SPECTRUM
| December 07, 2021
December 7, 2021
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 2, 2021: LCMC 4-wk NG storage estimate: -58, 78, -62, -112. Total -310 vs -463 LY and -442 5-yr avg. This week by region: E: -23; MW: -23, MTN: -1, PAC: +2; SC: -13 (S: -3, NS: -10). 3 analysts reported on BBG with an average of -56 bcf. Total net exports avera.....
CFTC COT
| December 03, 2021
December 03, 2021
Please find below the links to data and charts detailing the latest CFTC Commitments of Traders Report for the week ended November 30. We provide all Legacy and Disaggregated trader positions for natural gas, WTI, Brent, gasoline, heating oil and gasoil. Non-commercials decreased net length in natural gas, WTI, Brent, gasoline, heating oil and gasoil during the reference week. Non-commercials net length in natural gas decreased by -38.7k to +254.8k in futures and fell by -46.0k to.....
NORTH AMERICAN RIG WATCH
| December 03, 2021
December 03, 2021
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 569 active rigs as of December 03, 2021, unchanged from the previous week. Oil rigs were unchanged at 467 (ht: +1; vt-dir: -1), and gas-directed rigs were unchanged at 102 (ht: -1; vt-dir: +1). Horizontal oil rigs increased by +4 in Permian (NM) and by +1 in Other areas not associated with a specific play, w.....
EIA NG STORAGE REPORT
| December 02, 2021
December 2, 2021
Dear , The EIA reported a -59 bcf withdrawal, 3 bcf greater than our estimate of -56 bcf and equal to the Bloomberg median. This report includes seasonal balances for Winter 2021/22 and Summer 2022. Our models are currently showing storage activity of -58, -72, -74, -133 bcf over the next four weeks for a total of -337 bcf, compared to -463 bcf for the same period last year and the five-year average of -442 bcf.
NGL MARKET RECAP
| December 01, 2021
December 1, 2021
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.
CFTC COT
| December 01, 2021
November 30, 2021
Please find below the links to data and charts detailing the latest CFTC Commitments of Traders Report for the week ended November 23. 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 and gasoline , but decreased in WTI, heating oil and gasoil during the reference week. Non-commercials net length in natural gas grew by +19.7k to +293.4k in futures and ro.....
SPECTRUM
| November 30, 2021
November 30, 2021
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 November 25, 2021: LCMC 4-wk NG storage estimate: -56, -51, -65, -92. Total -264 vs -347 LY and -353 5-yr avg. This week by region: E: -25; MW: -18, MTN: -4, PAC: +1; SC: -11 (S: -1, NS: -9). 3 analysts reported on BBG with an average of -58 bcf Total net exports averag.....
U.S. COAL DELIVERIES TO POWER PLANTS
| November 29, 2021
December 2021
Dear , Please find below the link to U.S. Coal Deliveries to Electric Power Plants with data through September 2021. 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.
NORTH AMERICAN RIG WATCH
| November 26, 2021
November 24, 2021
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 569 active rigs as of November 24, 2021, higher by +6 from the previous week. Oil rigs increased by +6 to 467 (ht: +6; vt-dir: unch), and gas-directed rigs were unchanged at 102 (ht: +1; vt-dir: -1). Horizontal oil rigs increased by +4 in Permian (TX) and by +3 in Bakken (ND), while declining by -1 in Bakken (.....
EIA NG STORAGE REPORT
| November 24, 2021
November 24, 2021
Dear , The EIA reported a -21 bcf injection, 6 bcf less than our estimate of -27 bcf and 3 bcf less than the Bloomberg median of -24 bcf. Our models are currently showing storage activity of -58, -66, -85, -121 bcf over the next four weeks for a total of -330 bcf, compared to -347 bcf for the same period last year and the five-year average of -353 bcf.