CFTC COT
| January 13, 2014
Commitments of Traders Report – January 13, 2014
Please find attached data and charts detailing the latest CFTC Commitments of Traders Report for the week ended January 07. We provide all Legacy and Disaggregated trader positions for natural gas, WTI , Brent, gasoline and heating oil. Non-commercials decreased net length in natural gas, heating oil, Brent, gasoline and WTI during the reference week. Non-commercials net length in natural gas declined by -5.1k to +359.5k in futures and fell by -3.0k to +493.6k in futures and options. .....
NORTH AMERICAN RIG WATCH
| January 10, 2014
January 10, 2014
Baker Hughes shows 1,750 active rigs as of January 10, 2014, unchanged from the previous week. Oil rigs increased by +15 to 1,393 (ht: +20; vt-dir: -5) and gas-directed rigs decreased by -15 to 357 (ht: -10; vt-dir: -5). Vertical oil rigs increased by +11 to 98 in Anadarko (OK), while horizontal gas-directed rigs increased by +2 to 25 in Haynesville (TX) and by +2 to 29 in Marcellus (WV).
EIA NG STORAGE REPORT
| January 09, 2014
January 9, 2014
Please note our extended tables covering the withdrawal season are included in the attachment. EIA reported a -157 bcf withdrawal for the week ending January 3 (Bloomberg median -152 bcf, Bloomberg whisper: -148). The 25 estimates submitted to Bloomberg varied from -185 bcf to -137 bcf with a standard deviation of 10 bcf. Our model showed -150 bcf. Nationwide natural gas-weighted HDDs increased by +22 to 213, while nationwide electricity-weighted cooling degree days reported by NOAA decre.....
NGL MARKET RECAP
| January 08, 2014
January 8, 2014
Propane: US propane inventories fell by -3.4m bbl to 42.4m bbl for the week ended January 3, 2014, which is -13.2m bbl below the five-year average. PADD 3 inventories fell by -8%, or -2.1m bbl, to 23.2m bbl. PADD 2 stocks fell -9%, or -1.2m bbl, to 13.1m bbl, and in PADD 1, stocks decreased by -95k bbl to stand at 3.8m bbl. Implied demand increased +22% to 1.7 mb/d; imports were up +19% to 125 kb/d and production increased +1% to 1.47 mb/d last week. In Focus: Northeast propane Des.....
CFTC COT
| January 06, 2014
Commitments of Traders Report – January 6, 2014
Non-commercials increased net length in Brent and gasoline, but decreased in natural gas and WTI during the reference week. Non-commercials decreased net length in natural gas by -13.4 to +364.6k in futures and by -17.3 to +496.6k in futures and options. The price of the front month natural gas contract was down by -4.2% to $4.23 on December 31. Non-commercial traders entered long and short positions in NYMEX futures, but exited long positions in NYMEX swaps and short positions in NYMEX.....
NGL MARKET RECAP
| January 03, 2014
January 3, 2014
Propane: US propane inventories fell by -1.5m bbl to 45.9m bbl for the week ended December 27, 2013, which is -11.2m bbl below the five-year average. PADD 3 inventories fell by -2.1%, or -836k bbl, to 25.3m bbl. PADD 2 stocks fell -5.8%, or -877k bbl, to 14.3m bbl, and in PADD 1, stocks increased by +17k bbl to stand at 3.9m bbl. Implied demand decreased -9% to 1.41 mb/d; imports declined by -10% to 105 kb/d and production increased +1% to 1.45 mb/d last week.
NORTH AMERICAN RIG WATCH
| January 03, 2014
January 3, 2014
Baker Hughes shows 1,750 active rigs as of January 3, 2014, lower by -6 from the previous week. Oil rigs decreased by -4 to 1,378 (ht: +2; vt-dir: -6) and gas-directed rigs decreased by -2 to 372 (ht: 0; vt-dir: -2). Vertical oil rigs increased by +2 to 41 in Anadarko (TX), while horizontal gas-directed rigs increased by +2 to 23 Haynesville (TX).
CFTC COT
| December 30, 2013
Commitments of Traders Report – December 30, 2013
Please find attached data and charts detailing the latest CFTC Commitments of Traders Report for the week ended December 24. We provide all Legacy and Disaggregated trader positions for natural gas, WTI , Brent, gasoline and heating oil. Non-commercials increased net length in natural gas, WTI , Brent, gasoline and heating oil during the reference week. Non-commercials increased net length in natural gas by +57.4 to +378.1k in futures and by +55.0 to +513.9k in futures and options. The pri.....
EIA NG STORAGE REPORT
| December 27, 2013
December 27, 2013
EIA reported a -177 bcf withdrawal for the week ending December 20 (Bloomberg median -177 bcf). The 18 estimates submitted to Bloomberg varied from -192 bcf to -163 bcf with a standard deviation of 6 bcf. Nationwide natural gas-weighted HDDs decreased by -40 to 213. Total US: -177 bcf ( LCMC : N/A, Bloomberg median: -177 bcf) East: -115 bcf West: -21 bcf Producing: -41 bcf (Salt: -14 bcf, Non-Salt: -28 bcf) There will be no commentary this week.
NORTH AMERICAN RIG WATCH
| December 27, 2013
December 27, 2013
Baker Hughes shows 1,756 active rigs as of December 27, 2013, lower by -11 from the previous week. Oil rigs decreased by -13 to 1,382 (ht: +3; vt-dir: -16) while gas-directed rigs increased by +2 to 374 (ht: +3; vt-dir: -1). Vertical oil rigs decreased by -9 to 208 in the Permian (TX), while horizontal gas-directed rigs increased by +1 to 23 in the Marcellus ( SWPA ).