EIA NG STORAGE REPORT | March 17, 2011

-56 bcf

EIA NG STORAGE REPORT The EIA reported a -56 bcf natural gas inventory withdrawal for the week ending March 11, a larger draw than consensus estimates (Bloomberg median -42 bcf) and the year-ago withdrawal of -25 bcf, but largely in line with the 5yr average withdrawal of -58 bcf. Weather-adjusted, this withdrawal makes balances appear tighter on a year-ago basis. This is the first time balances have appeared tighter on the year since early February when colder-than-normal temperatures .....


CFTC COT | March 11, 2011

March 11, 2011

Please find attached data and charts detailing the latest CFTC Commitments of Traders Report for the week ending March 8. 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. Non-commercial net length climbed across the board in the petroleum complex this week. The rise in non-commercial net length in WTI was much weaker compared to the last couple .....


EIA NG STORAGE REPORT | March 10, 2011

-71 bcf

EIA NG STORAGE REPORT The EIA reported a -71 bcf natural gas inventory build for the week ending March 4, a slightly smaller draw than consensus estimates (Bloomberg median -78 bcf) and well below the year-ago withdrawal (-112 bcf) as well as the 5yr average withdrawal (-107 bcf) due mostly to warmer weather. However, even weather-adjusted, the withdrawal makes balances appear slightly looser on a year-ago basis. Nonetheless, we are still anticipating end of March inventories in the 1......


CFTC COT | March 04, 2011

March 04, 2011

Please find attached data and charts detailing the latest CFTC Commitments of Traders Report for the week ending March 1. 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. Non-commercial net length jumped in WTI again this week, reaching yet another record high (since the CFTC started releasing disaggregated data in January 2010). Non-commercia.....


EIA NG STORAGE REPORT | March 03, 2011

-85 bcf

EIA NG STORAGE REPORT The EIA reported a -85 bcf storage withdrawal for the week ending February 25, in line with the Bloomberg median of -85 bcf but much smaller than the five-year average draw of -131 bcf and the year-ago draw of -124 bcf. This draw makes balances appear just slightly looser on both a year-ago and week-ago basis. However, the holiday effect, increased power generation from other sources, and the first net injection of the season in the producing region all contributed .....


CFTC COT | February 25, 2011

February 25, 2011

Please find attached data and charts detailing the latest CFTC Commitments of Traders Report for the week ending February 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. Non-commercials increased net length in WTI sharply to reach a new record high (since the CFTC started releasing disaggregated data in January 2010) this week. Non-commer.....


EIA NG STORAGE REPORT | February 24, 2011

-81 bcf

EIA NG STORAGE REPORT The EIA reported a -81 bcf storage withdrawal for the week ending February 18, just slightly smaller than the Bloomberg median estimate of -83 bcf but much smaller than the five-year average draw of -148 bcf and the year-ago draw of -174 bcf. This draw appears looser than the same calendar week last year. However, the looser-looking balances are likely due to the large increases in temperature across the US during the reporting week. At the same time, even as we ap.....


CFTC COT | February 18, 2011

February 18, 2011

Please find attached data and charts detailing the latest CFTC Commitments of Traders Report for the week ending February 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. The non-commercial net short position strengthened in the natural gas market and reached a new record low (since the CFTC started releasing disaggregated data in January 20.....


EIA NG STORAGE REPORT | February 17, 2011

-233 bcf

EIA NG STORAGE REPORT The EIA reported a -233 bcf storage withdrawal for the week ending February 11, just slightly below the Bloomberg median estimate of -235 bcf but well above the five-year average draw of -150 bcf and the year-ago draw of -190 bcf. This draw indicates balances tighter than last year but in line with the prior week’s draw after adjusting for power outages in Texas and natural gas shortages in the Southwest US during the prior week. Total US: -233 bcf (Bloomberg med.....


CFTC COT | February 11, 2011

February 11, 2011

Please find attached data and charts detailing the latest CFTC Commitments of Traders Report for the week ending February 8. 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. Non-commercials increased net length in WTI slightly and reduced net length in gasoline and heating oil this week. Net longs rose by 2.2k to 228.5k in futures only and by 8......