EIA NG STORAGE REPORT
| December 22, 2011
-100 bcf
EIA reported a smaller-than-expected -100 bcf withdrawal for the week ended December 16 (Bloomberg median -105 bcf, Bloomberg Whisper -106 bcf). This is the first time in six weeks that the EIA announcement has come in bearish compared to expectation. And simply weather-adjusted, this build would make balances appear slightly looser week on week, but much of this loosening can be explained by the nearly 1 bcf/d increase in net imports during the reference week. And much of this increase in .....
CFTC COT
| December 16, 2011
Commitment of Traders Report - December 16, 2011
Please find attached data and charts detailing the latest CFTC Commitments of Traders Report for the week ended December 13. 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 in WTI and gasoline but declined in heating oil during the week ended December 13. Non-commercials decreased net length in WTI by 1.4k .....
NORTH AMERICAN RIG WATCH
| December 16, 2011
Schlumberger (Smith) Rigs
STATS shows 1,863 active rigs as of December 16, 2011, down -4 rigs from a week ago. Oil rigs rose by +8 (ht: +4, vt-dir: +4) and gas rigs fell by -12 (ht: -4, vt-dir: -8).
EIA NG STORAGE REPORT
| December 15, 2011
-102 bcf
EIA reported a larger-than-expected -102 bcf withdrawal for the week ended December 9 (Bloomberg median -92 bcf, Bloomberg Whisper -97 bcf). Price response – or rather the lack of it – to the release makes it difficult to call this a bullish number. The first triple-digit withdrawal of the season clearly marks the end of shoulder season-like pulls, but is still well below the -154 bcf draw during the reference week last year. Total US: -102 bcf ( LCMC -98 bcf; Bloomberg median -92 bcf) East.....
CFTC COT
| December 09, 2011
Commitment of Traders Report - December 9, 2011
Please find attached data and charts detailing the latest CFTC Commitments of Traders Report for the week ended December 6. 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 WTI and gasoline and decreased in heating oil during the week ended December 6. Non-commercials reduced net length in WTI by 1.6k to .....
NORTH AMERICAN RIG WATCH
| December 09, 2011
Schlumberger (Smith) STATS
STATS shows 1,867 active rigs as of December 9, 2011, up +4 rigs from a week ago. Oil rigs rose by +8 (ht: +10, vt-dir: -2) and gas rigs fell by -4 (ht: -2, vt-dir: -2).
EIA NG STORAGE REPORT
| December 08, 2011
-20 bcf
EIA reported a bullish -20 bcf withdrawal for the week ended December 2. This is the fourth consecutive bullish surprise, with this week’s draw exceeding market expectations (Bloomberg median -12 bcf, Bloomberg Whisper -8 bcf). But this week, the apparent tightening in balances is slightly easier to understand for a number of reasons. Even so, the market seems to be well aware that the draw is still much lower compared to last year’s -79 bcf draw and the prior five-year average -66 bcf draw. A.....
CFTC COT
| December 02, 2011
Commitment of Traders Report - December 2, 2011
Please find attached data and charts detailing the latest CFTC Commitments of Traders Report for the week ended November 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. Non-commercials reduced net length slightly across the petroleum complex during the week ended November 29. Non-commercial net length rose by 2.7k to 204.0k in futures, and fe.....
NORTH AMERICAN RIG WATCH
| December 02, 2011
Schlumberger (Smith) STATS
STATS shows 1,863 active rigs as of December 2, 2011, down -4 rigs from a week ago. Oil rigs rose by +16 (ht: +10, vt-dir: +6) and gas rigs fell by -20 (ht: -19, vt-dir: -1).
EIA NG STORAGE REPORT
| December 01, 2011
-1 bcf
EIA reported a surprisingly bullish -1 bcf draw for the week ended November 25. This is the first draw of the season and leaves many analysts utilizing pipeline flow models scratching their heads, as most such estimates (including ours) indicated a minor change in inventories for the Consuming East, where EIA reported a -17 bcf draw, resulting in an nationwide draw for the week. Compared to last year’s -21 bcf, as well as the past five-year average of -29 bcf draw, however, this year’s refere.....