CFTC COT
| November 27, 2017
Commitments of Traders Report – November 27, 2017
Please find attached data and charts detailing the latest CFTC Commitments of Traders Report for the week ended November 21. 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 -23.4k to +286.9k in futures and fell by -27.0k to +358.8k in fu.....
WEEKLY NG MARKET COMMENTARY
| November 26, 2017
November 26, 2017
Please follow the link below to find our weekly natural gas commentary report, highlighting key trends in this week’s natural gas market.
EIA NG STORAGE REPORT
| November 22, 2017
November 22, 2017
The EIA reported a -46 bcf withdrawal for the week ending November 16th, the number was -2 bcf below our estimate and +9 bcf above the Bloomberg median. Despite our estimate being fairly close to the EIA’s total this week, our regional balances were somewhat off in the Midwest. Both our flow model and regional model underestimated the pull from Midwest storage. It’s likely that utilities and intrastate storage pools we can’t track pulled stronger than expected. Based on the sudden week over .....
NORTH AMERICAN RIG WATCH
| November 22, 2017
November 22, 2017
US: Baker Hughes shows 923 active rigs as of November 22, 2017, higher by +8 from the previous week. Oil rigs increased by +9 to 747 (ht: +9; vt-dir: unch), and gas-directed rigs decreased by -1 to 176 (ht: +1; vt-dir: -2). Horizontal oil rigs increased by +3 in Permian (NM) and by +8 in Other areas not associated with a specific play, while declining by -2 in Permian (TX). Horizontal gas rigs increased by +1 in Other areas not associated with a specific play. Canada: Baker Hughes shows 215 .....
NGL MARKET RECAP
| November 22, 2017
November 22, 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
| November 21, 2017
November 21, 2017
Please find the attached data and charts detailing U.S. gas imports and power demand for the week ended November 16, 2017. Total net imports for the reference week averaged -1.13 bcf/d, higher by +0.49 bcf/d week-on-week. During the same week last year, U.S. net imports averaged -0.54 bcf/d. Average natural gas demand in the power sector was 30.8 bcf/d, down by -2.2 bcf/d week-over-week. During the reference week, the contiguous US observed 89 electric weighted HDDs, up by 28 week over week.
WEEKLY NG MARKET COMMENTARY
| November 19, 2017
November 19, 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
| November 17, 2017
Commitments of Traders Report – November 17, 2017
Added contract: Henry Hub Penultimate Financial ( CFTC Code: 023A56) is now included in the natural gas section of the report. Please find attached data and charts detailing the latest CFTC Commitments of Traders Report for the week ended November 14. 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, heating oil and WTI , but decreased in gasoi.....
NORTH AMERICAN RIG WATCH
| November 17, 2017
November 17, 2017
US: Baker Hughes shows 915 active rigs as of November 17, 2017, higher by +8 from the previous week. Oil rigs were unchanged at 738 (ht: -1; vt-dir: +1), and gas-directed rigs increased by +8 to 177 (ht: +1; vt-dir: +7). Horizontal oil rigs increased by +6 in Permian (TX), while declining by -3 in Permian (NM), by -1 in Eagle Ford (TX) and by -3 in Other areas not associated with a specific play. Horizontal gas rigs increased by +1 in Haynesville (LA) and by +1 in Marcellus (WV), while declinin.....
EIA NG STORAGE REPORT
| November 16, 2017
November 16, 2017
The EIA reported a -18 bcf withdrawal for the week ending November 9th, the number was -13 bcf below our estimate and -3 bcf below the Bloomberg median. The transition from the injection to withdrawal season is always tricky and this year proved to be no different. Given the wide range of estimates from our storage models, we decided to rely on our regional Midwest flow model. That estimate relies on measured flows in and out of the region, modeling demand to solve for weekly inventory chang.....