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
NGL MARKET RECAP
| May 18, 2022
May 18, 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 17, 2022
May 17, 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 12, 2022: LCMC 6-wk NG storage estimate: +89, +98, +97, +100, +94, +86. Total +564 vs +455 LY and +545 5-yr avg. This week by region: E: +23; MW: +24, MTN: +6, PAC: +5; SC: +31 (S: +12, NS: +19). 3 analysts reported on BBG with an average of +84 bcf. Total net expor.....
CFTC COT
| May 13, 2022
May 13, 2022
Please find below the links to data and charts detailing the latest CFTC Commitments of Traders Report for the week ended May 10. We provide all Legacy and Disaggregated trader positions for natural gas, WTI, Brent, gasoline, heating oil and gasoil. Non-commercials increased net length in heating oil , but decreased in natural gas, WTI, Brent, gasoline and gasoil during the reference week. Non-commercials net length in natural gas declined by -2.6k to +189.5k in futures and fell by.....
NORTH AMERICAN RIG WATCH
| May 13, 2022
May 13, 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 712 active rigs as of May 13, 2022, higher by +9 from the previous week. Oil rigs increased by +6 to 563 (ht: +4; vt-dir: +2), and gas-directed rigs increased by +3 to 149 (ht: +1; vt-dir: +2). Horizontal oil rigs increased by +4 in Anadarko (OK) and by +1 in Bakken (ND), while declining by -1 in Permian (NM.....