EIA NG STORAGE REPORT
| August 19, 2010
+27 bcf
EIA NG STORAGE REPORT The EIA reported a +27 bcf net injection for last week, well below the year-ago +54 bcf build and the +50 bcf five-year average due partly to very hot weather. Once again, this week’s inventory report suggests that the pace of injections has been quite ordinary this summer and that fuel switching in the power sector has likely been absorbing very large volumes of gas. Total US: +27 bcf (Bloomberg median +31 bcf) East: +40 bcf West: +3 bcf Producing: -16 bcf S.....
CFTC COT
| August 13, 2010
August 13, 2010
Please find attached data in charts detailing the latest CFTC Commitments of Traders Report for the week ending August 10. 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 CFTC data indicate mixed news for WTI . Non-commercial net length increased by 5.6k to 191k (futures and options combined), but the disaggregated report indicates that b.....
EIA NG STORAGE REPORT
| August 12, 2010
+37 bcf
EIA NG STORAGE REPORT The EIA reported a +37 Bcf storage build for the week ending August 6, slightly above consensus estimates of +36 bcf, but below last year’s +63 bcf injection. If anything, this week’s report reaffirms that natural gas inventories are growing at a pace completely in line with historical norms. Much of the market’s focus these days has been on the strong domestic production numbers, but the demand side appears to be soaking up molecules just as readily as producers pu.....
CFTC COT
| August 06, 2010
August 06, 2010
Please find attached stats and charts detailing investor positions in WTI , natural gas, heating oil, and RBOB , as indicated by the latest CFTC Commitments of Traders report. We focus on non-commercial positions as well as the money manager positions in the CFTC’s newer disaggregated report. Risk appetites appear to have returned in energy markets, notwithstanding macroeconomic data that appears mixed at best. Index investors posted their third straight week of strong inflows while non-co.....
EIA NG STORAGE REPORT
| August 05, 2010
+29 bcf
EIA NG STORAGE REPORT The EIA reported a +29 bcf storage build for the week ending July 30, just below consensus estimates of +32 bcf and well below year-ago (+67 bcf) and five-year average (+47 bcf) builds for the week due to continued hot weather across the US. Temperatures did moderate slightly during the week, but tropical storm Bonnie’s production shut-ins offset the slight decline in demand. Clearly, the market was primed for a smaller build as prices have sold off $.20 since the s.....
CFTC COT
| July 30, 2010
July 30, 2010
Please find attached stats and charts detailing investor positions in WTI , natural gas, heating oil, and RBOB , as indicated by the latest CFTC Commitments of Traders report. We focus on non-commercial positions as well as the money manager positions in the CFTC’s newer disaggregated report. Investors continued to enter the commodities space by and large during the week ending July 27 in line with the previous week. In WTI , non-commercial net longs increased by almost 30% from last week.....
EIA NG STORAGE REPORT
| July 29, 2010
+28 bcf
EIA NG STORAGE REPORT The EIA reported a +28 bcf natural gas inventory build for the week ending July 23, slightly below consensus estimates (Bloomberg median +32 bcf) and well below the year-ago build (+70 bcf) as well as the 5yr avg buils (+50 bcf) due to much warmer weather. The same week last year experienced 63 CDDs, well below this year’s 97 CDDs for the week. Nonetheless, this is the smallest Jul injection since 2006, when triple-digit CDD prompted a small net withdrawal -- tho.....
CFTC COT
| July 23, 2010
July 23, 2010
Please find attached stats and charts detailing investor positions in WTI , natural gas, heating oil, and RBOB , as indicated by the latest CFTC Commitments of Traders report. We focus on non-commercial positions as well as the money manager positions in the CFTC’s newer disaggregated report. Investors entered the commodities space by and large during the week ending July 20 in a reversal of trends from the last three weeks. In WTI , non-commercial net longs fell marginally from last week.....
EIA NG STORAGE REPORT
| July 22, 2010
July 22, 2010
EIA NG STORAGE REPORT There will be no commentary today.
CFTC COT
| July 19, 2010
Correction of last week's report
Please find attached an updated version of last week’s CFTC Commitments of Traders Report. The tables that we distributed last week included an error in the w-o-w change of net length in WTI positions. We apologize for any inconvenience.