EIA NG STORAGE REPORT
| April 21, 2011
+47 bcf
EIA reported a +47 bcf natural gas inventory build for the week ending April 15. This was a slightly smaller injection than consensus estimates (Bloomberg median +52 bcf and the Bloomberg whisper of +52 bcf). The 5-year average storage injection for the calendar week is +34 bcf but last year there was a +75 bcf injection for the calendar week. This week’s injection implies tighter balances on both the week and the year (after adjusting for weather). Next week, we could see balances tighten on .....
CFTC COT
| April 15, 2011
April 15, 2011
Please find attached data and charts detailing the latest CFTC Commitments of Traders Report for the week ending April 12. We focus on net length of non-commercial traders as well as net length of money managers and swap dealers as indicated in the disaggregated data for WTI , natural gas, gasoline, and heating oil. The non-commercial net long position (from last week) flipped back to a net short position in the natural gas market this week, two weeks after short covering had pushed the non.....
EIA NG STORAGE REPORT
| April 14, 2011
+28 bcf
EIA reported a +28 bcf natural gas inventory build for the week ending April 8. This was a notably smaller injection than consensus estimates (Bloomberg median +35 bcf and the Bloomberg whisper of +38 bcf). The 5-year average storage injection for the calendar week is +28 bcf but last year there was a +79 bcf injection for the calendar week. This week’s injection still implies tighter balances compared to the same calendar week last year (after adjusting for weather), but balances appear looser.....
CFTC COT
| April 08, 2011
April 08, 2011
Please find attached data and charts detailing the latest CFTC Commitments of Traders Report for the week ending April 5. We focus on net length of non-commercial traders as well as net length of money managers and swap dealers as indicated in the disaggregated data for WTI , natural gas, gasoline, and heating oil. Index investment in the commodity markets jumped the most this week (+$8.63 billion) since the week of October 27, 2009. Index investors pushed in +$5.75 billion into the energy .....
EIA NG STORAGE REPORT
| April 07, 2011
-45 bcf
EIA reported a -45 bcf natural gas inventory withdrawal for the week ending April 1. This was a notably smaller withdrawal than consensus estimates (Bloomberg median -52 bcf and the Bloomberg whisper of -56 bcf). This was also the first net withdrawal in the last week of March since 2008 owing to colder than normal weather conditions (166 HDD vs. 124 HDD 30-year normal). The 5-year average storage change for the calendar week is +12 bcf and last year there was a +29 bcf injection. This w.....
CFTC COT
| April 01, 2011
April 01, 2011
Please find attached data and charts detailing the latest CFTC Commitments of Traders Report for the week ending March 29. We focus on net length of non-commercial traders as well as net length of money managers and swap dealers as indicated in the disaggregated data for WTI , natural gas, gasoline, and heating oil. A wave of short covering flipped the non-commercial net short position to a net long position this week. This is the first time that non-commercials have been net long since the.....
EIA NG STORAGE REPORT
| March 31, 2011
+12 bcf
The EIA reported a +12 bcf natural gas inventory injection for the week ending March 25 (the first net injection of the season). This is in stark contrast to consensus estimates which indicated a small withdrawal (Bloomberg median -2 bcf) and the 5-year average withdrawal of -22 bcf for the calendar week. However, this week’s injection is in line with the same calendar week last year which saw its second net injection of the season at +12 bcf. Weather-adjusted, this week’s injection makes bal.....
CFTC COT
| March 25, 2011
March 25, 2011
Please find attached data and charts detailing the latest CFTC Commitments of Traders Report for the week ending March 22. We focus on net length of non-commercial traders as well as net length of money managers and swap dealers as indicated in the disaggregated data for WTI , natural gas, gasoline, and heating oil. The non-commercial net short position decreased sharply in the natural gas market this week. Non-commercials shrank their net short position by 41.1k to 81.5 in futures and swap.....
EIA NG STORAGE REPORT
| March 24, 2011
-6 bcf
EIA NG STORAGE REPORT The EIA reported a -6 bcf natural gas inventory withdrawal for the week ending March 18, a slightly smaller draw than consensus estimates (Bloomberg median -8 bcf) and the 5-year average (-17 bcf) for the calendar week. However, the net change in storage was still a withdrawal unlike the same calendar week last year which saw its first net injection of the season (+7 bcf). Weather-adjusted, this week’s withdrawal makes balances appear tighter on a year-ago basis—j.....
CFTC COT
| March 18, 2011
March 18, 2011
Please find attached data and charts detailing the latest CFTC Commitments of Traders Report for the week ending March 15. We focus on net length of non-commercial traders as well as net length of money managers and swap dealers as indicated in the disaggregated data for WTI , natural gas, gasoline, and heating oil. This week saw the largest outflow of index investment funds (-$7.49 billion) from the commodity markets since end-October 2008. Index investors withdrew -$5.41 billion from the .....