______API___EST_____EIA___
CL…-1.20.........-2.00.........____
RB…-0.07.........+0.90.........____
HO…+0.63.......+2.00.........____
Showing posts with label inventories. Show all posts
Showing posts with label inventories. Show all posts
Tuesday, July 14, 2009
Wednesday, July 8, 2009
EIA Oil Inventory Report
...........API……Est…….Act Chg….....W%Chg…..Y%Chg
Crude___-1.4 ___-3.2 ____-2.9____ -0.8%__+17.9%Mogas___+0.8__+0.9_____+1.9____+0.9%__+01.7%
Distill __+ 3.4 ___+1.7_____+3.7____+2.4%__+30.4%
Mogas demand rose 1.9% for the week; down 0.8% from ‘08
Jet-fuel demand fell 1.2% for the week; down11.3% from ‘08
Distillate demand fell 6.7% for the week; down 9.4% from ‘08
A negative report for a number of reasons:
A smaller than expected drop in crude inventories. Supplies 18% above last year
Gasoline and distillate supplies rose more than expected
Demand for jet-fuel and distillates dropped last week
http://tonto.eia.doe.gov/oog/info/twip/twip.asp
Crude___-1.4 ___-3.2 ____-2.9____ -0.8%__+17.9%Mogas___+0.8__+0.9_____+1.9____+0.9%__+01.7%
Distill __+ 3.4 ___+1.7_____+3.7____+2.4%__+30.4%
Mogas demand rose 1.9% for the week; down 0.8% from ‘08
Jet-fuel demand fell 1.2% for the week; down11.3% from ‘08
Distillate demand fell 6.7% for the week; down 9.4% from ‘08
A negative report for a number of reasons:
A smaller than expected drop in crude inventories. Supplies 18% above last year
Gasoline and distillate supplies rose more than expected
Demand for jet-fuel and distillates dropped last week
http://tonto.eia.doe.gov/oog/info/twip/twip.asp
Thursday, June 25, 2009
EIA Nat Gas Inventory Report 06.25.09
For Week Ending 6.19.09
Lower 48 Nat Gas Supplies
Act +94 Est +98 Last Week +114 Year ago +85 5Yr Avg +84
Current = 2,651
Last week= 2,557 + 3.70% from last week
5 Yr Max = 2,504 +5.95% from 5 Yr Max
5 Yr Avg = 2,169 + 22.2% from 5 Yr avg
Year Ago = 2,020 + 31.2% from last year
5 Yr Min = 1,858
Summary
Working gas in storage was 2,651 Bcf as of Friday, June 19, 2009, according to EIA estimates. This represents a net increase of 94 Bcf from the previous week. Stocks were 631 Bcf higher than last year at this time and 482 Bcf above the 5-year average of 2,169 Bcf. In the East Region, stocks were 115 Bcf above the 5-year average following net injections of 70 Bcf. Stocks in the Producing Region were 265 Bcf above the 5-year average of 732 Bcf after a net injection of 12 Bcf. Stocks in the West Region were 102 Bcf above the 5-year average after a net addition of 12 Bcf. At 2,651 Bcf, total working gas is above the 5-year historical range.
(Source EIA)
GSH Analysis
The smaller –than-expected build is a slightly positive but the market remains well supplied. The excessive heat may also be providing underlying support. Note that July options expire today and July futures expire at the end of pit trading tomorrow
Lower 48 Nat Gas Supplies
Act +94 Est +98 Last Week +114 Year ago +85 5Yr Avg +84
Current = 2,651
Last week= 2,557 + 3.70% from last week
5 Yr Max = 2,504 +5.95% from 5 Yr Max
5 Yr Avg = 2,169 + 22.2% from 5 Yr avg
Year Ago = 2,020 + 31.2% from last year
5 Yr Min = 1,858
Summary
Working gas in storage was 2,651 Bcf as of Friday, June 19, 2009, according to EIA estimates. This represents a net increase of 94 Bcf from the previous week. Stocks were 631 Bcf higher than last year at this time and 482 Bcf above the 5-year average of 2,169 Bcf. In the East Region, stocks were 115 Bcf above the 5-year average following net injections of 70 Bcf. Stocks in the Producing Region were 265 Bcf above the 5-year average of 732 Bcf after a net injection of 12 Bcf. Stocks in the West Region were 102 Bcf above the 5-year average after a net addition of 12 Bcf. At 2,651 Bcf, total working gas is above the 5-year historical range.
(Source EIA)
GSH Analysis
The smaller –than-expected build is a slightly positive but the market remains well supplied. The excessive heat may also be providing underlying support. Note that July options expire today and July futures expire at the end of pit trading tomorrow
Subscribe to:
Posts (Atom)