CFTC COT
| September 26, 2016
Commitments of Traders Report – September 26, 2016
Please find attached data and charts detailing the latest CFTC Commitments of Traders Report for the week ended September 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 gasoline and natural gas , but decreased in Brent, gasoil, heating oil and WTI during the reference week. Non-commercials net length in natural gas grew by +12.5k to +255.3k in futures and increased by .....
NORTH AMERICAN RIG WATCH
| September 23, 2016
September 23, 2016
Baker Hughes shows 510 active rigs as of September 23, 2016, higher by +5 from the previous week. Oil rigs increased by +2 to 418 (ht: +6; vt-dir: -4), while gas-directed rigs increased by +3 to 92 (ht: +2; vt-dir: +1). Horizontal oil rigs increased by +1 in the Permian (TX) and by +1 in the Bakken (ND), and by +3 in areas of TX not associated with a tight oil play. Horizontal gas rigs increased by +1 in the Marcellus ( SWPA ), and by +2 in areas of TX outside of named shale plays.
EIA NG STORAGE REPORT
| September 22, 2016
September 22, 2016
The EIA reported a +52 bcf injection for the week ending September 15, coming in above our estimate of +46 bcf and the Bloomberg median at +50 bcf. Compared to our East and Midwest build expectations of 17 bcf and 26 bcf, EIA reported an estimated injection of 19 bcf and 31 bcf, respectively. There will be no commentary this week.
NGL MARKET RECAP
| September 21, 2016
September 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
| September 20, 2016
September 20, 2016
Please find attached data and charts detailing U. S. gas imports and power demand for the week ended September 15, 2016. Total net imports for the reference week averaged 0.32 bcf/d, higher by +0.59 bcf/d week-on-week. During the same week last year, U.S. net imports averaged 1.55 bcf/d. Average natural gas demand in the power sector was 31.1 bcf/d, higher by +1.3 bcf/d week-over-week. During the reference week, the contiguous US observed 64 population-weighted CDDs, lower by -7 CDDs week over.....
CFTC COT
| September 19, 2016
Commitments of Traders Report – September 19, 2016
Please find attached data and charts detailing the latest CFTC Commitments of Traders Report for the week ended September 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, gasoline, natural gas, heating oil and WTI , but decreased in gasoil during the reference week. Non-commercials net length in natural gas increased by +11.6k to +242.9k in futures and grew by +20.....
NORTH AMERICAN RIG WATCH
| September 16, 2016
September 16, 2016
Baker Hughes shows 505 active rigs as of September 16, 2016, lower by -1 from the previous week. Oil rigs increased by +2 to 416 (ht: unch; vt-dir: +2), while gas-directed rigs decreased by -3 to 89 (ht: -2; vt-dir: -1). Horizontal oil rigs increased by +2 in Anadarko (OK) and by +1 in Eagle Ford (TX), while decreasing by -2 in Bakken (ND) and by -1 in Anadarko (TX). Horizontal gas rigs decreased by -1 in Eagle Ford (TX), by -1 in Haynesville (LA) and by -1 in Other, while increasing by +1 in Wo.....
EIA NG STORAGE REPORT
| September 15, 2016
September 15, 2016
The EIA reported a +62 bcf injection for the week ending September 8, coming in above our estimate of +58 bcf and the Bloomberg median at +61 bcf. Practically all the miss in our model came from the South Central, where the inventory-build in the salt domes across the South Central remained relatively robust despite the strength in cash. In last week’s report, we emphasized the strength in Henry Hub cash prices and the role it played in the smaller-than-expected bui.....
NGL MARKET RECAP
| September 14, 2016
September 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
| September 13, 2016
September 13, 2016
Please find attached data and charts detailing U. S. gas imports and power demand for the week ended September 8, 2016. Total net trade for the reference week averaged -0.27 bcf/d (US became a net exporter for the first time), lower by -0.95 bcf/d week-on-week. During the same week last year, U.S. net imports averaged 2.04 bcf/d. Average natural gas demand in the power sector was 29.8 bcf/d, lower by -4.3 bcf/d week-over-week. During the reference week, the contiguous US observed 70 population.....