CFTC COT | July 15, 2022

July 15, 2022

Please find below the links to data and charts detailing the latest CFTC Commitments of Traders Report for the week ended July 12. We provide all Legacy and Disaggregated trader positions for natural gas, WTI, Brent, gasoline, heating oil and gasoil. Non-commercials increased net length in WTI, gasoline, heating oil and gasoil , but decreased in natural gas and Brent during the reference week. Non-commercials net length in natural gas declined by -12.9k to +37.7k in futures and fel.....


EUROPEAN NG TRADE | July 15, 2022

July 15, 2022

Dear , Please find below the link to this week's European natural gas trade and storage estimates, either in units of bcf/d or MMcm/d. European flows and storage inventories include nations in the EU-27 plus the United Kingdom, but discount the five Baltic States (Estonia, Finland, Latvia, Lithuania, and Sweden), as well as Malta and Cyprus.


NORTH AMERICAN RIG WATCH | July 15, 2022

July 15, 2022

Please find below the links to this week's detailed rig reports and a quick recap of the North American oil and gas drilling activity as reported by Baker Hughes. US: Baker Hughes shows 752 active rigs as of July 15, 2022, higher by +2 from the previous week. Oil rigs increased by +2 to 599 (ht: +3; vt-dir: -1), and gas-directed rigs were unchanged at 153 (ht: unch; vt-dir: unch). Horizontal oil rigs increased by +1 in Anadarko (OK), by +1 in Anadarko (TX), by +1 in Bakken (ND), by +1 in Ea.....


EIA NG STORAGE REPORT | July 14, 2022

July 14, 2022

Dear , The EIA reported an +58 bcf injection... Salts, salts, salts. Our models are currently showing storage activity of +47, +23, +18, +52, +54, +60 bcf over the next six weeks for a total of +254 bcf, compared to +226 bcf for the same period last year and the five-year average of +244 bcf.


NGL MARKET RECAP | July 13, 2022

July 13, 2022

Dear , Please find below the link to this week’s NGL Market Recap, which provides an overview of North American NGL statistics as well as global LPG prices, spreads/arbitrages and ratios. Data and charts of the Mont Belvieu non-LST to FEI, Propane Arbitrage, Butane Arbitrage and Mont Belvieu LST NGL Frac Spreads are not available today, due to an issue with our data provider.


SPECTRUM | July 12, 2022

July 12, 2022

Dear , Please find below the link to this week's detailed inventory forecast, our 6-wk storage outlook, along with natural gas trade and power sector demand estimates and highlights of reference week balances. For the week ending July 7, 2022: LCMC 6-wk NG storage estimate: +53, +45, +28, +29, +54, +56. Total +265 vs +244 LY and +253 5-yr avg. This week by region: E: +22; MW: +21, MTN: +5, PAC: +9; SC: -4 (S: -9, NS: +5). 4 analysts reported on BBG with an average of +62 bcf. Total net exports a.....


CFTC COT | July 08, 2022

July 08, 2022

Please find below the links to data and charts detailing the latest CFTC Commitments of Traders Report for the week ended July 05. We provide all Legacy and Disaggregated trader positions for natural gas, WTI, Brent, gasoline, heating oil and gasoil. Non-commercials increased net length in gasoil , but decreased in natural gas, WTI, Brent, gasoline and heating oil during the reference week. Non-commercials net length in natural gas declined by -23.8k to +50.6k in futures and decrea.....


EUROPEAN NG TRADE | July 08, 2022

July 8, 2022

Dear , Please find below the link to this week's European natural gas trade and storage estimates, either in units of bcf/d or MMcm/d. European flows and storage inventories include nations in the EU-27 plus the United Kingdom, but discount the five Baltic States (Estonia, Finland, Latvia, Lithuania, and Sweden), as well as Malta and Cyprus.


NORTH AMERICAN RIG WATCH | July 08, 2022

July 08, 2022

Please find below the links to this week's detailed rig reports and a quick recap of the North American oil and gas drilling activity as reported by Baker Hughes. US: Baker Hughes shows 750 active rigs as of July 08, 2022, higher by +2 from the previous week. Oil rigs increased by +2 to 597 (ht: unch; vt-dir: +2), and gas-directed rigs were unchanged at 153 (ht: unch; vt-dir: unch). Horizontal oil rigs increased by +1 in Eagle Ford (TX) and by +1 in Permian (TX), while declining by -2 in Ot.....


EIA NG STORAGE REPORT | July 07, 2022

July 7, 2022

Dear , The EIA reported an +60 bcf injection, 7 bcf lower than our estimate of +67 bcf and 15 bcf lower than the Bloomberg median of +75 bcf. Our models are currently showing storage activity of +57, +37, +29, +52, +55, +58 bcf over the next six weeks for a total of +288 bcf, compared to +244 bcf for the same period last year and the five-year average of +253 bcf.