CFTC COT
| September 29, 2014
Commitments of Traders Report – September 29, 2014
Please find attached data and charts detailing the latest CFTC Commitments of Traders Report for the week ended September 23. We provide all Legacy and Disaggregated trader positions for natural gas, WTI , Brent, gasoline and heating oil. Non-commercials increased net length in gasoline , but decreased in natural gas, heating oil, Brent and WTI during the reference week. Non-commercials net length in natural gas declined by -7.3k to +88.1k in futures and fell by -4.7k to +186.3k in fu.....
NORTH AMERICAN RIG WATCH
| September 26, 2014
September 26, 2014
Baker Hughes shows 1,930 active rigs as of September 26, 2014, total number of oil & gas rigs remained unchanged from previous week. Oil rigs decreased by -9 to 1,592 (ht: +8; vt-dir: -17) while gas-directed rigs increased by +9 to 338 (ht: -2; vt-dir: +11). Horizontal oil rigs increased by +3 to 203 in the Eagle Ford (TX) and vertical/directional oil rigs decreased by -7 to 188 in the Permian (TX). Gas-directed horizontal rigs decreased by -1 to 27 in Marcellus ( SWPA ).
EIA NG STORAGE REPORT
| September 25, 2014
September 25, 2014
EIA reported a +97 bcf injection for the week ending September 19 (Bloomberg median +95 bcf, Bloomberg whisper: +97 bcf). The 24 estimates submitted to Bloomberg varied from +90 bcf to +101 bcf with a standard deviation of 2 bcf. Our model showed +91 bcf. Nationwide electricity-weighted cooling degree days reported by NOAA decreased by -18 to 38 CDDs, while natural gas-weighted HDDs increased by +26 to 35 HDDs. Total US: +97 bcf ( LCMC : +91 bcf, Bloomberg median: +95 bcf) East: +66 bcf .....
CFTC COT
| September 22, 2014
Commitments of Traders Report – September 22, 2014
Please find attached data and charts detailing the latest CFTC Commitments of Traders Report for the week ended September 16. We provide all Legacy and Disaggregated trader positions for natural gas, WTI , Brent, gasoline and heating oil. Non-commercials increased net length in Brent and WTI , but decreased in natural gas, heating oil and gasoline during the reference week. Non-commercials net length in natural gas fell by -6.8k to +95.5k in futures and decreased by -11.4k to +191.0k .....
NORTH AMERICAN RIG WATCH
| September 19, 2014
September 19, 2014
Baker Hughes shows 1,930 active rigs as of September 19, 2014, total number of oil & gas rigs remained unchanged from previous week. Oil rigs increased by +9 to 1,601 (ht: +4; vt-dir: +5) while gas-directed rigs decreased by -9 to 329 (ht: -5; vt-dir: -4). Horizontal oil rigs decreased by -1 to 200 in the Eagle Ford (TX) and vertical/directional oil rigs decreased by -6 to 195 in the Permian (TX). Gas-directed horizontal rigs decreased by -2 to 28 in Marcellus ( SWPA ).
EIA NG STORAGE REPORT
| September 18, 2014
September 18, 2014
EIA reported a +90 bcf injection for the week ending September 12 (Bloomberg median +90 bcf, Bloomberg whisper: +88 bcf). The 24 estimates submitted to Bloomberg varied from +87 bcf to +101 bcf with a standard deviation of 4 bcf. Our model showed +87 bcf. Nationwide electricity-weighted cooling degree days reported by NOAA decreased by -19 to 56 CDDs, while natural gas-weighted HDDs increased by +7 to 9 HDDs. Total US: +90 bcf ( LCMC : +87 bcf, Bloomberg median: +90 bcf) East: +58 bcf We.....
NGL MARKET RECAP
| September 17, 2014
September 17, 2014
Propane: US propane inventories increased by 1.4m bbl to 77.4m bbl for the week ended September 12, 2014. PADD 3 inventories increased +1%, or 325k bbl, to 41.3m bbl. PADD 2 stocks increased +4% or by +1.2m bbl to 27.3m bbl. In PADD 1, stocks fell -2% or -119k bbl to 5.6m bbl. Implied demand fell -18% to 1,104 kb/d; imports slumped -49% to 58 kb/d and production increased +1% to an all-time high of 1.62 mb/d last week. In Focus: Bakken LPG production Following a large dip in assoc.....
CFTC COT
| September 15, 2014
Commitments of Traders Report – September 15, 2014
Please find attached data and charts detailing the latest CFTC Commitments of Traders Report for the week ended September 09. We provide all Legacy and Disaggregated trader positions for natural gas, WTI , Brent, gasoline and heating oil. Non-commercials increased net length in Brent and WTI , but decreased in natural gas, heating oil and gasoline during the reference week. Non-commercials net length in natural gas fell by -30.2k to +102.3k in futures and decreased by -29.0k to +202.4.....
NORTH AMERICAN RIG WATCH
| September 12, 2014
September 12, 2014
Baker Hughes shows 1,930 active rigs as of September 12, 2014, higher by +6 from the previous week. Oil rigs increased by +8 to 1,592 (ht: +16; vt-dir: -8) while gas-directed rigs decreased by -2 to 338 (ht: -7; vt-dir: +5). Horizontal oil rigs increased by +3 to 234 whereas vertical/directional rigs decreased by -4 to 201 in the Permian (TX). Gas-directed horizontal rigs increased by +1 to 20 in Granite Wash (TX).
NGL MARKET RECAP
| September 10, 2014
September 10, 2014
Propane: US propane inventories decreased by -78k bbl to 76.0m bbl for the week ended September 5, 2014. PADD 3 inventories dropped -1%, or -601k bbl, to 41.0m bbl. PADD 2 stocks increased +2% or by +638k bbl to 26.2m bbl. In PADD 1, stocks fell -3% or -162k bbl to 5.7m bbl. Implied demand increased +33% to 1,350 kb/d; imports jumped +111% to 114 kb/d and production increased +4% to a new all-time high of 1.60 mb/d last week. In Focus: Expanded charts This week we have included our .....