WEEKLY NG MARKET COMMENTARY | May 20, 2018

May 20. 2018

Please follow the link below to find our weekly natural gas commentary report, highlighting key trends in this week’s natural gas market.


CFTC COT | May 18, 2018

Commitments of Traders Report – May 18, 2018

Please find attached data and charts detailing the latest CFTC Commitments of Traders Report for the week ended May 15. 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 heating oil , but decreased in Brent and WTI during the reference week. Non-commercials net length in natural gas increased by +45.9k to +216.4k in futures and grew by +37.0k.....


NORTH AMERICAN RIG WATCH | May 18, 2018

May 18, 2018

US: Baker Hughes shows 1044 active rigs as of May 18, 2018, higher by +1 from the previous week. Oil rigs were unchanged at 844 (ht: +1; vt-dir: -1), and gas-directed rigs increased by +1 to 200 (ht: unch; vt-dir: +1). Horizontal oil rigs increased by +1 in Anadarko (OK), by +1 in Eagle Ford (TX), by +1 in Permian (NM) and by +1 in Permian (TX), while declining by -1 in Bakken (ND) and by -2 in Other areas not associated with a specific play. Horizontal gas rigs increased by +2 in Other areas n.....


EIA NG STORAGE REPORT | May 17, 2018

May 17, 2018

The EIA reported a +106 bcf net change in inventory this week. The injection was in line with our estimate and 1 bcf stronger than the Bloomberg median. Regionally our overestimates in the South Central and Mountain were offset by our underestimates in the East and Midwest. A strengthening winter strip in the Rockies hints at market expectations of tighter winter balances…


NGL MARKET RECAP | May 16, 2018

May 16, 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 | May 15, 2018

May 15, 2018

Please find the attached data and charts detailing U.S. gas imports and power demand for the week ended May 10, 2018. Total net imports for the reference week averaged -2.15 bcf/d, up by +0.32 bcf/d week-on-week. During the same week last year, U.S. net imports averaged -0.77 bcf/d. Average natural gas demand in the power sector was 25.0 bcf/d, up by +2.4 bcf/d week-over-week. During the reference week, the contiguous US observed 33 population weighted CDDs, up by +13 week over week.


WEEKLY NG MARKET COMMENTARY | May 13, 2018

May 13, 2018

Please follow the link below to find our weekly natural gas commentary report, highlighting key trends in this week’s natural gas market.


CFTC COT | May 11, 2018

Commitments of Traders Report – May 11, 2018

Please find attached data and charts detailing the latest CFTC Commitments of Traders Report for the week ended May 08. 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, gasoil and heating oil , but decreased in Brent, natural gas and WTI during the reference week. Non-commercials net length in natural gas decreased by -27.2k to +170.5k in futures and fell by -29.5k.....


NORTH AMERICAN RIG WATCH | May 11, 2018

May 11, 2018

US: Baker Hughes shows 1043 active rigs as of May 11, 2018, higher by +13 from the previous week. Oil rigs increased by +10 to 844 (ht: +2; vt-dir: +8), and gas-directed rigs increased by +3 to 199 (ht: +2; vt-dir: +1). Horizontal oil rigs increased by +4 in Permian (TX), by +3 in Anadarko (OK) and by +1 in Other areas not associated with a specific play, while declining by -3 in Eagle Ford (TX) and by -3 in Permian (NM). Horizontal gas rigs increased by +3 in Eagle Ford (TX), by +2 in Marcellu.....


EIA NG STORAGE REPORT | May 10, 2018

May 10, 2018

Please note our extended U.S. and Canada tables covering the injection season are included in the attachment. The EIA reported a +89 bcf net change in inventory this week. The injection was 9 bcf weaker than our estimate and 1 bcf weaker than the Bloomberg median. Regionally our largest miss was in the South Central where we overestimated the build by 7 bcf. While some of our overestimate of storage injections in the South Central could have been due to underestimating power burns in the reg.....