EIA NG STORAGE REPORT
| May 19, 2023
May 19, 2023
Dear , The EIA reported a +99 bcf injection, 7 bcf less than our call of +106 bcf and 9 bcf less than Bloomberg’s median estimate of 108 bcf. Our models are currently showing storage activity of +96, +101, +86, +70, +65, and +56 bcf over the next six weeks for a total of +475 bcf, compared to +520 bcf for the same period last year and the five-year average of +547 bcf.
NGL MARKET RECAP
| May 17, 2023
May 17, 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. Data and charts of the Mont Belvieu non-LST to FEI, Propane Arbitrage, Butane Arbitrage and Mont Belvieu LST NGL Frac Spreads are not available today, due to an issue with our data provider.
SPECTRUM
| May 16, 2023
May 16, 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 May 11, 2023: LCMC 6-wk NG storage estimate: +106, +115, +115, +106, +93, and +84 bcf. Total +620 vs +526 LY and +558 5-yr avg. This week by region: E: +34; MW: +29, MTN: +8, PAC: +13; SC: +22 (S: +8, NS: +14). There are currently 6 analysts reporting on Bloomberg with .....
CFTC COT
| May 12, 2023
May 12, 2023
Please find below the links to data and charts detailing the latest CFTC Commitments of Traders Report for the week ended May 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 WTI , but decreased in natural gas, Brent, gasoline, heating oil and gasoil during the reference week. Non-commercials net length in natural gas declined by -10.3k to -113.6k in futures and decrea.....
EUROPEAN NG TRADE
| May 12, 2023
May 12, 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.
NORTH AMERICAN RIG WATCH
| May 12, 2023
May 12, 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 727 active rigs as of May 12, 2023, lower by -18 from the previous week. Oil rigs decreased by -2 to 586 (ht: -3; vt-dir: +1), and gas-directed rigs decreased by -16 to 141 (ht: -13; vt-dir: -3). Horizontal oil rigs increased by +6 in Eagle Ford (TX) and by +2 in Permian (NM), while declining by -4 in Permia.....
EIA NG STORAGE REPORT
| May 12, 2023
May 11, 2023
Dear , The EIA reported a +78 bcf injection, 2 less than our call of +80 but matching Bloomberg’s median estimate. Our models are currently showing storage activity of +104, +113, +110, +106, +100, and +93 bcf over the next six weeks for a total of +629 bcf, compared to +526 bcf for the same period last year and the five-year average of +559 bcf.
NGL MARKET RECAP
| May 10, 2023
May 10, 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. Data and charts of the Mont Belvieu non-LST to FEI, Propane Arbitrage, Butane Arbitrage and Mont Belvieu LST NGL Frac Spreads are not available today, due to an issue with our data provider.
SPECTRUM
| May 09, 2023
May 09, 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 May 4, 2023: LCMC 6-wk NG storage estimate: +80, +112, +108, +109, +106, and +102 bcf. Total +617 vs +526 LY and +559 5-yr avg. This week by region: E: +18; MW: +20, MTN: +7, PAC: +12; SC: +23 (S: +10, NS: +13). There are currently 5 analysts reporting on Bloomberg with.....
EIA NG STORAGE REPORT
| May 06, 2023
May 05, 2023
Dear , The EIA reported a +54 bcf injection, 3 less than our call of +57 but 2 bcf greater than Bloomberg’s median of +52 bcf. Our models are currently showing storage activity of +80, +119, +111, +110, +108, and +102 bcf over the next six weeks for a total of +629 bcf, compared to +526 bcf for the same period last year and the five-year average of +559 bcf.