🛢️ North America Oil & Gas Weekly Briefing

EIA Weekly Petroleum Status Report (WPSR) · EIA Weekly Natural Gas Storage Report · CFTC Commitments of Traders · Baker Hughes North America Rig Count · Statistics Canada Energy Statistics · CAPP Data Centre · Canada Energy Regulator (CER) · EIA Short-Term Energy Outlook (April 2026)

Disclaimer: Generated for the week of September 25, 2026, on schedule with no sandbox/tooling disruptions this run. US crude/product stocks, production, refinery, imports/exports, and natural gas storage (incl. full regional breakdown) are all independently confirmed directly from the EIA API v2 for the week ending September 18, 2026, and cross-validated against secondary press coverage of the same EIA releases (crude build, Cushing build, and 5-yr-avg percentages all matched). Baker Hughes rig counts are freshly confirmed for week ending September 25, 2026 — the local Rig Counts sync folder still only held the September 11 workbook, so this week's workbook was downloaded directly from rigcount.bakerhughes.com's own static-file link via a plain curl (no browser needed) and parsed in full (NAM Summary + NAM Breakdown) — no figures carried forward this week, including the Canada oil/gas sub-split and Gulf of Mexico; the freshly-downloaded workbook's own "Last Week" column was cross-checked against last week's (September 18) published dashboard figures and matched exactly, so no stale-data discrepancy is flagged this run. CFTC Disaggregated COT data for NYMEX WTI Physical and ICE Europe WTI Financial (both genuine Managed Money) confirmed as of September 22, 2026, sourced directly from cftc.gov/dea/futures/petroleum_sf.htm (`curl -I` Last-Modified header confirmed the report posted on schedule, ~3:27 PM ET). NYMEX WTI Physical net long fell to +101,828 (Long 223,190 / Short 121,362), down -4,451 w/w, via short-building (both legs increased, shorts faster) rather than long liquidation. ICE Europe WTI Financial net short narrowed sharply to -4,834 (from -10,022), +5,188 w/w, driven almost entirely by short-covering (Short -5,186, Long +2). Combined WTI net +96,994, roughly flat w/w (+737) as the two legs moved in opposite directions. WTI NYMEX L/S ratio 1.84x (from 1.92x). ICE Brent Crude financial positioning remains removed from this dashboard entirely. WTI Prompt Spread and HH Summer-Winter Spread were both freshly reconfirmed this run via live CME Globex quotes (Claude in Chrome successfully accessed cmegroup.com without an approval prompt in this scheduled run) — WTI Prompt Spread +$3.60/bbl (Nov26 $92.44 - Dec26 $88.84, up from +$3.23 the prior week as the front month rolled from Oct26 to Nov26), and HH Summer-Winter Spread -$0.21/MMBtu (Oct26 $3.214 vs Nov26-Mar27 avg $3.427, narrowed from -$0.42 as the remaining "summer" strip rolled down to a single month, Oct26). AECO Fwd Basis could NOT be reconfirmed this run — the built-in Browser pane's access request to gasalberta.com was declined in this non-interactive scheduled session (consistent with prior scheduled-run behavior for that site) — it remains carried forward unchanged from September 21, 2026 (-$1.74/MMBtu, Oct26 vs Oct26), now 4 days stale, clearly labeled as such. Statistics Canada's crude/export statistics (June 2026 reference month, Table 25-10-0063-01) were reconfirmed unchanged via a `getCubeMetadata` check (cubeEndDate still 2026-06-01). Western Canada natural gas storage advanced to a new monthly data point this run — Statistics Canada Table 25-10-0086-01 (Alberta + British Columbia closing inventory) was found updated to July 2026 (released September 23, 2026), giving ~651 Bcf vs the prior ~615 Bcf (June 2026); this is a genuine new monthly release, not a methodology change. AESO's Connection Project List was directly re-checked this run via its own page text and found genuinely unchanged (still the September 2026 list, updated 2026-09-01) — no newer monthly list exists yet. Some data points remain carried forward where fresher figures were not available this run, including dry gas production/LNG export STEO estimates (now ten weeks stale). Always verify against primary sources before trading or investment decisions. Kaibur Consulting — Internal Use Only.