EIA NG STORAGE REPORT
| September 23, 2010
+73 bcf
EIA NG STORAGE REPORT The EIA reported a +73 bcf net injection for the week ending September 17, below the Bloomberg median expectation of a +80 build. However, the build surpassed last year’s +66 bcf and the +70 bcf 5-year average. The weather was slightly cooler on the week (40 CDDs for the week compared to 46 CDDs the prior week) but power demand rebounded by 3.3% following the holiday. Total US: +73 bcf (Bloomberg median +80 bcf) East: +53 bcf West: +1 bcf Producing: +19 bcf S.....
CFTC COT
| September 17, 2010
September 17, 2010
Please find attached data and charts detailing the latest CFTC Commitments of Traders Report for the week ending September 14. 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 discovery of the leak and subsequent shutdown of Enbridge’s Line 6A on September 9 prompted a sharp increase in non-commercial net length across the petroleum complex d.....
EIA NG STORAGE REPORT
| September 16, 2010
+103 bcf
EIA NG STORAGE REPORT The EIA reported a +103 bcf net injection for the week ending September 10, well above the Bloomberg median expectation of +93 build. The build surpassed last year’s +69 bcf and the +77 bcf 5-year average. The weather was much cooler on the week (46 CDDs for the week compared to 70 CDDs the prior week) and the holiday effect helped to drag down power demand by -12.0%. This is the largest build in the producing region since the first week of April. Though it is cert.....
CFTC COT
| September 10, 2010
September 10, 2010
Please find attached data and charts detailing the latest CFTC Commitments of Traders Report for the week ending September 7. 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 the petroleum complex during the week ending September 7. WTI and gasoline saw slight increases while the increase was sharper in he.....
EIA NG STORAGE REPORT
| September 09, 2010
+58 bcf
EIA NG STORAGE REPORT The EIA reported a +58 bcf net injection for the week ending September 3, in line with the Bloomberg median expectation of +57 bcf. The build was below last year’s +68 bcf and the +61 bcf 5-year average. Warmer than normal weather (70 CDD vs. 53 CDD 30-year norm) certainly contributed to this week’s injection falling below the prior five-year average. Although comparisons to year-ago balances will become increasingly strained through September, this week’s repor.....
CFTC COT
| September 03, 2010
September 03, 2010
Please find attached data and charts detailing the latest CFTC Commitments of Traders Report for the week ending August 31. 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 bearish streak in the petroleum complex eased somewhat during the week ending August 31 with a fall in heating oil non-commercial net short positions (futures and options .....
EIA NG STORAGE REPORT
| September 02, 2010
+54 bcf
EIA NG STORAGE REPORT The EIA reported a +54 bcf net injection for the week ending August 27, in-line with Bloomberg median expectations of +55 bcf. The build was below last year’s +64 bcf and the +62 bcf 5-year average. In our view, this report does little to change the fundamental story that has prevailed during the summer: the pace of injections is on par with historical norms and with last summer’s pace. Although warm weather (73 CDD versus 61 CDD 30 year norm) certainly contri.....
CFTC COT
| August 27, 2010
August 27, 2010
Please find attached data and charts detailing the latest CFTC Commitments of Traders Report for the week ending August 24. 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. Investors continued to be bearish about the petroleum complex during the week ending August 24. WTI non-commercial net longs (futures only) declined 29%. Non-commercials red.....
EIA NG STORAGE REPORT
| August 26, 2010
+40 bcf
EIA NG STORAGE REPORT The EIA reported a +40 bcf net injection for last week, in-line with the Bloomberg median expectation of +38 bcf. The build was below last year’s +53 bcf and the +59 bcf five-year average due partly to very hot weather. This week’s injection was also essentially in line with the +37 bcf injection from two weeks prior on very similar weather. Total US: +40 bcf (Bloomberg median +38 bcf) East: 48 bcf West: -3 bcf Producing: -5 bcf Statistical summary attached .....
CFTC COT
| August 20, 2010
August 20, 2010
Please find attached data and charts detailing the latest CFTC Commitments of Traders Report for the week ending August 17. 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. Investors soured on the petroleum complex considerably during the week ending August 17. WTI non-commercial net longs declined slightly while non-commercials slashed net lon.....