TTF WEEKLY REVIEW
| July 21, 2025
July 18, 2025
Dear , Our European Gas Market Weekly Watch report, along with our European natural gas trade and storage estimates (in units of MMcm/d or bcf/d), offers a summary of key developments in the European gas market. Please find this week’s reports at the links below: European flows and storage inventories include nations in the EU-27 plus the United Kingdom, but exclude the Baltic states (Estonia, Latvia, and Lithuania), Nordic countries (Finland and Sweden), and island nations (Malta and Cyprus).
CFTC COT
| July 18, 2025
July 18, 2025
Please find below the links to data and charts detailing the latest CFTC Commitments of Traders Report for the week ended July 15. 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, Brent, gasoline, heating oil and gasoil , but decreased in WTI during the reference week. Non-commercials net length in natural gas grew by +16.7k to +262.5k in futures and rose by +.....
NORTH AMERICAN RIG WATCH
| July 18, 2025
July 18, 2025
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 539 active rigs as of July 18, 2025, higher by +7 from the previous week. Oil rigs decreased by -2 to 422 (ht: -3; vt-dir: +1), and gas-directed rigs increased by +9 to 117 (ht: +10; vt-dir: -1). Horizontal oil rigs increased by +1 in Eagle Ford (TX) and by +1 in Permian (NM), while declining by -4 in Permia.....
EIA NG STORAGE REPORT
| July 17, 2025
July 17, 2025
Dear , The EIA reported a +46 bcf injection for the week ending July 10, 2 bcf higher than our estimate of +44 bcf and 1 bcf larger than Bloomberg’s median forecast of +45 bcf. Our models are currently showing storage activity of +37, +45, +22, +39, +44 and +47 bcf over the next six weeks for a total of +234 bcf, compared to +122 bcf for the same period last year and the five-year average of +188 bcf.
NGL MARKET RECAP
| July 16, 2025
July 16, 2025
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
| July 15, 2025
July 15, 2025
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 July 10, 2025: We anticipate a +44 bcf injection for Thursday's natural gas storage report. Regional breakdown for the reference week: E: +8; MW: +20, MTN: +3, PAC: +4; SC: +9 (S: -4, NS: +13). There is currently no analyst reporting on Bloomberg. Over the next six week.....
TTF WEEKLY REVIEW
| July 13, 2025
July 13, 2025
Dear , Our European Gas Market Weekly Watch report, along with our European natural gas trade and storage estimates (in units of MMcm/d or bcf/d), offers a summary of key developments in the European gas market. Please find this week’s reports at the links below: European flows and storage inventories include nations in the EU-27 plus the United Kingdom, but exclude the Baltic states (Estonia, Latvia, and Lithuania), Nordic countries (Finland and Sweden), and island nations (Malta and Cyprus).
CFTC COT
| July 11, 2025
July 11, 2025
Please find below the links to data and charts detailing the latest CFTC Commitments of Traders Report for the week ended July 08. 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, Brent, gasoline, heating oil and gasoil , but decreased in WTI during the reference week. Non-commercials net length in natural gas increased by +5.6k to +245.8k in futures and rose .....
NORTH AMERICAN RIG WATCH
| July 11, 2025
July 11, 2025
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 532 active rigs as of July 11, 2025, lower by -1 from the previous week. Oil rigs decreased by -1 to 424 (ht: -1; vt-dir: unch), and gas-directed rigs were unchanged at 108 (ht: unch; vt-dir: unch). Horizontal oil rigs increased by +1 in Anadarko (OK) and by +1 in Permian (NM), while declining by -3 in Other.....
EIA NG STORAGE REPORT
| July 11, 2025
July 10, 2025
Dear , The EIA reported a +53 bcf injection for the week ending July 3, 12 bcf less than our estimate of +65 bcf and 9 bcf smaller than Bloomberg’s median forecast of +62 bcf. Our models are currently showing storage activity of +44, +33, +31, +38, +36 and +39 bcf over the next six weeks for a total of +221 bcf, compared to +105 bcf for the same period last year and the five-year average of +191 bcf.