EIA NG STORAGE REPORT
| February 10, 2011
-209 bcf
The EIA reported a -209 bcf storage withdrawal for the week ending February 4, a larger withdrawal than the Bloomberg median estimate of -197 bcf, the five-year average draw of -159 bcf, and the year-ago draw of -180 bcf. This week’s withdrawal indicates that balances are much tighter on both a year-ago basis and compared to prior weeks during this heating season. This is (at least partly) due to the historically cold weather that struck Texas and the Southwest US last week, leading to well .....
CFTC COT
| February 04, 2011
February 04, 2011
Please find attached data and charts detailing the latest CFTC Commitments of Traders Report for the week ending February 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 increased in WTI and gasoline and was flat in heating oil this week. Net longs rose by 21.6k to 226.3k in futures only and by 28.0k to 291.6k in fu.....
EIA NG STORAGE REPORT
| February 03, 2011
-189 bcf
EIA NG STORAGE REPORT The EIA reported a -189 bcf storage withdrawal for the week ending January 28, a larger withdrawal than the Bloomberg median estimate of -187 bcf, the five-year average draw of -165 bcf, and the year-ago draw of -111 bcf. Looking at weather alone, this draw makes balances look tighter year on year but looser relative to prior weeks during this withdrawal season. Looking forward, current inventories and the pace of this year’s withdrawals are still pointing toward e.....
CFTC COT
| January 28, 2011
January 28, 2011
Please find attached data and charts detailing the latest CFTC Commitments of Traders Report for the week ending January 25. 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 declined across the petroleum complex this week. Net longs fell by 20.8k to 204.6k in futures only and by 22.5k to 263.6k in futures and options comb.....
EIA NG STORAGE REPORT
| January 27, 2011
-174 bcf
EIA NG STORAGE REPORT The EIA reported a -174 bcf storage withdrawal for the week ending January 21, a larger withdrawal than the Bloomberg median estimate of -170 bcf, the five-year average draw of -152 bcf, and the year-ago draw of -109 bcf. Looking at weather, this draw makes balances appear about 4.5 bcf/d tighter than last year; however, last week was a holiday week, making comparisons difficult. The draw does look in line with prior weeks this year. So, given current inventory le.....
CFTC COT
| January 21, 2011
January 21, 2011
Please find attached data and charts detailing the latest CFTC Commitments of Traders Report for the week ending January 18. 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. Though noncommercial net length was little changed across the petroleum complex, noncommercial traders became increasingly short natural gas for the second week in a row. Afte.....
EIA NG STORAGE REPORT
| January 20, 2011
-243 bcf
EIA NG STORAGE REPORT The EIA reported a -243 bcf storage withdrawal for the week ending January 14, a larger withdrawal than the Bloomberg median estimate of -232 bcf and the -133 bcf five-year average, but a smaller withdrawal than the year-ago -248 bcf draw. Looking at weather, this draw appears largely in line with last year’s draw. At the same time, net imports during the calendar week are astoundingly low given the cold weather that hit the US during the reporting week. Even so, .....
CFTC COT
| January 14, 2011
January 14, 2011
Please find attached data and charts detailing the latest CFTC Commitments of Traders Report for the week ending January 11. 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 big story on the week revolved around natural gas. Although index investors withdrew -$1.26 billion from energy markets (and -$5.4 billion from commodity markets), natural.....
EIA NG STORAGE REPORT
| January 13, 2011
-138 bcf
EIA NG STORAGE REPORT The EIA reported a -138 bcf storage withdrawal for the week ending January 7, below the Bloomberg median estimate of -149 bcf, the -161 bcf 5-year average, and the year-ago -255 bcf draw. While appearing low at first, this is largely in line with last year’s withdrawals, as well as the past two week’s withdrawals, when taking into consideration differences in weather and the holiday effect. At this point, if we continue through the winter withdrawing inventories at.....
CFTC COT
| January 07, 2011
January 07, 2011
Please find attached data and charts detailing the latest CFTC Commitments of Traders Report for the week ending January 4. 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 boosted their net length sharply in the natural gas market this week. The non-commercial net short position flipped to a net long position of 10.2k in futures a.....