CFTC COT
| October 27, 2017
Commitments of Traders Report – October 27, 2017
Please find attached data and charts detailing the latest CFTC Commitments of Traders Report for the week ended October 24. 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 WTI , but decreased in natural gas, gasoil and heating oil during the reference week. Non-commercials net length in natural gas decreased by -2.7k to +331.0k in futures and fell by -9......
NORTH AMERICAN RIG WATCH
| October 27, 2017
October 27, 2017
US: Baker Hughes shows 909 active rigs as of October 27, 2017, lower by -4 from the previous week. Oil rigs increased by +1 to 737 (ht: +2; vt-dir: -1), and gas-directed rigs decreased by -5 to 172 (ht: -4; vt-dir: -1). Horizontal oil rigs increased by +4 in Permian (TX), by +1 in Anadarko (OK) and by +2 in Other areas not associated with a specific play, while declining by -2 in Anadarko (TX), by -2 in Eagle Ford (TX) and by -1 in Bakken (ND). Horizontal gas rigs decreased by -2 in Marcellus (.....
EIA NG STORAGE REPORT
| October 26, 2017
October 26, 2017
The EIA reported a +64 bcf injection for the week ending October 19th, in-line with our estimate and 1 bcf below the Bloomberg median. As far as the regional balances are concerned – our underestimation of injections in the South Central this week offset our overestimation in the Mountain region, causing our total estimate to match the EIA’s total reported number. Still the 2 bcf miss in the mountain region was surprising, especially based on the size of the region. Our flow model continues .....
NGL MARKET RECAP
| October 25, 2017
October 25, 2017
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
| October 24, 2017
October 24, 2017
Please find the attached data and charts detailing U.S. gas imports and power demand for the week ended October 19th, 2017. Total net imports for the reference week averaged -1.72 bcf/d, lower by -0.62 bcf/d week-on-week. During the same week last year, U.S. net imports averaged +0.89 bcf/d. Average natural gas demand in the power sector was 25.9 bcf/d, down by -4.4 bcf/d week-over-week. During the reference week, the contiguous US observed 23 population weighted CDDs and 28 electric weighte.....
WEEKLY NG MARKET COMMENTARY
| October 23, 2017
October 22, 2017
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
| October 20, 2017
Commitments of Traders Report – October 20, 2017
Please find attached data and charts detailing the latest CFTC Commitments of Traders Report for the week ended October 17. 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 and natural gas , but decreased in gasoline, gasoil, heating oil and WTI during the reference week. Non-commercials net length in natural gas grew by +28.6k to +341.7k in futures and increased by +2.....
NORTH AMERICAN RIG WATCH
| October 20, 2017
October 20, 2017
US: Baker Hughes shows 913 active rigs as of October 20, 2017, lower by -15 from the previous week. Oil rigs decreased by -7 to 736 (ht: -10; vt-dir: +3), and gas-directed rigs decreased by -8 to 177 (ht: -5; vt-dir: -3). Horizontal oil rigs decreased by -3 in Permian (TX), by -1 in Anadarko (OK), by -1 in Anadarko (TX), by -1 in Permian (NM) and by -4 in Other areas not associated with a specific play. Horizontal gas rigs decreased by -2 in Haynesville (TX), by -1 in Haynesville (LA), by -1 in.....
EIA NG STORAGE REPORT
| October 19, 2017
October 19, 2017
The EIA reported a +51 bcf injection for the week ending October 12th, 7 bcf higher than our estimate and 2 bcf below the Bloomberg average. After Hurricane Harvey, we suggested that the impact of hurricanes on US natural gas balances had shifted dramatically since Katrina and Rita. We argued that over the past decade extreme weather events in the GOM have caused a bigger impact on demand rather than supply. Therefore, seeing offshore shut-in volumes climb higher in the days leading to and.....
NGL MARKET RECAP
| October 18, 2017
October 18, 2017
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.