EIA NG STORAGE REPORT
| December 01, 2022
December 1, 2022
Dear , The EIA reported a -81 bcf withdrawal, 7 bcf greater than our call of -88 bcf and 1 bcf greater than the Bloomberg median of -82 bcf. Our models are currently showing storage activity of -22, -76, -124, -116, -125, -137 bcf over the next six weeks for a total of -600 bcf, compared to -531 bcf for the same period last year and the five-year average of -627 bcf.
NGL MARKET RECAP
| November 30, 2022
November 30, 2022
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.
CFTC COT
| November 30, 2022
November 30, 2022
Please find below the links to data and charts detailing the latest CFTC Commitments of Traders Report for the week ended November 22. 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 and heating oil , but decreased in natural gas, WTI, Brent and gasoil during the reference week. Non-commercials net length in natural gas declined by -16.3k to -45.2k in futures and .....
SPECTRUM
| November 29, 2022
November 29, 2022
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 November 24, 2022: LCMC 6-wk NG storage estimate: -88, -26, -76, -124, -126, -142 bcf. Total -582 vs -427 LY and -504 5-yr avg. This week by region: E: -30; MW: -27, MTN: -6, PAC: -7; SC: -18 (S: -4, NS: -14). 6 analysts reported on BBG with a median of -87 bcf. Total n.....
EUROPEAN NG TRADE
| November 28, 2022
November 25, 2022
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
| November 23, 2022
November 23, 2022
Dear , The EIA reported a -80 bcf withdrawal, 6 bcf greater than our call and the Bloomberg median of -86 bcf. Our models are currently showing storage activity of -99, -47, -111, -115, -134, -151 bcf over the next six weeks for a total of -657 bcf, compared to -427 bcf for the same period last year and the five-year average of -504 bcf.
NORTH AMERICAN RIG WATCH
| November 23, 2022
November 23, 2022
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 782 active rigs as of November 23, 2022, higher by +2 from the previous week. Oil rigs increased by +4 to 627 (ht: +2; vt-dir: +2), and gas-directed rigs decreased by -2 to 155 (ht: -2; vt-dir: unch). Horizontal oil rigs increased by +2 in Permian (NM) and by +1 in Anadarko (OK), while declining by -1 in Per.....
NGL MARKET RECAP
| November 23, 2022
November 23, 2022
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
| November 22, 2022
November 22, 2022
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 November 17, 2022: LCMC 6-wk NG storage estimate: -86, -110, -54, -95, -121, -142 bcf. Total -608 vs -395 LY and -454 5-yr avg. This week by region: E: -18; MW: -25, MTN: -9, PAC: -9; SC: -25 (S: -5, NS: -20). 3 analyst reported on BBG with a median of -86 bcf. Total ne.....
CFTC COT
| November 18, 2022
November 18, 2022
Please find below the links to data and charts detailing the latest CFTC Commitments of Traders Report for the week ended November 15. 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 and gasoil , but decreased in WTI, Brent, gasoline and heating oil during the reference week. Non-commercials net length in natural gas declined by -0.7k to -28.9k in futures and .....