EIA NG STORAGE REPORT
| August 05, 2010
+29 bcf
EIA NG STORAGE REPORT The EIA reported a +29 bcf storage build for the week ending July 30, just below consensus estimates of +32 bcf and well below year-ago (+67 bcf) and five-year average (+47 bcf) builds for the week due to continued hot weather across the US. Temperatures did moderate slightly during the week, but tropical storm Bonnie’s production shut-ins offset the slight decline in demand. Clearly, the market was primed for a smaller build as prices have sold off $.20 since the s.....
CFTC COT
| July 30, 2010
July 30, 2010
Please find attached stats and charts detailing investor positions in WTI , natural gas, heating oil, and RBOB , as indicated by the latest CFTC Commitments of Traders report. We focus on non-commercial positions as well as the money manager positions in the CFTC’s newer disaggregated report. Investors continued to enter the commodities space by and large during the week ending July 27 in line with the previous week. In WTI , non-commercial net longs increased by almost 30% from last week.....
EIA NG STORAGE REPORT
| July 29, 2010
+28 bcf
EIA NG STORAGE REPORT The EIA reported a +28 bcf natural gas inventory build for the week ending July 23, slightly below consensus estimates (Bloomberg median +32 bcf) and well below the year-ago build (+70 bcf) as well as the 5yr avg buils (+50 bcf) due to much warmer weather. The same week last year experienced 63 CDDs, well below this year’s 97 CDDs for the week. Nonetheless, this is the smallest Jul injection since 2006, when triple-digit CDD prompted a small net withdrawal -- tho.....
CFTC COT
| July 23, 2010
July 23, 2010
Please find attached stats and charts detailing investor positions in WTI , natural gas, heating oil, and RBOB , as indicated by the latest CFTC Commitments of Traders report. We focus on non-commercial positions as well as the money manager positions in the CFTC’s newer disaggregated report. Investors entered the commodities space by and large during the week ending July 20 in a reversal of trends from the last three weeks. In WTI , non-commercial net longs fell marginally from last week.....
EIA NG STORAGE REPORT
| July 22, 2010
July 22, 2010
EIA NG STORAGE REPORT There will be no commentary today.
CFTC COT
| July 19, 2010
Correction of last week's report
Please find attached an updated version of last week’s CFTC Commitments of Traders Report. The tables that we distributed last week included an error in the w-o-w change of net length in WTI positions. We apologize for any inconvenience.
CFTC COT
| July 16, 2010
July 16, 2010
Please find attached stats and charts detailing investor positions in WTI , natural gas, heating oil, and RBOB , as indicated by the latest CFTC Commitments of Traders report. We focus on non-commercial positions as well as the money manager positions in the CFTC’s newer disaggregated report. By and large, investors exited the commodities space again during the week ending July 13. In WTI , non-commercial net longs came back up after hitting their lowest point in a year last week. Net lon.....
EIA NG STORAGE REPORT
| July 15, 2010
+78 bcf (bullish)
EIA NG STORAGE REPORT The EIA reported a bullish +78 bcf natural gas inventory build for the week ending July 9. The build came in just below the Bloomberg median expectation of +80 bcf, but the market was obviously geared toward a larger build. This inventory report should more than offset last week’s bearish surprise considering the impact of the July 4 holiday on demand. Total US: +78 bcf (+80 bcf bloomberg median) East: +43 bcf West: +11 bcf Producing: +24 bcf Statistical summ.....
CFTC COT
| July 09, 2010
July 09, 2010
Please find attached stats and charts detailing investor positions in WTI , natural gas, heating oil, and RBOB , as indicated by the latest CFTC Commitments of Traders report. We focus on non-commercial positions as well as the money manager positions in the CFTC’s newer disagreggated report. By and large, investors exited the commodities space during the week ending July 6. In WTI , non-commercial net longs hit their lowest point in a year. Net longs dropped by 31k to 43k in futures only.....
EIA NG STORAGE REPORT
| July 08, 2010
+78 bcf (bearish)
EIA NG STORAGE REPORT The EIA reported a bearish +78 bcf natural gas inventory build for the week ending July 2. The build came in well above consensus estimates (Bloomberg median +70 bcf) and even above the year-ago build (+74 bcf) on similar weather. The most likely culprit lies in the power sector, where demand came out surprisingly low last week. Total US: +78 bcf (+70 bcf Bloomberg median) East: +48 bcf West: +11 bcf Producing: +19 bcf Statistical summary attached. Total US.....