NGL MARKET RECAP
| September 13, 2017
September 13, 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
| September 12, 2017
September 12, 2017
Please find the attached data and charts detailing U.S. gas imports and power demand for the week ended September 7, 2017. Total net imports for the reference week averaged +0.90 bcf/d, up by +0.80 bcf/d week-on-week. During the same week last year, U.S. net imports averaged 0.18 bcf/d. Average natural gas demand in the power sector was 30.0 bcf/d, down -0.1 bcf/d week-over-week. During the reference week, the contiguous US observed 56 population weighted CDDs, down 5 week over week.
CFTC COT
| September 11, 2017
Commitments of Traders Report – September 11, 2017
Please find attached data and charts detailing the latest CFTC Commitments of Traders Report for the week ended September 05. 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, gasoil, heating oil and WTI , but decreased in natural gas during the reference week. Non-commercials net length in natural gas decreased by -26.4k to +349.6k in futures and fell by -23.....
NORTH AMERICAN RIG WATCH
| September 08, 2017
September 8, 2017
US: Baker Hughes shows 943 active rigs as of September 08, 2017, higher by +1 from the previous week. Oil rigs decreased by -3 to 756 (ht: -1; vt-dir: -2), and gas-directed rigs increased by +4 to 187 (ht: unch; vt-dir: +4). Horizontal oil rigs increased by +2 in Permian (NM) and by +1 in Bakken (ND), while declining by -1 in Eagle Ford (TX), by -1 in Permian (TX) and by -2 in Other areas not associated with a specific play. Horizontal gas rigs increased by +2 in Haynesville (TX) and by +1 in M.....
EIA NG STORAGE REPORT
| September 07, 2017
September 7, 2017
Please note our extended U.S. and Canada tables covering the injection season are included in the attachment. The EIA reported a 65 bcf injection for the week ending August 31st. The number was 1 bcf above our estimate and in line with the Bloomberg median. The biggest differences between our estimate and the reported EIA numbers came in the Midwest and South Central, with our model over-predicting the injection in the South Central and under-predicting the injection in the Midwest. Sinc.....
NGL MARKET RECAP
| September 07, 2017
September 7, 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
| September 06, 2017
September 6, 2017
Please find the attached data and charts detailing U.S. gas imports and power demand for the week ended August 24, 2017. Total net imports for the reference week averaged +0.10 bcf/d, up by +0.53 bcf/d week-on-week. During the same week last year, U.S. net imports averaged 1.00 bcf/d. Average natural gas demand in the power sector was 30.1 bcf/d, down -5.8 bcf/d week-over-week. During the reference week, the contiguous US observed 61 population weighted CDDs, down 22 week over week.
CFTC COT
| September 05, 2017
Commitments of Traders Report - September 5, 2017
Please find attached data and charts detailing the latest CFTC Commitments of Traders Report for the week ended August 29. 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, natural gas, gasoil and heating oil , but decreased in WTI during the reference week. Non-commercials net length in natural gas increased by +1.7k to +376.0k in futures and grew by +1.6k t.....
NORTH AMERICAN RIG WATCH
| September 01, 2017
September 1, 2017
US: Baker Hughes shows 942 active rigs as of September 01, 2017, higher by +3 from the previous week. Oil rigs were unchanged at 759 (ht: -3; vt-dir: +3), and gas-directed rigs increased by +3 to 183 (ht: +1; vt-dir: +2). Horizontal oil rigs increased by +3 in Permian (NM) and by +2 in Other areas not associated with a specific play, while declining by -5 in Anadarko (OK), by -2 in Permian (TX) and by -1 in Eagle Ford (TX). Horizontal gas rigs increased by +1 in Marcellus ( SWPA ) and by +1 in .....
EIA NG STORAGE REPORT
| August 31, 2017
August 31, 2017
The EIA reported a 30 bcf injection for the week ending August 24th. The number was 1 bcf below our estimate and in line with the Bloomberg median. While our total estimate was close to the EIA reported number, there were some unexpected regional differences in the Mountain and South Central. In the South Central, we likely underestimated demand impacts ahead of the Hurricane (both in the power and RCI sectors) and overestimated supply impacts (due to shut-ins), leading our South Central.....