U.S. NATURAL GAS TRADE AND POWER SECTOR DEMAND
| August 30, 2016
August 30, 2016
Please find attached data and charts detailing U. S. gas imports and power demand for the week ended August 25, 2016. Total net imports for the reference week averaged 0.91 bcf/d, lower by -0.08 bcf/d week-on-week. During the same week last year, U.S. net imports averaged 2.44 bcf/d. Average natural gas demand in the power sector was 32.8 bcf/d, lower by -4.6 bcf/d week-over-week. During the reference week, the contiguous US observed 79 population-weighted CDDs, lower by -24 CDDs week over wee.....
CFTC COT
| August 29, 2016
Commitments of Traders Report – August 29, 2016
Please find attached data and charts detailing the latest CFTC Commitments of Traders Report for the week ended August 23. 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, heating oil and WTI during the reference week. Non-commercials net length in natural gas increased by +23.2k to +174.3k in futures and rose by +20.0k to +195.9k in fut.....
NORTH AMERICAN RIG WATCH
| August 26, 2016
August 26, 2016
Baker Hughes shows 487 active rigs as of August 26, 2016, lower by -2 from the previous week. Oil rigs were unchanged at 406 (ht: -2; vt-dir: +2), while gas-directed rigs decreased to 81 (ht: -1; vt-dir: -1). Horizontal oil rigs increased by +1 in Permian (NM), while decreasing by -3 in Other. Horizontal gas rigs increased by +2 in Marcellus ( SWPA ), while decreasing by -1 in Eagle Ford (TX), by -1 in Marcellus (WV) and by -1 in Other.
EIA NG STORAGE REPORT
| August 25, 2016
August 25, 2016
The EIA reported a +11 bcf injection for the week ending August 18, coming in below our own number of +14 bcf and the Bloomberg median at +15 bcf. Midwest was the outlier region in this week’s results, with extreme heat in the East likely exacerbating the anomaly in the Midwest. Our model over-estimated the inventory build in the Midwest ( LCMC : +19 bcf) and underestimated it in the East ( LCMC : +9 bcf). Given that TCO and DOM injected a total of +11.8 bcf for the week, it was clear .....
NGL MARKET RECAP
| August 24, 2016
August 24, 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
| August 23, 2016
August 23, 2016
Please find attached data and charts detailing U. S. gas imports and power demand for the week ended August 18, 2016. Total net imports for the reference week averaged 0.99 bcf/d, lower by -0.07 bcf/d week-on-week. During the same week last year, U.S. net imports averaged 2.76 bcf/d. Average natural gas demand in the power sector was 37.3 bcf/d, higher by +1.2 bcf/d week-over-week. During the reference week, the contiguous US observed 102 population-weighted CDDs, higher by +5 CDDs week over w.....
CFTC COT
| August 22, 2016
Commitments of Traders Report – August 22, 2016
Please find attached data and charts detailing the latest CFTC Commitments of Traders Report for the week ended August 16. 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, gasoil, heating oil and WTI , but decreased in gasoline and natural gas during the reference week. Non-commercials net length in natural gas declined by -20.1k to +151.1k in futures and fell by -10......
NORTH AMERICAN RIG WATCH
| August 19, 2016
August 19, 2016
Baker Hughes shows 489 active rigs as of August 19, 2016, higher by +10 from the previous week. Oil rigs increased by +10 to 406 (ht: +4; vt-dir: +6), while gas-directed rigs were unchanged at 83 (ht: +3; vt-dir: -3). Horizontal oil rigs increased by +5 in Permian (TX) and by +2 in Anadarko (OK), while decreasing by -2 in Bakken (ND) and by -1 in Eagle Ford (TX). Horizontal gas rigs increased by +2 in Marcellus ( SWPA ) and by +1 in Marcellus (WV).
EIA NG STORAGE REPORT
| August 18, 2016
August 18, 2016
The EIA reported a +22 bcf withdrawal for the week ending August 18, coming in below our own number of +28 bcf and the Bloomberg median at +25 bcf. This is the second week in a row our model overestimated the inventory build. Our scrape-based flow model indicated a +31 bcf build, but given the extreme ERCOT non-wind/non-nuc power demand surge, we had manually cut that figure to 28 bcf. In essence, today’s miss was a result of treating last week’s number as an outlier and not adjusting the .....
NGL MARKET RECAP
| August 17, 2016
August 17, 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.