EIA NG STORAGE REPORT
| October 14, 2010
+91 bcf
EIA NG STORAGE REPORT The EIA reported a +91 bcf storage injection for the week ending October 8, in line with the Bloomberg median expectation of a +92 bcf build. The build exceeded last year’s build of +60 bcf and the +64 bcf 5-year average. The build continues to indicate looser balances than had prevailed last month, though not quite as loose as those indicated by last week’s EIA report. Total US: +91 bcf (Bloomberg median +92 bcf) East: +43 bcf West: +6 bcf Producing: +42 bcf.....
CFTC COT
| October 08, 2010
October 08, 2010
Please find attached data and charts detailing the latest CFTC Commitments of Traders Report for the week ending October 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. Non-commercial net length increased sharply across the petroleum complex during the week as WTI rallied 8.7% to its highest point in five months. In WTI , net longs rose by .....
EIA NG STORAGE REPORT
| October 07, 2010
+85 bcf
EIA NG STORAGE REPORT The EIA reported a +85 bcf storage injection for the week ending October 1, above the Bloomberg median expectation of a +79 bcf build. The build exceeded last year’s build of +68 bcf and the +67 bcf 5-year average. Particularly on the heels of last week’s +74 bcf injection, this week’s report indicates looser balances than had prevailed as recently as two weeks ago. Although we think that the market will fit the past two reports neatly within the narrative of ever-.....
CFTC COT
| October 01, 2010
October 01, 2010
Please find attached data and charts detailing the latest CFTC Commitments of Traders Report for the week ending September 28. 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. In our discussion of trader positions, we aggregate data on swap contracts along with futures and options, which can present a different picture than detailing the headline N.....
EIA NG STORAGE REPORT
| September 30, 2010
+74 bcf (bearish)
EIA NG STORAGE REPORT The EIA reported a +74 bcf net injection for the week ending September 24, above the Bloomberg median expectation of a +68 bcf build. The build exceeded last year’s +65 bcf and the +67 bcf 5-year average. In our view, this is the most bearish weekly report in some time. We suspect that four key dynamics underpinned this week’s bearish surprise: 1) moderating heat in Texas, 2)the onset of shoulder-season conservation , 3) the possibility for coal to take back market .....
CFTC COT
| September 24, 2010
September 24, 2010
Please find attached data and charts detailing the latest CFTC Commitments of Traders Report for the week ending September 21. 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 resumption of operations in Enbridge’s Line 6A on September 17 prompted a fall in non-commercial net length in WTI during the week ending September 21. Non-commercial .....
EIA NG STORAGE REPORT
| September 23, 2010
+73 bcf
EIA NG STORAGE REPORT The EIA reported a +73 bcf net injection for the week ending September 17, below the Bloomberg median expectation of a +80 build. However, the build surpassed last year’s +66 bcf and the +70 bcf 5-year average. The weather was slightly cooler on the week (40 CDDs for the week compared to 46 CDDs the prior week) but power demand rebounded by 3.3% following the holiday. Total US: +73 bcf (Bloomberg median +80 bcf) East: +53 bcf West: +1 bcf Producing: +19 bcf S.....
CFTC COT
| September 17, 2010
September 17, 2010
Please find attached data and charts detailing the latest CFTC Commitments of Traders Report for the week ending September 14. 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 discovery of the leak and subsequent shutdown of Enbridge’s Line 6A on September 9 prompted a sharp increase in non-commercial net length across the petroleum complex d.....
EIA NG STORAGE REPORT
| September 16, 2010
+103 bcf
EIA NG STORAGE REPORT The EIA reported a +103 bcf net injection for the week ending September 10, well above the Bloomberg median expectation of +93 build. The build surpassed last year’s +69 bcf and the +77 bcf 5-year average. The weather was much cooler on the week (46 CDDs for the week compared to 70 CDDs the prior week) and the holiday effect helped to drag down power demand by -12.0%. This is the largest build in the producing region since the first week of April. Though it is cert.....
CFTC COT
| September 10, 2010
September 10, 2010
Please find attached data and charts detailing the latest CFTC Commitments of Traders Report for the week ending September 7. 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 increased in the petroleum complex during the week ending September 7. WTI and gasoline saw slight increases while the increase was sharper in he.....