EIA NG STORAGE REPORT | March 02, 2023
March 02, 2023
Dear , The EIA reported a -81 bcf withdrawal, 8 bcf greater than our call of -73 bcf and 5 bcf greater than the Bloomberg median of -76 bcf. Our models are currently showing storage activity of -83, -95, -130, -31, +4, and +26 bcf over the next six weeks for a total of -309 bcf, compared to -268 bcf for the same period last year and the five-year average of -209 bcf.
NGL MARKET RECAP | March 01, 2023
March 01, 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 01, 2023
February 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 February 23, 2023: LCMC 6-wk NG storage estimate: -73, -75, -94, -122, -26, and +8 bcf. Total -383 vs -414 LY and -370 5-yr avg. This week by region: E: -12; MW: -30, MTN: -10, PAC: -12; SC: -9 (S: -2, NS: -7). There are currently 4 analysts reporting on Bloomberg with .....
CFTC COT | February 24, 2023
February 03, 2023
Please find below the links to data and charts detailing the latest CFTC Commitments of Traders Report for the week ended January 31. We provide all Legacy and Disaggregated trader positions for natural gas, WTI, Brent, gasoline, heating oil and gasoil. Non-commercials increased net length in gasoline , but decreased in natural gas, WTI, Brent, heating oil and gasoil during the reference week. Non-commercials net length in natural gas declined by -4.5k to -162.7k in futures and decreased by -10......
NORTH AMERICAN RIG WATCH | February 24, 2023
February 24, 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 751 active rigs as of February 24, 2023, lower by -7 from the previous week. Oil rigs decreased by -7 to 600 (ht: -6; vt-dir: -1), and gas-directed rigs were unchanged at 151 (ht: -1; vt-dir: +1). Horizontal oil rigs increased by +2 in Anadarko (OK) and by +1 in Permian (TX), while declining by -2 in Montere.....
EUROPEAN NG TRADE | February 24, 2023
February 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.
EIA NG STORAGE REPORT | February 24, 2023
February 23, 2023
Dear , The EIA reported a -71 bcf withdrawal, 11 bcf greater than our call of -60 bcf and 9 bcf greater than the Bloomberg median of -62 bcf. Our models are currently showing storage activity of 70, -92, -77, -70, -30, and 0 bcf over the next six weeks for a total of -340 bcf, compared to -414 bcf for the same period last year and the five-year average of -370 bcf.
NGL MARKET RECAP | February 23, 2023
February 23, 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 | February 21, 2023
February 21, 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 February 9, 2023: LCMC 6-wk NG storage estimate: -60, -72, -130, -93, -60, and -39 bcf. Total -454 vs -527 LY and -548 5-yr avg. This week by region: E: -12; MW: -22, MTN: -8, PAC: -10; SC: -8 (S: unch, NS: -8). No analysts reported their forecasts on BBG. Total net exp.....
EUROPEAN NG TRADE | February 17, 2023
February 17, 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.