WEEKLY NG MARKET COMMENTARY
| February 19, 2018
February 19, 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
| February 16, 2018
Commitments of Traders Report – February 16, 2018
Please find attached data and charts detailing the latest CFTC Commitments of Traders Report for the week ended February 13. We provide all Legacy and Disaggregated trader positions for natural gas, WTI , Brent, gasoline, heating oil and gasoil. Non-commercials decreased net length in Brent, gasoline, natural gas, gasoil, heating oil and WTI during the reference week. Non-commercials net length in natural gas declined by -32.9k to +94.9k in futures and decreased by -36.9k to +118.5k i.....
NORTH AMERICAN RIG WATCH
| February 16, 2018
North American Rig Watch: February 16, 2018
US: Baker Hughes shows 975 active rigs as of February 16, 2018, unchanged from the previous week. Oil rigs increased by +7 to 798 (ht: +10; vt-dir: -3), and gas-directed rigs decreased by -7 to 177 (ht: -3; vt-dir: -4). Horizontal oil rigs increased by +6 in Anadarko (OK), by +2 in Eagle Ford (TX) and by +8 in Other areas not associated with a specific play, while declining by -3 in Permian (NM), by -1 in Anadarko (TX), by -1 in Bakken (ND) and by -1 in Permian (TX). Horizontal gas rigs increas.....
EIA NG STORAGE REPORT
| February 15, 2018
February 15, 2018
The EIA reported a -194 bcf withdrawal for the week ending February 8th, a 4 bcf stronger pull than our estimate and 8 bcf stronger pull than the Bloomberg median. What helped our estimate stay close to EIA’s reported figure this week was our Midwest regional model, which accurately predicted the larger than expected draw within that footprint (Figure 1). An updated version of the Midwest regional model covering the week ending today will be posted via ICE Chat and BBG tomorrow. While .....
U.S. NATURAL GAS TRADE AND POWER SECTOR DEMAND
| February 13, 2018
February 13, 2018
Please find the attached data and charts detailing U.S. gas imports and power demand for the week ended February 8, 2018. Total net imports for the reference week averaged -1.74 bcf/d, up by +0.06 bcf/d week-on-week. During the same week last year, U.S. net imports averaged -0.73 bcf/d. Average natural gas demand in the power sector was 24.3 bcf/d, up by +2.6 bcf/d week-over-week. During the reference week, the contiguous US observed 147 electric weighted HDDs, up by 24 week over week.
WEEKLY NG MARKET COMMENTARY
| February 11, 2018
February 11, 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
| February 09, 2018
Commitments of Traders Report – February 09, 2018
Please find attached data and charts detailing the latest CFTC Commitments of Traders Report for the week ended February 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 , but decreased in Brent, gasoline, natural gas, heating oil and WTI during the reference week. Non-commercials net length in natural gas declined by -6.5k to +127.8k in futures and fell by -19.0k.....
NORTH AMERICAN RIG WATCH
| February 09, 2018
February 9, 2018
US: Baker Hughes shows 975 active rigs as of February 09, 2018, higher by +29 from the previous week. Oil rigs increased by +26 to 791 (ht: +18; vt-dir: +8), and gas-directed rigs increased by +3 to 184 (ht: +6; vt-dir: -3). Horizontal oil rigs increased by +7 in Permian (TX), by +4 in Bakken (ND), by +4 in Eagle Ford (TX), by +2 in Permian (NM) and by +2 in Other areas not associated with a specific play, while declining by -1 in Anadarko (OK). Horizontal gas rigs increased by +3 in Haynesvill.....
EIA NG STORAGE REPORT
| February 08, 2018
February 8, 2018
Please note our extended U.S. and Canada tables covering the withdrawal season are included in the attachment. The EIA reported a -119 bcf withdrawal for the week ending February 1st, a 4 bcf stronger pull than both our estimate and the Bloomberg median. Salt domes posted another large counter seasonal injection this week, in line with our estimate of +15 bcf. This week’s injection puts salt inventories back within the 5-year range. While our model was spot on for the salt injections, the .....