NGL MARKET RECAP
| November 24, 2021
November 24, 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.
SPECTRUM
| November 23, 2021
November 23, 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 18, 2021, LCMC 4-wk NG storage estimate: -27, -60, -79, -87. Total -253 vs -210 LY and -245 5-yr avg. This week by region: E: -13; MW: -15, MTN: -2, PAC: +2; SC: +1 (S: +6, NS: -5). 3 analysts reported on BBG with an average of -24 bcf Total net exports average.....
CFTC COT
| November 19, 2021
November 19, 2021
Please find below the links to data and charts detailing the latest CFTC Commitments of Traders Report for the week ended November 16. 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 , but decreased in natural gas, WTI, Brent, heating oil and gasoil during the reference week. Non-commercials net length in natural gas decreased by -6.1k to +273.8k in futures and f.....
NORTH AMERICAN RIG WATCH
| November 19, 2021
November 19, 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 563 active rigs as of November 19, 2021, higher by +7 from the previous week. Oil rigs increased by +7 to 461 (ht: +6; vt-dir: +1), and gas-directed rigs were unchanged at 102 (ht: +1; vt-dir: -1). Horizontal oil rigs increased by +4 in Permian (TX), by +2 in Eagle Ford (TX) and by +2 in Permian (NM), while .....
EIA NG STORAGE REPORT
| November 18, 2021
November 18, 2021
Dear , The EIA reported a +26 bcf injection, 1 bcf less than our estimate of +27 bcf and 2 bcf greater than the Bloomberg median of +24 bcf. This week's report contains Winter 2021/22 and Summer 2022 balances, as well as extended storage tables for the US and Canada. Our models are currently showing storage activity of -24, -59, -73, -114 bcf over the next four weeks for a total of -270 bcf, compared to -210 bcf for the same period last year and the five-year average of -245 bcf.
NGL MARKET RECAP
| November 17, 2021
November 17, 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.
SPECTRUM
| November 16, 2021
November 16, 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 11, 2021, LCMC 4-wk NG storage estimate: +27, -22, -53, -85. Total -133 vs -65 LY and -142 5-yr avg. This week by region: E: +1; MW: +7, MTN: -1, PAC: +3; SC: +16 (S: +9, NS: +8). 3 analysts reported on BBG with an average of +26 bcf Total net exports averaged .....
CFTC COT
| November 15, 2021
November 15, 2021
Please find below the links to data and charts detailing the latest CFTC Commitments of Traders Report for the week ended November 09. We provide all Legacy and Disaggregated trader positions for natural gas, WTI, Brent, gasoline, heating oil and gasoil. Non-commercials increased net length in WTI and Brent , but decreased in natural gas, gasoline, heating oil and gasoil during the reference week. Non-commercials net length in natural gas decreased by -6.0k to +279.9k in futures and.....
NORTH AMERICAN RIG WATCH
| November 12, 2021
North American Rig Watch: November 12, 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 556 active rigs as of November 12, 2021, higher by +6 from the previous week. Oil rigs increased by +4 to 454 (ht: +1; vt-dir: +3), and gas-directed rigs increased by +2 to 102 (ht: +6; vt-dir: -4). Horizontal oil rigs increased by +4 in Permian (TX), by +2 in Anadarko (OK) and by +1 in Eagle Ford (TX), whil.....
EIA NG STORAGE REPORT
| November 10, 2021
November 10, 2021
Dear , The EIA reported a +7 bcf injection, 1 bcf greater than our estimate of +6 bcf and 3 bcf less than the Bloomberg median of +10 bcf. This week's report contains extended storage tables with net activity for the month of October. Our models are currently showing storage activity of +23, -15, -52, -80 bcf over the next four weeks for a total of -36 bcf, compared to +15 bcf for the same period last year and the five-year average of -62 bcf.