EUROPEAN NG TRADE | July 29, 2022

July 29, 2022

Dear , Please find below the link to this week's European natural gas trade and storage estimates, either in units of bcf/d or MMcm/d. European flows and storage inventories include nations in the EU-27 plus the United Kingdom, but discount the five Baltic States (Estonia, Finland, Latvia, Lithuania, and Sweden), as well as Malta and Cyprus.


NORTH AMERICAN RIG WATCH | July 29, 2022

July 29, 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 762 active rigs as of July 29, 2022, higher by +8 from the previous week. Oil rigs increased by +6 to 605 (ht: +7; vt-dir: -1), and gas-directed rigs increased by +2 to 157 (ht: +3; vt-dir: -1). Horizontal oil rigs increased by +2 in Eagle Ford (TX), by +1 in Monterey (CA), by +1 in Permian (NM), by +1 in Pe.....


EIA NG STORAGE REPORT | July 28, 2022

July 28, 2022

Dear , The EIA reported a +15 bcf injection, 2 bcf less than our estimate of +17 bcf and 3 bcf less than the Bloomberg median of +18 bcf. This report contains updated seasonal balances for Summer 2022 and Winter 2022/23. Our models are currently showing storage activity of +37, +39, +38, +69, +75, +82 bcf over the next six weeks for a total of +339 bcf, compared to +207 bcf for the same period last year and the five-year average of +282 bcf


SPECTRUM | July 26, 2022

July 26, 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 July 21, 2022: LCMC 6-wk NG storage estimate: +17, +31, +30, +33, +68, +74. Total +253 vs +197 LY and +250 5-yr avg. This week by region: E: +12; MW: +17, MTN: +0, PAC: +0; SC: -12 (S: -11, NS: -1). 6 analysts reported on BBG with an average of +20 bcf. Total net export.....


CFTC COT | July 22, 2022

July 22, 2022

Please find below the links to data and charts detailing the latest CFTC Commitments of Traders Report for the week ended July 19. 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 heating oil , but decreased in gasoil during the reference week. Non-commercials net length in natural gas rose by +12.3k to +50.0k in futures and increased .....


NORTH AMERICAN RIG WATCH | July 22, 2022

July 22, 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 754 active rigs as of July 22, 2022, higher by +2 from the previous week. Oil rigs were unchanged at 599 (ht: unch; vt-dir: unch), and gas-directed rigs increased by +2 to 155 (ht: +1; vt-dir: +1). Horizontal oil rigs increased by +1 in Anadarko (OK) and by +1 in Eagle Ford (TX), while declining by -2 in Per.....


EUROPEAN NG TRADE | July 22, 2022

July 22, 2022

Dear , Please find below the link to this week's European natural gas trade and storage estimates, either in units of bcf/d or MMcm/d. European flows and storage inventories include nations in the EU-27 plus the United Kingdom, but discount the five Baltic States (Estonia, Finland, Latvia, Lithuania, and Sweden), as well as Malta and Cyprus.


EIA NG STORAGE REPORT | July 21, 2022

July 21, 2022

Dear , The EIA reported a +32 bcf injection, 7 bcf less than our estimate of +39 bcf and 11 bcf less than the Bloomberg median of +43 bcf. Our models are currently showing storage activity of +23, +14, +31, +51, +61, +67 bcf over the next six weeks for a total of +247 bcf, compared to +197 bcf for the same period last year and the five-year average of +250 bcf.


NGL MARKET RECAP | July 20, 2022

July 20, 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, Butane Arbitrage and Mont Belvieu LST NGL Frac Spreads are not available today, due to an issue with our data provider.


SPECTRUM | July 19, 2022

July 19, 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 July 14, 2022: LCMC 6-wk NG storage estimate: +39, +23, +12, +38, +53, +57. Total +222 vs +226 LY and +244 5-yr avg. This week by region: E: +21; MW: +24, MTN: +1, PAC: +4; SC: -11 (S: -16, NS: +5). 3 analysts reported on BBG with an average of +52 bcf. Total net export.....