CFTC COT
| September 19, 2016
Commitments of Traders Report – September 19, 2016
Please find attached data and charts detailing the latest CFTC Commitments of Traders Report for the week ended September 13. 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 gasoil during the reference week. Non-commercials net length in natural gas increased by +11.6k to +242.9k in futures and grew by +20.....
NORTH AMERICAN RIG WATCH
| September 16, 2016
September 16, 2016
Baker Hughes shows 505 active rigs as of September 16, 2016, lower by -1 from the previous week. Oil rigs increased by +2 to 416 (ht: unch; vt-dir: +2), while gas-directed rigs decreased by -3 to 89 (ht: -2; vt-dir: -1). Horizontal oil rigs increased by +2 in Anadarko (OK) and by +1 in Eagle Ford (TX), while decreasing by -2 in Bakken (ND) and by -1 in Anadarko (TX). Horizontal gas rigs decreased by -1 in Eagle Ford (TX), by -1 in Haynesville (LA) and by -1 in Other, while increasing by +1 in Wo.....
EIA NG STORAGE REPORT
| September 15, 2016
September 15, 2016
The EIA reported a +62 bcf injection for the week ending September 8, coming in above our estimate of +58 bcf and the Bloomberg median at +61 bcf. Practically all the miss in our model came from the South Central, where the inventory-build in the salt domes across the South Central remained relatively robust despite the strength in cash. In last week’s report, we emphasized the strength in Henry Hub cash prices and the role it played in the smaller-than-expected bui.....
NGL MARKET RECAP
| September 14, 2016
September 14, 2016
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 13, 2016
September 13, 2016
Please find attached data and charts detailing U. S. gas imports and power demand for the week ended September 8, 2016. Total net trade for the reference week averaged -0.27 bcf/d (US became a net exporter for the first time), lower by -0.95 bcf/d week-on-week. During the same week last year, U.S. net imports averaged 2.04 bcf/d. Average natural gas demand in the power sector was 29.8 bcf/d, lower by -4.3 bcf/d week-over-week. During the reference week, the contiguous US observed 70 population.....
CFTC COT
| September 12, 2016
Commitments of Traders Report – September 12, 2016
Please find attached data and charts detailing the latest CFTC Commitments of Traders Report for the week ended September 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 natural gas , but decreased in Brent, gasoline, gasoil, heating oil and WTI during the reference week. Non-commercials net length in natural gas rose by +2.5k to +231.3k in futures and grew by +9.1k to .....
NORTH AMERICAN RIG WATCH
| September 09, 2016
September 9, 2016
Baker Hughes shows 506 active rigs as of September 9, 2016, higher by +11 from the previous week. Oil rigs increased by +7 to 414 (ht: -3; vt-dir: +10), while gas-directed rigs increased by +4 to 92 (ht: +4; vt-dir: unch). Horizontal oil rigs decreased by -4 in Anadarko (OK) and by -2 in Permian (NM), while increasing by +3 in Anadarko (TX). Horizontal gas rigs increased by +2 in Marcellus (WV) and by +2 in Other.
EIA NG STORAGE REPORT
| September 08, 2016
September 8, 2016
The EIA reported a +36 bcf injection for the week ending September 1, coming in below our estimate of +41 bcf and the Bloomberg median at +42 bcf. Midwest injection exceeded our expectation by 4 bcf, and our model failed to capture the sharp withdrawals in South Central, especially among non-salt fields. Both regions have limited flow visibility and it is hard to speculate on the specifics of the causes, especially in the Midwest. As for South Central, cash front-month spread approached 10.....
NGL MARKET RECAP
| September 08, 2016
September 8, 2016
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, 2016
September 06, 2016
Please find attached data and charts detailing U. S. gas imports and power demand for the week ended September 1, 2016. Total net imports for the reference week averaged 0.68 bcf/d, lower by -0.23 bcf/d week-on-week. During the same week last year, U.S. net imports averaged 2.48 bcf/d. Average natural gas demand in the power sector was 34.1 bcf/d, higher by +1.2 bcf/d week-over-week. During the reference week, the contiguous US observed 86 population-weighted CDDs, higher by +7 CDDs week over .....