EIA NG STORAGE REPORT
| August 04, 2011
+44 bcf
EIA reported a bearish +44 bcf natural gas inventory build for the week ended July 29. This build exceeded consensus estimates (Bloomberg median +38 bcf and Bloomberg Whisper of +38 bcf) and the year-ago build (+29 bcf) but fell below the prior 5-year average (+47 bcf). This is the second consecutive week that the market has underestimated the storage build, and, immediately following the announcement, the NYMEX front month contract fell $0.11, breaking below the $4/mmbtu mark for the first t.....
CFTC COT
| July 29, 2011
Commitment of Traders Report - July 29, 2011
Please find attached data and charts detailing the latest CFTC Commitments of Traders Report for the week ended July 26. 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 week ended July 26 was relatively uneventful for non-commercial net length in the petroleum complex. Non-commercial net length increased by 14.5k to 253.3k in futures, and by .....
EIA NG STORAGE REPORT
| July 28, 2011
+43 bcf
EIA reported a +43 bcf natural gas inventory build for the week ended July 22. This build was slightly higher than consensus estimates (Bloomberg median +38 bcf and Bloomberg Whisper of +37 bcf) and the year-ago build (+31 bcf) but below the prior 5-year average (+49 bcf). With heat ripping through the U.S. last week, this week’s build undoubtedly makes balances appear looser compared to last year. Pipeline flow models are based on day-ahead scheduled (not actual) flows. Given electric load.....
CFTC COT
| July 22, 2011
Commitment of Traders Report - July 22, 2011
Please find attached data and charts detailing the latest CFTC Commitments of Traders Report for the week ended July 19. 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 shifted back to a net long position in the natural gas market during the week ended July 19 (from last week’s net short position), as they increased their net long.....
EIA NG STORAGE REPORT
| July 21, 2011
+60 bcf
EIA reported a +60 bcf natural gas inventory build for the week ended July 15. This build was in line with consensus estimates (Bloomberg median +60 bcf and Bloomberg Whisper of +60 bcf), but above the year-ago build (+55 bcf) and below the prior 5-year average (+67 bcf). Both year-ago and week-ago comparisons are difficult to make this week due to issues in calculating the rebound from the holiday effect. However, we view this build as suggesting balances about in line with last week and just.....
CFTC COT
| July 15, 2011
Commitment of Traders Report - July 15, 2011
Please find attached data and charts detailing the latest CFTC Commitments of Traders Report for the week ended July 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. Index investors withdrew -$4.91 billion from the commodities markets during the week ended July 12, after pushing in +$14.24 billion during the previous four weeks. The energy com.....
EIA NG STORAGE REPORT
| July 14, 2011
+84 bcf
EIA reported a slightly bearish +84 bcf natural gas inventory build for the week ended July 8. This build came in above consensus estimates (Bloomberg median +79 bcf and Bloomberg Whisper of +80 bcf) and the year-ago build (+78 bcf) but below the prior 5-year average (+88 bcf). Following EIA’s higher-than-expected storage change this morning, NYMEX prices dropped about 10 cents (but have recovered almost completely since then). Weather adjusted, this build makes balances appear looser compare.....
CFTC COT
| July 08, 2011
Commitment of Traders Report - July 8, 2011
Please find attached data and charts detailing the latest CFTC Commitments of Traders Report for the week ended July 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 climbed for the fourth week in a row at +$3.34 billion. Last week had seen an inflow of +$6.67 billion. The energy commodity markets received an inflow of +$2.28 b.....
EIA NG STORAGE REPORT
| July 07, 2011
+95 bcf
EIA reported a bearish +95 bcf natural gas inventory build for the week ended July 1. This build came in well above consensus estimates (Bloomberg median +83 bcf and Bloomberg Whisper of +84 bcf) and above both the prior 5-year average (+80 bcf) and year-ago builds (+76 bcf). Following EIA’s higher-than-expected storage change this morning, NYMEX prices fell another 18 cents (but have recovered somewhat since then). Even when taking into account weather, nuclear outages, and an early holiday .....
CFTC COT
| July 01, 2011
July 01, 2011
Please find attached data and charts detailing the latest CFTC Commitments of Traders Report for the week ended June 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. Non-commercial net length decreased in WTI for the second consecutive week, while net length rose in gasoline and fell in heating oil during the week ended June 28. The non-comm.....