CFTC COT
| December 27, 2016
Commitments of Traders Report – December 27, 2016
Please find attached data and charts detailing the latest CFTC Commitments of Traders Report for the week ended December 20. 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, gasoil and WTI , but decreased in Brent, gasoline and heating oil during the reference week. Non-commercials net length in natural gas increased by +21.0k to +396.9k in futures and grew by +.....
NORTH AMERICAN RIG WATCH
| December 23, 2016
December 23, 2016
Baker Hughes shows 652 active rigs as of December 23, 2016, higher by +16 from the previous week. Oil rigs increased by +13 to 523 (ht: +12; vt-dir: +1), and gas-directed rigs increased by +3 to 129 (ht: +2; vt-dir: +1). Horizontal oil rigs increased by +5 in Anadarko (OK), +2 in Permian (TX), and by +1 in the Eagle Ford (TX). Horizontal gas rigs increased by +1 in Haynesville (TX), +2 in Marcellus ( SWPA ), -3 in Marcellus (WV) and +3 in areas not associated with named plays. Vertical/Direction.....
EIA NG STORAGE REPORT
| December 22, 2016
December 22, 2016
The EIA reported a -209 bcf withdrawal for the week ending December 15, a slightly larger draw than our estimate of -206 bcf and the Bloomberg median at -206 bcf. For the most part, today’s withdrawal suggests that last week’s -147 bcf was an outlier. There will be no commentary this week.
NGL MARKET RECAP
| December 21, 2016
December 21, 2016
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
| December 20, 2016
December 20, 2016
Please find attached data and charts detailing U.S. gas imports and power demand for the week ended December 15, 2016. Total net imports for the reference week averaged +0.62 bcf/d, higher by +1.01 bcf/d week-on-week. During the same week last year, U.S. net imports averaged +1.28 bcf/d. Average natural gas demand in the power sector was 25.1 bcf/d, higher by +1.4 bcf/d week-over-week. During the reference week, the contiguous US observed 151 electric-weighted HDDs, higher by +25 HDDs week ove.....
CFTC COT
| December 19, 2016
Commitments of Traders Report – December 19, 2016
Please find attached data and charts detailing the latest CFTC Commitments of Traders Report for the week ended December 13. 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, natural gas, gasoil, heating oil and WTI , but decreased in gasoline during the reference week. Non-commercials net length in natural gas increased by +72.6k to +375.9k in futures and grew by +75......
NORTH AMERICAN RIG WATCH
| December 16, 2016
December 16, 2016
Baker Hughes shows 636 active rigs as of December 16, 2016, higher by +13 from the previous week. Oil rigs increased by +12 to 510 (ht: +12; vt-dir: unch), and gas-directed rigs increased by +1 to 126 (ht: -3; vt-dir: +4). Horizontal oil rigs increased by +9 in Permian (TX), by +3 in Eagle Ford (TX), and by +1 in Permian (NM). Vertical/Directional gas rigs increased by +3 in Haynesville (TX) and by +1 in Granite Wash (TX), while horizontal gas rigs decreased by -2 in Haynesville (TX) and by -1 i.....
EIA NG STORAGE REPORT
| December 15, 2016
December 15, 2016
The EIA reported a -147 bcf withdrawal for the week ending December 8, a dramatically larger draw than our estimate of -131 bcf and the Bloomberg median at -134 bcf. Today’s number caught us by surprise and our regional models provided erratic estimates in multiple regions. While “the return from the holiday effect” can present itself as a comforting thought, flow-based models should not have been as severely impacted by the holidays as observed this week. A likely explanation for the large .....
NGL MARKET RECAP
| December 14, 2016
December 14, 2016
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
| December 13, 2016
December 13, 2016
Please find attached data and charts detailing U.S. gas imports and power demand for the week ended December 8, 2016. Total net imports for the reference week averaged -0.39 bcf/d, higher by +0.29 bcf/d week-on-week. During the same week last year, U.S. net imports averaged 2.26 bcf/d. Average natural gas demand in the power sector was 23.8 bcf/d, higher by +2.5 bcf/d week-over-week. During the reference week, the contiguous US observed 126 electric-weighted HDDs, higher by +38 HDDs week over .....