CFTC COT
| January 14, 2022
January 14, 2022
Please find below the links to data and charts detailing the latest CFTC Commitments of Traders Report for the week ended January 11. 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, heating oil and gasoil , but decreased in gasoline during the reference week. Non-commercials net length in natural gas grew by +37.1k to +234.5k in futures and increased by +38.8k .....
NORTH AMERICAN RIG WATCH
| January 14, 2022
January 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 601 active rigs as of January 14, 2022, higher by +13 from the previous week. Oil rigs increased by +11 to 492 (ht: +7; vt-dir: +4), and gas-directed rigs increased by +2 to 109 (ht: +2; vt-dir: unch). Horizontal oil rigs increased by +3 in Eagle Ford (TX), by +1 in Permian (NM) and by +4 in Other areas not .....
EIA NG STORAGE REPORT
| January 13, 2022
January 13, 2022
Dear , The EIA reported a -179 bcf withdrawal, 6 bcf less than our estimate of -185 bcf and 1 bcf greater than the Bloomberg median of -178 bcf. This week's report contains updated seasonal balance tables for Winter 2021/22 and Summer 2022, as well as extended regional storage tables with total December 2021 activity. Our models are currently showing storage activity of -208, -213, -274, -208, -187, -174 bcf over the next six weeks for a total of -1,265 bcf, compared to -1,224 bcf for the same .....
NGL MARKET RECAP
| January 12, 2022
January 12, 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
| January 11, 2022
January 11, 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 January 6, 2022: LCMC 6-wk NG storage estimate: -185, -214, -213, -237, -198, -187. Total -1234 vs -1034 LY and -937 5-yr avg. This week by region: E: -38; MW: -57, MTN: -13, PAC: -14; SC: -63 (S: -17, NS: -46). 2 analysts reported on BBG with an average estimate of -17.....
CFTC COT
| January 07, 2022
January 07, 2022
Please find below the links to data and charts detailing the latest CFTC Commitments of Traders Report for the week ended January 04. We provide all Legacy and Disaggregated trader positions for natural gas, WTI, Brent, gasoline, heating oil and gasoil. Non-commercials increased net length in Brent, gasoline, heating oil and gasoil , but decreased in natural gas and WTI during the reference week. Non-commercials net length in natural gas declined by -20.1k to +197.4k in futures and decreased by .....
NORTH AMERICAN RIG WATCH
| January 07, 2022
January 07, 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 588 active rigs as of January 07, 2022, higher by +2 from the previous week. Oil rigs increased by +1 to 481 (ht: +2; vt-dir: -1), and gas-directed rigs increased by +1 to 107 (ht: unch; vt-dir: +1). Horizontal oil rigs increased by +1 in Permian (NM) and by +6 in Other areas not associated with a specific p.....
EIA NG STORAGE REPORT
| January 06, 2022
January 6, 2022
Dear , The EIA reported a -31 bcf withdrawal, 1 bcf greater than our estimate of -30 bcf and 24 bcf less than the Bloomberg median of -55 bcf. Our models are currently showing storage activity of -180, -222, -203, -202, -179, -171 bcf over the next six weeks for a total of -1157 bcf, compared to -1034 bcf for the same period last year and the five-year average of -937 bcf.
NGL MARKET RECAP
| January 05, 2022
January 05, 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
| January 04, 2022
January 4, 2022
Dear , Please find below the link to this week's detailed inventory forecast, our 4-wk storage outlook, along with natural gas trade and power sector demand estimates and highlights of reference week balances. For the week ending December 30, 2021: LCMC 6-wk NG storage estimate: -30, -177, -217, -196, -197, -177. Total -994 vs -934 LY and -892 5-yr avg. This week by region: E: -13; MW: -24, MTN: -9, PAC: -17; SC: +33 (S: +24, NS: +9). 5 analysts reported on BBG with an average estimate of -59 bc.....