EIA NG STORAGE REPORT
| November 28, 2024
November 27, 2024
Dear , The EIA reported a withdrawal of -2 bcf for the week ending November 21, compared to our prediction of +5 bcf and Bloomberg’s median estimate of -3 bcf. Our models are currently showing storage activity of -33, -160, -143, -133, -144 and -148 bcf over the next six weeks for a total of -761 bcf, compared to -458 bcf for the same period last year and the five-year average of -533 bcf.
NORTH AMERICAN RIG WATCH
| November 27, 2024
November 27, 2024
Please find below the links to this week's detailed rig reports and a quick recap of the North American oil and gas drilling activity as reported by Baker Hughes. US: Baker Hughes shows 577 active rigs as of November 27, 2024, lower by -1 from the previous week. Oil rigs decreased by -2 to 477 (ht: -1; vt-dir: -1), and gas-directed rigs increased by +1 to 100 (ht: +1; vt-dir: unch). Horizontal oil rigs decreased by -1 in Other areas not associated with a specific play. Horizontal gas rigs i.....
U.S. COAL DELIVERIES TO POWER PLANTS
| November 27, 2024
November 27, 2024
Dear , Please find below the link to U.S. Coal Deliveries to Electric Power Plants with data through September 2024. The report contains volume and price data where available. Data files include plant-level stocks. The chart below shows the volume-weighted average cost of delivered coal. Prices ($/mmbtu) are on the left axis, volumes (millions short tons) are on the right axis. That is aggregate data for all ranks and all destinations listed in the report.
NGL MARKET RECAP
| November 27, 2024
November 27, 2024
Dear , Please find below the link to this week’s NGL Market Recap, which provides an overview of North American NGL statistics as well as global LPG prices, spreads/arbitrages and ratios.
SPECTRUM
| November 26, 2024
November 26, 2024
Dear , Please find below the link to this week's detailed inventory forecast, our 6-wk storage outlook, along with natural gas trade and power sector demand estimates and highlights of reference week balances. For the week ending November 21, 2024: We anticipate a +5 bcf injection for Thursday’s natural gas storage report. Regional breakdown for the reference week: E: unch; MW: -1, MTN: -1, PAC: -2; SC: +9 (S: +2, NS: +7). There are currently 6 analysts reporting on Bloomberg with a median estim.....
CFTC COT
| November 22, 2024
November 22, 2024
Please find below the links to data and charts detailing the latest CFTC Commitments of Traders Report for the week ended November 19. 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 gasoil , but decreased in natural gas, WTI and heating oil during the reference week. Non-commercials net length in natural gas declined by -5.6k to +24.1k in futures and .....
NORTH AMERICAN RIG WATCH
| November 22, 2024
November 22, 2024
Please find below the links to this week's detailed rig reports and a quick recap of the North American oil and gas drilling activity as reported by Baker Hughes. US: Baker Hughes shows 578 active rigs as of November 22, 2024, lower by -1 from the previous week. Oil rigs increased by +1 to 479 (ht: +3; vt-dir: -2), and gas-directed rigs decreased by -2 to 99 (ht: -2; vt-dir: unch). Horizontal oil rigs increased by +3 in Anadarko (OK), by +2 in Eagle Ford (TX), by +1 in Anadarko (TX) and by .....
EUROPEAN NG TRADE
| November 22, 2024
November 22, 2024
Dear , Please find below the link to this week's European natural gas trade and storage estimates, either in units of bcf/d or MMcm/d. European flows and storage inventories include nations in the EU-27 plus the United Kingdom, but discount the five Baltic States (Estonia, Finland, Latvia, Lithuania, and Sweden), as well as Malta and Cyprus.
EIA NG STORAGE REPORT
| November 22, 2024
November 21, 2024
Dear , The EIA reported a withdrawal of -3 bcf for the week ending November 14, compared to our prediction of +2 bcf and Bloomberg’s median estimate of +1 bcf. Our models are currently showing storage activity of +4, -46, -166, -112, -118 and -132 bcf over the next six weeks for a total of -570 bcf, compared to -349 bcf for the same period last year and the five-year average of -472 bcf.
NGL MARKET RECAP
| November 20, 2024
November 20, 2024
Dear , Please find below the link to this week’s NGL Market Recap, which provides an overview of North American NGL statistics as well as global LPG prices, spreads/arbitrages and ratios.