SPECTRUM
| June 01, 2022
June 1, 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 May 26, 2022: LCMC 6-wk NG storage estimate: +79, +107, +104, +89, +69, +62. Total +510 vs +373 LY and +495 5-yr avg. This week by region: E: +29; MW: +26, MTN: +4, PAC: +5; SC: +15 (S: -4, NS: +19). 3 analysts reported on BBG with an average of +85 bcf. Total net expor.....
CFTC COT
| May 27, 2022
May 27, 2022
Please find below the links to data and charts detailing the latest CFTC Commitments of Traders Report for the week ended May 24. 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 increased by +2.3k to +197.5k in futures and gre.....
NORTH AMERICAN RIG WATCH
| May 27, 2022
May 27, 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 725 active rigs as of May 27, 2022, lower by -1 from the previous week. Oil rigs decreased by -2 to 574 (ht: +1; vt-dir: -3), and gas-directed rigs increased by +1 to 151 (ht: +1; vt-dir: unch). Horizontal oil rigs increased by +3 in Other areas not associated with a specific play, while declining by -2 in A.....
U.S. COAL DELIVERIES TO POWER PLANTS
| May 27, 2022
June 2022
Dear , Please find below the link to U.S. Coal Deliveries to Electric Power Plants with data through March 2022. The report contains volume and price data where available. Data files include plant-level stocks. The chart below shows the volume-weighted average cost of delivered coal. Prices ($/mmbtu) are on the left axis, volumes (millions short tons) are on the right axis. That is aggregate data for all ranks and all destinations listed in the report.
EIA NG STORAGE REPORT
| May 26, 2022
May 26, 2022
Dear , The EIA reported an +80 bcf injection, 7 bcf lower than our own estimate of +87 bcf and 8 bcf lower than the Bloomberg median of +88 bcf. Our models are currently showing storage activity of +84, +100, +97, +82, +70, +57 bcf over the next six weeks for a total of +490 bcf, compared to +373 bcf for the same period last year and the five-year average of +495 bcf
NGL MARKET RECAP
| May 25, 2022
May 25, 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 and Butane Arbitrage are not available today, due to an issue with our data provider.
SPECTRUM
| May 24, 2022
May 24, 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 May 19, 2022: LCMC 6-wk NG storage estimate: +87, +89, +103, +102, +87, +78. Total +546 vs +457 LY and +531 5-yr avg. This week by region: E: +30; MW: +23, MTN: +6, PAC: +4; SC: +24 (S: +1, NS: +23). 3 analysts reported on BBG with an average of +95 bcf. Total net expor.....
CFTC COT
| May 20, 2022
May 20, 2022
Please find below the links to data and charts detailing the latest CFTC Commitments of Traders Report for the week ended May 17. 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, Brent, gasoline, heating oil and gasoil during the reference week. Non-commercials net length in natural gas rose by +5.7k to +195.2k in futures and grew by +7.5k to +457.4k in .....
NORTH AMERICAN RIG WATCH
| May 20, 2022
May 20, 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 726 active rigs as of May 20, 2022, higher by +14 from the previous week. Oil rigs increased by +13 to 576 (ht: +12; vt-dir: +1), and gas-directed rigs increased by +1 to 150 (ht: +1; vt-dir: unch). Horizontal oil rigs increased by +6 in Permian (TX), by +3 in Eagle Ford (TX) and by +3 in Other areas not ass.....
EIA NG STORAGE REPORT
| May 19, 2022
May 19, 2022
Dear , The EIA reported a +89 bcf injection, equal to our own estimate and the Bloomberg median. The report contains updated seasonal balances for Summer 2022 and Winter 2022/23. Our models are currently showing storage activity of +76, +85, +99, +83, +75, +65 bcf over the next six weeks for a total of +483 bcf, compared to +457 bcf for the same period last year and the five-year average of +531 bcf