U.S. NATURAL GAS TRADE AND POWER SECTOR DEMAND
| January 17, 2017
January 17, 2017
Please find attached data and charts detailing U.S. gas imports and power demand for the week ended January 12, 2017. Total net imports for the reference week averaged -0.09 bcf/d, higher by +0.57 bcf/d week-on-week. During the same week last year, U.S. net imports averaged +2.81 bcf/d. Average natural gas demand in the power sector was 25.0 bcf/d, higher by +4.5 bcf/d week-over-week. During the reference week, the contiguous US observed 165 electric-weighted HDDs, higher by +31 HDDs week over.....
CFTC COT
| January 16, 2017
Commitments of Traders Report – January 16, 2017
Please find attached data and charts detailing the latest CFTC Commitments of Traders Report for the week ended January 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 gasoline and WTI , but decreased in Brent, natural gas, gasoil and heating oil during the reference week. Non-commercials net length in natural gas decreased by -51.1k to +349.4k in futures and fell by -4.....
NORTH AMERICAN RIG WATCH
| January 13, 2017
January 13, 2017
Baker Hughes shows 658 active rigs as of January 13, 2017, lower by -6 from the previous week. Oil rigs decreased by -7 to 522 (ht: -1; vt-dir: -6), and gas-directed rigs increased by +1 to 136 (ht: +4; vt-dir: -3). Horizontal oil rigs increased by +3 in areas of Texas not associated with a specific play, while vertical/directional oil rigs decreased by -5. Horizontal gas rigs increased by +3 in Marcellus ( SWPA ), while vertical/directional gas rigs decreased by -3.
EIA NG STORAGE REPORT
| January 12, 2017
January 12, 2017
The EIA reported a -151 bcf withdrawal for the week ending January 5, a larger draw than our estimate of -140 bcf and the Bloomberg median at -143 bcf. Another holiday week, another surprise. Our models missed both holiday week numbers by 10 bcf, albeit in opposing directions. At a regional level, our biggest miss today was in South Central. While the EIA -reported total draw from storage over the past two weeks matches our combined output over the same period, we’re puzzled by the swing. Tha.....
NGL MARKET RECAP
| January 11, 2017
January 11, 2017
Attached is this week’s NGL Market Recap, which provides an overview of U.S. propane statistics as well as global LPG prices, ratios and fractionation spreads.
U.S. NATURAL GAS TRADE AND POWER SECTOR DEMAND
| January 11, 2017
January 11, 2017
Please find attached data and charts detailing U.S. gas imports and power demand for the week ended January 5, 2017. Total net imports for the reference week averaged -0.67 bcf/d, higher by +0.05 bcf/d week-on-week. During the same week last year, U.S. net imports averaged +2.51 bcf/d. Average natural gas demand in the power sector was 19.9 bcf/d, higher by +1.8 bcf/d week-over-week. During the reference week, the contiguous US observed 134 electric-weighted HDDs, higher by +36 HDDs week over .....
CFTC COT
| January 09, 2017
Commitments of Traders Report – January 09, 2017
Please find attached data and charts detailing the latest CFTC Commitments of Traders Report for the week ended January 03. We provide all Legacy and Disaggregated trader positions for natural gas, WTI , Brent, gasoline, heating oil and gasoil. Non-commercials increased net length in Brent, gasoline, natural gas, gasoil and heating oil , but decreased in WTI during the reference week. Non-commercials net length in natural gas declined by -15.1k to +400.4k in futures and increased by +.....
NORTH AMERICAN RIG WATCH
| January 06, 2017
January 6, 2017
Baker Hughes shows 664 active rigs as of January 6, 2017, higher by +7 from the previous week. Oil rigs increased by +4 to 529 (ht: +1; vt-dir: +3), and gas-directed rigs increased by +3 to 135 (ht: +1; vt-dir: +2). Horizontal oil rigs increased by +4 in Eagle Ford (TX) and by +1 in Permian (TX), while deceasing by -3 in Anadarko (TX) and by -1 in Other. Horizontal gas rigs increased by +1 in Eagle Ford (TX), by +1 in Haynesville (TX), by +1 in Marcellus ( NEPA ) and by +1 in Other, while decrea.....
EIA NG STORAGE REPORT
| January 05, 2017
January 5, 2017
The EIA reported a -49 bcf withdrawal for the week ending December 29, a much smaller draw than our estimate of -61 bcf and the Bloomberg median at -72 bcf. Barring a reporting error, we should look for an explanation in production and power burns. A supply boost would be expected at an average HH cash price of $3.61/mmbtu. Any incremental gas that was brought online during that period likely remained outside the reach of our scrape models, mostly in South Central. Indeed, salts injected +19 b.....
NGL MARKET RECAP
| January 05, 2017
January 5, 2017
Attached is this week’s NGL Market Recap, which provides an overview of U.S. propane statistics as well as global LPG prices, ratios and fractionation spreads.