CFTC COT | September 17, 2021

September 17, 2021

Please find below the links to data and charts detailing the latest CFTC Commitments of Traders Report for the week ended September 14. 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 and gasoil , but decreased in heating oil during the reference week. Non-commercials net length in natural gas rose by +21.7k to +379.2k in futures and grew by +17.4k to .....

NORTH AMERICAN RIG WATCH | September 17, 2021

September 17, 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 511 active rigs as of September 17, 2021, higher by +9 from the previous week. Oil rigs increased by +10 to 411 (ht: +6; vt-dir: +4), and gas-directed rigs decreased by -1 to 100 (ht: -1; vt-dir: unch). Horizontal oil rigs increased by +2 in Eagle Ford (TX), by +1 in Anadarko (OK), by +1 in Permian (NM), by +1.....

EIA NG STORAGE REPORT | September 16, 2021

September 16, 2021

Dear , The EIA reported a +83 bcf injection, 1 bcf greater than our call of +82 bcf and 7 bcf greater than the Bloomberg median of +76 bcf. Our models are currently showing storage activity of +78, +83, +105, +79 bcf over the next four weeks for a total of +345 bcf, compared to +269 bcf for the same period last year and the five-year average of +306 bcf.

NGL MARKET RECAP | September 15, 2021

September 15, 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 | September 14, 2021

September 14, 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 September 9, 2021, LCMC 4-wk NG storage estimate: +82, +81, +73, +92. Total +328 vs +305 LY and +307 5-yr avg. This week by region: E: +28; MW: +35; MTN: +3, PAC: -3; SC: +19 (S: +5, NS: +14). 5 analysts reported on BBG with an average of +75 bcf. Total net exports aver.....

CFTC COT | September 10, 2021

September 10, 2021

Please find below the links to data and charts detailing the latest CFTC Commitments of Traders Report for the week ended September 07. 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 gasoil , but decreased in WTI, gasoline and heating oil during the reference week. Non-commercials net length in natural gas increased by +1.6k to +357.4k in futures and grew by +5......

NORTH AMERICAN RIG WATCH | September 10, 2021

September 10, 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 502 active rigs as of September 10, 2021, higher by +6 from the previous week. Oil rigs increased by +7 to 401 (ht: unch; vt-dir: +7), and gas-directed rigs decreased by -1 to 101 (ht: -2; vt-dir: +1). Horizontal oil rigs increased by +1 in Anadarko (OK), while declining by -1 in Other areas not associated wit.....

EIA NG STORAGE REPORT | September 09, 2021

September 9, 2021

Dear , The EIA reported a +52 bcf injection, 8 bcf greater than our call of +44 bcf and 13 bcf less than the Bloomberg median of +39 bcf. Our models are currently showing storage activity of +79, +76, +70, +77 bcf over the next four weeks for a total of +302 bcf, compared to +305 bcf for the same period last year and the five-year average of +307 bcf.

NGL MARKET RECAP | September 09, 2021

September 09, 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 | September 08, 2021

September 8, 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 September 2, 2021, LCMC 4-wk NG storage estimate: +44, +70, +62, +69. Total +245 vs +295 LY and +290 5-yr avg. This week by region: E: +23; MW: +25; MTN: +1, PAC: +0; SC: -5 (S: -6, NS: +1). 5 analysts reported on BBG with an average of +44 bcf. Total net exports averag.....