SPECTRUM
| April 05, 2023
April 04, 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 March 30, 2023: LCMC 6-wk NG storage estimate: -17, +55, +95, +101, +97, and +102 bcf. Total +433 vs +221 LY and +277 5-yr avg. This week by region: E: -8; MW: -16, MTN: -3, PAC: 0; SC: +10 (S: +6, NS: +4). There are currently 5 analysts reporting on Bloomberg with a me.....
CFTC COT
| March 31, 2023
March 31, 2023
Please find below the links to data and charts detailing the latest CFTC Commitments of Traders Report for the week ended March 28. 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 gasoline , but decreased in Brent, heating oil and gasoil during the reference week. Non-commercials net length in natural gas rose by +11.2k to -154.7k in futures and incre.....
EUROPEAN NG TRADE
| March 31, 2023
March 31, 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
| March 31, 2023
March 31, 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 752 active rigs as of March 31, 2023, lower by -3 from the previous week. Oil rigs decreased by -1 to 592 (ht: -1; vt-dir: unch), and gas-directed rigs decreased by -2 to 160 (ht: unch; vt-dir: -2). Horizontal oil rigs increased by +4 in Permian (TX) and by +1 in Anadarko (KS), while declining by -4 in Permi.....
EIA NG STORAGE REPORT
| March 31, 2023
March 30, 2023
Dear , The EIA reported a -47 bcf withdrawal, 2 bcf less than our call of -49 bcf and -7 bcf lower than Bloomberg’s median of -54 bcf. Our models are currently showing storage activity of -18, +49, +23, +83, +94, and +101 bcf over the next six weeks for a total of +332 bcf, compared to +221 bcf for the same period last year and the five-year average of +277 bcf.
NGL MARKET RECAP
| March 29, 2023
March 29, 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
| March 28, 2023
March 28, 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 March 23, 2023: LCMC 6-wk NG storage estimate: -49, -14, +35, +40, +83, and +94 bcf. Total +189 vs +160 LY and +174 5-yr avg. This week by region: E: -15; MW: -24, MTN: -4, PAC: 0; SC: -6 (S: 0, NS: -6). There are currently 6 analysts reporting on Bloomberg with a media.....
EIA NG STORAGE REPORT
| March 24, 2023
March 24, 2023
Dear , The EIA reported a -72 bcf withdrawal, 2 bcf less than our call of -74 bcf but in line with Bloomberg’s median of -72 bcf. Our models are currently showing storage activity of -43, -3, +12, +64, +77, and +93 bcf over the next six weeks for a total of +201 bcf, compared to +160 bcf for the same period last year and the five-year average of +174 bcf.
CFTC COT
| March 24, 2023
March 24, 2023
Please find below the links to data and charts detailing the latest CFTC Commitments of Traders Report for the week ended March 21. We provide all Legacy and Disaggregated trader positions for natural gas, WTI, Brent, gasoline, heating oil and gasoil. Non-commercials decreased net length in natural gas, WTI, Brent, gasoline, heating oil and gasoil during the reference week. Non-commercials net length in natural gas declined by -16.1k to -165.9k in futures and decreased by -8.6k to.....
EUROPEAN NG TRADE
| March 24, 2023
March 24, 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.