EUROPEAN NG TRADE
| August 18, 2023
August 18, 2023
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
| August 18, 2023
August 18, 2023
Dear , The EIA reported a +35 bcf injection, 3 bcf lower than our prediction of +38 bcf and matching Bloomberg’s median estimate of +35 bcf. Our models are currently showing storage activity of +29, +22, +31, +69, +74, and +84 bcf over the next six weeks for a total of +310 bcf, compared to +446 bcf for the same period last year and the five-year average of +404 bcf.
NGL MARKET RECAP
| August 16, 2023
August 16, 2023
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
| August 15, 2023
August 15, 2023
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 August 10, 2023: LCMC 6-wk NG storage estimate: +38, +34, +23, +45, +82, and +82 bcf. Total +305 bcf vs +365 bcf LY and +361 bcf 5-yr avg. This week by region: E: +19; MW: +20, MTN: +5, PAC: +7; SC: -13 (S: -13, NS: 0). Total net exports averaged 12.86 bcf/d, up by 0.05.....
EIA NG STORAGE REPORT
| August 15, 2023
August 10, 2023
Dear , The EIA reported a +29 bcf injection, 5 bcf higher than our prediction of +24 bcf and 6 bcf greater than Bloomberg’s median estimate of +23 bcf. Our models are currently showing storage activity of +38, +34, +10, +30, +82, and +80 bcf over the next six weeks for a total of +274 bcf, compared to +365 bcf for the same period last year and the five-year average of +361 bcf.
EUROPEAN NG TRADE
| August 14, 2023
August 14, 2023
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.
CFTC COT
| August 11, 2023
August 11, 2023
Please find below the links to data and charts detailing the latest CFTC Commitments of Traders Report for the week ended August 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, WTI and heating oil , but decreased in Brent, gasoline and gasoil during the reference week. Non-commercials net length in natural gas rose by +13.5k to +43.6k in futures and grew .....
NORTH AMERICAN RIG WATCH
| August 11, 2023
August 11, 2023
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 648 active rigs as of August 11, 2023, lower by -5 from the previous week. Oil rigs were unchanged at 525 (ht: -1; vt-dir: +1), and gas-directed rigs decreased by -5 to 123 (ht: -5; vt-dir: unch). Horizontal oil rigs increased by +3 in Permian (NM), while declining by -2 in Permian (TX), by -1 in Eagle Ford .....
NGL MARKET RECAP
| August 09, 2023
August 09, 2023
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
| August 08, 2023
August 08, 2023
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 August 3, 2023: LCMC 6-wk NG storage estimate: +24, +29, +5, +4, +60, and +69 bcf. Total +191 bcf vs +309 bcf LY and +323 bcf 5-yr avg. This week by region: E: +16; MW: +18, MTN: +2, PAC: +2; SC: -14 (S: -12, NS: -2). Total net exports averaged 12.72 bcf/d, up by 0.04 b.....