NGL MARKET RECAP
| August 24, 2016
August 24, 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
| August 23, 2016
August 23, 2016
Please find attached data and charts detailing U. S. gas imports and power demand for the week ended August 18, 2016. Total net imports for the reference week averaged 0.99 bcf/d, lower by -0.07 bcf/d week-on-week. During the same week last year, U.S. net imports averaged 2.76 bcf/d. Average natural gas demand in the power sector was 37.3 bcf/d, higher by +1.2 bcf/d week-over-week. During the reference week, the contiguous US observed 102 population-weighted CDDs, higher by +5 CDDs week over w.....
CFTC COT
| August 22, 2016
Commitments of Traders Report – August 22, 2016
Please find attached data and charts detailing the latest CFTC Commitments of Traders Report for the week ended August 16. 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, gasoil, heating oil and WTI , but decreased in gasoline and natural gas during the reference week. Non-commercials net length in natural gas declined by -20.1k to +151.1k in futures and fell by -10......
NORTH AMERICAN RIG WATCH
| August 19, 2016
August 19, 2016
Baker Hughes shows 489 active rigs as of August 19, 2016, higher by +10 from the previous week. Oil rigs increased by +10 to 406 (ht: +4; vt-dir: +6), while gas-directed rigs were unchanged at 83 (ht: +3; vt-dir: -3). Horizontal oil rigs increased by +5 in Permian (TX) and by +2 in Anadarko (OK), while decreasing by -2 in Bakken (ND) and by -1 in Eagle Ford (TX). Horizontal gas rigs increased by +2 in Marcellus ( SWPA ) and by +1 in Marcellus (WV).
EIA NG STORAGE REPORT
| August 18, 2016
August 18, 2016
The EIA reported a +22 bcf withdrawal for the week ending August 18, coming in below our own number of +28 bcf and the Bloomberg median at +25 bcf. This is the second week in a row our model overestimated the inventory build. Our scrape-based flow model indicated a +31 bcf build, but given the extreme ERCOT non-wind/non-nuc power demand surge, we had manually cut that figure to 28 bcf. In essence, today’s miss was a result of treating last week’s number as an outlier and not adjusting the .....
NGL MARKET RECAP
| August 17, 2016
August 17, 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
| August 16, 2016
August 16, 2016
Please find attached data and charts detailing U. S. gas imports and power demand for the week ended August 11, 2016. Total net imports for the reference week averaged 1.06 bcf/d, lower by -0.24 bcf/d week-on-week. During the same week last year, U.S. net imports averaged 1.62 bcf/d. Average natural gas demand in the power sector was 36.1 bcf/d, higher by +0.6 bcf/d week-over-week. During the reference week, the contiguous US observed 97 population-weighted CDDs, higher by +1 CDDs week over we.....
CFTC COT
| August 15, 2016
Commitments of Traders Report – August 15, 2016
Please find attached data and charts detailing the latest CFTC Commitments of Traders Report for the week ended August 09. 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 gasoline , but decreased in natural gas, gasoil, heating oil and WTI during the reference week. Non-commercials net length in natural gas fell by -18.1k to +171.3k in futures and decreased by -15.....
NORTH AMERICAN RIG WATCH
| August 12, 2016
August 12, 2016
Baker Hughes shows 479 active rigs as of August 12, 2016, higher by +17 from the previous week. Oil rigs increased by +15 to 396 (ht: +12; vt-dir: +3), while gas-directed rigs decreased by +2 to 83 (ht: +1; vt-dir: +1). Horizontal oil rigs increased by +11 in Permian (TX). Horizontal gas rigs increased by +1 in Ohio.
NGL MARKET RECAP
| August 10, 2016
August 10, 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.