (incl. this .....
WEEKLY NG MARKET COMMENTARY
| December 16, 2018
December 16, 2018
Please follow the link below to find our weekly natural gas commentary report, highlighting key trends in this week’s natural gas market. Please note: due to the upcoming holidays this will be the final natural gas commentary report of the year, the reports will resume on January 6, 2019.
CFTC COT
| December 14, 2018
Commitments of Traders Report – December 14, 2018
Please find attached data and charts detailing the latest CFTC Commitments of Traders Report for the week ended December 11. 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 and heating oil , but decreased in natural gas, gasoil and WTI during the reference week. Non-commercials net length in natural gas declined by -10.4k to +304.5k in futures and fell by -3.....
NORTH AMERICAN RIG WATCH
| December 14, 2018
December 14, 2018
US: Baker Hughes shows 1071 active rigs as of December 14, 2018, lower by -4 from the previous week. Oil rigs decreased by -4 to 873 (ht: -4; vt-dir: unch), and gas-directed rigs were unchanged at 198 (ht: -2; vt-dir: +2). Horizontal oil rigs increased by +2 in Eagle Ford (TX), by +1 in Permian (TX) and by +2 in Other areas not associated with a specific play, while declining by -5 in Permian (NM), by -2 in Bakken (ND), by -1 in Anadarko (OK) and by -1 in Anadarko (TX). Horizontal gas rigs incr.....
EIA NG STORAGE REPORT
| December 13, 2018
December 13, 2018
Please note our extended U.S. and Canada tables covering the withdrawal season are included in the attachment. The EIA reported a -77 bcf decrease in inventory this week (despite the regional totals implying a -79 bcf draw). This draw was +1 bcf more than our estimate and -3 bcf below the Bloomberg median. Our initial estimate for the week ending December 13th is a draw in the high 130s. While other regions and non-salts continued pulling this week, salt caverns bucked the trend by putting.....
NGL MARKET RECAP
| December 12, 2018
December 12, 2018
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.