EIA NG STORAGE REPORT
| April 04, 2024
April 04, 2024
Dear , The EIA reported a -37 bcf withdrawal for the week ending March 28, 8 bcf less than our prediction of -45 bcf and 5 bcf smaller than Bloomberg’s median estimate of -42 bcf. Our models are currently showing storage activity of +9, +12, +54, +51, +54 and +64 bcf over the next six weeks for a total of +244 bcf, compared to +375 bcf for the same period last year and the five-year average of +386 bcf.
SPECTRUM
| April 04, 2024
April 03, 2024
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 March 28, 2024: LCMC 6-wk NG storage estimate: -45, -7, +10, +41, +39, and +53 bcf. Total +90 vs +252 LY and +296 5-yr avg. This week by region: E: -28; MW: -23, MTN: -2, PAC: +2; SC: +6 (S: 0, NS: +6). There are currently 9 analysts reporting on Bloomberg with an estim.....
NGL MARKET RECAP
| April 03, 2024
April 03, 2024
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.
CFTC COT
| April 01, 2024
April 01, 2024
Please find below the links to data and charts detailing the latest CFTC Commitments of Traders Report for the week ended March 26. 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 rose by +19.5k to -64.0k in futures and increa.....
NORTH AMERICAN RIG WATCH
| March 28, 2024
March 28, 2024
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 618 active rigs as of March 28, 2024, lower by -3 from the previous week. Oil rigs decreased by -3 to 506 (ht: +2; vt-dir: -5), and gas-directed rigs were unchanged at 112 (ht: unch; vt-dir: unch). Horizontal oil rigs increased by +5 in Permian (NM), by +1 in Anadarko (OK) and by +1 in Bakken (ND), while dec.....
EUROPEAN NG TRADE
| March 28, 2024
March 28, 2024
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
| March 28, 2024
March 28, 2024
Dear , The EIA reported a -36 bcf withdrawal for the week ending March 21, 4 bcf greater than our prediction of -32 bcf and 9 bcf larger than Bloomberg’s median estimate of -27 bcf. Our models are currently showing storage activity of -43, -4, +12, +29, +45 and +56 bcf over the next six weeks for a total of +95 bcf, compared to +252 bcf for the same period last year and the five-year average of +296 bcf.
NGL MARKET RECAP
| March 27, 2024
March 27, 2024
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.
SPECTRUM
| March 27, 2024
March 27, 2024
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 March 21, 2024: LCMC 6-wk NG storage estimate: -32, -32, -18, +3, +28, and +42 bcf. Total -10 vs +127 LY and +188 5-yr avg. This week by region: E: -17; MW: -25, MTN: 0, PAC: +7; SC: +3 (S: -2, NS: +5). There are currently 5 analysts reporting on Bloomberg with an estim.....
CFTC COT
| March 22, 2024
March 22, 2024
Please find below the links to data and charts detailing the latest CFTC Commitments of Traders Report for the week ended March 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 WTI, Brent, gasoline, heating oil and gasoil , but decreased in natural gas during the reference week. Non-commercials net length in natural gas decreased by -11.8k to -83.4k in futures and decl.....