EIA NG STORAGE REPORT
| August 11, 2011
+25 bcf
That was a bullish surprise! EIA reported a +25 bcf build for the week ended August 5. This was well below consensus estimates (Bloomberg median +35 bcf) and the year-ago build (+36 bcf) as well as below the prior 5-year average (+37 bcf). The market significantly overestimated this week’s build and, immediately following the announcement, the NYMEX front month contract jumped $0.20, hitting the $4.14/mmbtu mark. During the reference week, most of the producing region was — and still is — .....
CFTC COT
| August 05, 2011
Commitment of Traders Report - August 5, 2011
Please find attached data and charts detailing the latest CFTC Commitments of Traders Report for the week ended August 2. 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 during week ended August 2. We suspect that it was on account of the sell-off in global markets that started at th.....
NORTH AMERICAN RIG WATCH
| August 05, 2011
Schlumberger (Smith) STATS - NEW Report!
Dear clients, We are delighted to introduce our new report “U.S. Rig Watch – Schlumberger (Smith) STATS .” This new report contains oil and gas rigs broken by type (horizontal and vertical/directional), by target (oil and gas), and by formation/state in an easy-to-follow layout. U.S. Rig Watch will be published Fridays shortly after source data becomes available. Please do not hesitate to contact us at info@lcmc-research.com if you require any additional information or would like to prov.....
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.....