| Msg 4922 of 5053 at 7/13/2012 4:52:00 PM by |
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US/UK update + COT
NG shorts still covering
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US |
UK |
UK$-US$ |
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AUG |
$2.87 |
$8.58 |
5.71 |
55.10 |
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SEP |
$2.86 |
$8.74 |
5.88 |
56.12 |
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OCT |
$2.88 |
$8.98 |
6.10 |
57.68 |
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NOV |
$3.10 |
$9.78 |
6.68 |
62.78 |
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DEC |
$3.39 |
$10.21 |
6.82 |
65.55 |
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JAN |
$3.54 |
$10.45 |
6.91 |
67.10 |
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FEB |
$3.55 |
$10.37 |
6.82 |
66.61 |
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MAR |
$3.52 |
$0.00 |
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APR |
$3.51 |
$0.00 |
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MAY |
$3.53 |
$0.00 |
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JUN |
$3.56 |
$0.00 |
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JUL |
$3.60 |
$0.00 |
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AUG |
$3.63 |
$0.00 |
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SEP |
$3.63 |
$0.00 |
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OCT |
$3.66 |
$0.00 |
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NOV |
$3.78 |
$0.00 |
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DEC |
$3.99 |
$0.00 |
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07-13 |
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| COT update non-commercial options + futures |
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Net Pos |
WOW Chng |
Sentiment |
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CL |
+203,592 |
+3,007 |
sl longer |
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NG |
-84,073 |
+8.511 |
less short |
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this week |
last week |
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$ / £ |
1.5574 |
1.5475 |
$ |
lower |
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US |
higher |
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UK |
lower |
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Jan-13 |
$3.54 |
Jun-13 |
$3.56 |
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Jan-14 |
$4.11 |
Jun-14 |
$3.89 |
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Jan-15 |
$4.37 |
Jun-15 |
$4.06 |
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Jan-16 |
$4.53 |
Jun-16 |
$4.23 |
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Jan-17 |
$4.70 |
Jun-17 |
$4.39 |
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Jan-18 |
$4.86 |
Jun-18 |
$4.56 |
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Jan-20 |
$5.26 |
first $5 |
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Dec-21 |
$5.59 |
no $6 |
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NG Storage Surplus per
Robry |
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BCF |
change |
chg/day |
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13-Apr |
853 |
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20-Apr |
857 |
4 |
0.6 |
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27-Apr |
816 |
-41 |
(5.9) |
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11-May |
734 |
-82 |
(5.9) |
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18-May |
719 |
-15 |
(2.1) |
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25-May |
698 |
-21 |
(3.0) |
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1-Jun |
680 |
-18 |
(2.6) |
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8-Jun |
694 |
14 |
2.0 |
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15-Jun |
668 |
-26 |
(3.7) |
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| *** |
22-Jun |
627 |
-41 |
(5.9) |
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29-Jun |
585 |
-42 |
(6.0) |
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6-Jul |
519 |
-66 |
(9.4) |
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13-Jul |
489 |
-30 |
(4.3) |
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14 weeks total injection difference since Apr 1
-378 YOY |
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27.0/week or
3.9 Bcfd lower |
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| *** |
estimate |
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Need to average -30 Bcf/week to
eliminate |
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the surplus by Nov 1 ( 4.3 Bcfd ) |
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