EIA NG STORAGE REPORT
| April 21, 2022
April 21, 2022
Dear , The EIA reported a +53 bcf injection, 7 bcf greater than our estimate of +46 bcf and 13 bcf greater than the Bloomberg median of +40 bcf. Included in this report are updated seasonal balances for Summer 2022 and Winter 2022/23. Our models are currently showing storage activity of +37, +73, +80, +104, +107, +111 bcf over the next six weeks for a total of +512 bcf, compared to +492 bcf for the same period last year and the five-year average of +528 bcf.
NGL MARKET RECAP
| April 20, 2022
April 20, 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
| April 19, 2022
April 19, 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 April 14, 2022: LCMC 6-wk NG storage estimate: +46, +38, +91, +87, +109, +114. Total +485 vs +362 LY and +439 5-yr avg. This week by region: E: +8; MW: +6, MTN: +0, PAC: +0; SC: +32 (S: +15, NS: +17). 2 analysts reported on BBG with an average of +37 bcf. Total net expo.....
CFTC COT
| April 18, 2022
April 18, 2022
Please find below the links to data and charts detailing the latest CFTC Commitments of Traders Report for the week ended April 12. 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, Brent, heating oil and gasoil , but decreased in WTI and gasoline during the reference week. Non-commercials net length in natural gas declined by -2.4k to +245.9k in futures and gr.....
NORTH AMERICAN RIG WATCH
| April 15, 2022
April 14, 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 691 active rigs as of April 14, 2022, higher by +4 from the previous week. Oil rigs increased by +2 to 548 (ht: +4; vt-dir: -2), and gas-directed rigs increased by +2 to 143 (ht: +1; vt-dir: +1). Horizontal oil rigs increased by +3 in Permian (TX), by +1 in Anadarko (OK) and by +2 in Other areas not associated.....
EIA NG STORAGE REPORT
| April 14, 2022
April 14, 2022
Dear , The EIA reported a +15 bcf injection, 10 bcf less than our estimate of -+25 bcf and equal to the Bloomberg median. Our models are currently showing storage activity of +42, +35, +94, +99, +107, +115 bcf over the next six weeks for a total of +492 bcf, compared to +362 bcf for the same period last year and the five-year average of +439 bcf.
NGL MARKET RECAP
| April 13, 2022
April 13, 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
| April 12, 2022
April 12, 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 April 7, 2022: LCMC 6-wk NG storage estimate: +25, +60, +40, +107, +110, +123. Total +465 vs +309 LY and +375 5-yr avg. This week by region: E: -6; MW: +1, MTN: +1, PAC: +5; SC: +24 (S: +12, NS: +12). 2 analysts reported on BBG with an average of +12 bcf. Total net expo.....
CFTC COT
| April 08, 2022
April 08, 2022
Please find below the links to data and charts detailing the latest CFTC Commitments of Traders Report for the week ended April 05. 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, gasoline and heating oil , but decreased in WTI, Brent and gasoil during the reference week. Non-commercials net length in natural gas declined by -8.2k to +248.3k in futures and gr.....
NORTH AMERICAN RIG WATCH
| April 08, 2022
April 08, 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 687 active rigs as of April 08, 2022, higher by +16 from the previous week. Oil rigs increased by +13 to 546 (ht: +15; vt-dir: -2), and gas-directed rigs increased by +3 to 141 (ht: +3; vt-dir: unch). Horizontal oil rigs increased by +8 in Permian (TX), by +1 in Anadarko (OK), by +1 in Bakken (ND) and by +6 .....