Friday, June 25, 2010
Thursday, June 24, 2010
NOAA Tropical Weather Outlook
FOR THE NORTH ATLANTIC...CARIBBEAN SEA AND THE GULF OF MEXICO...
1. A TROPICAL WAVE OVER THE WESTERN CARIBBEAN SEA CONTINUES TO PRODUCE SHOWERS AND A FEW THUNDERSTORMS ACROSS PORTIONS OF HISPANIOLA...JAMAICA...CUBA...THE CAYMAN ISLANDS...AND THE ADJACENT WATERS OF THE NORTHERN CARIBBEAN SEA. THIS SYSTEM HAS CHANGED LITTLE IN ORGANIZATION OVER THE PAST SEVERAL HOURS...WITH MOST OF THE SHOWER AND THUNDERSTORM ACTIVITY OCCURRING TO THE EAST OF THE WAVE AXIS...AND THE AIR FORCE RESERVE UNIT RECONNAISSANCE AIRCRAFT MISSION TO INVESTIGATE THE AREA TODAY HAS BEEN CANCELED. UPPER-LEVEL WINDS ARE EXPECTED TO BECOME MORE CONDUCIVE FOR DEVELOPMENT OF THIS SYSTEM AS IT MOVES WESTWARD OR WEST-NORTHWESTWARD AROUND 10 MPH OVER THE NEXT COUPLE OF DAYS. THERE IS A MEDIUM CHANCE...40 PERCENT...OF THIS SYSTEM BECOMING A TROPICAL CYCLONE DURING THE NEXT 48 HOURS.
ELSEWHERE...TROPICAL CYCLONE FORMATION IS NOT EXPECTED DURING THE NEXT 48 HOURS.
Source: NOAA
1. A TROPICAL WAVE OVER THE WESTERN CARIBBEAN SEA CONTINUES TO PRODUCE SHOWERS AND A FEW THUNDERSTORMS ACROSS PORTIONS OF HISPANIOLA...JAMAICA...CUBA...THE CAYMAN ISLANDS...AND THE ADJACENT WATERS OF THE NORTHERN CARIBBEAN SEA. THIS SYSTEM HAS CHANGED LITTLE IN ORGANIZATION OVER THE PAST SEVERAL HOURS...WITH MOST OF THE SHOWER AND THUNDERSTORM ACTIVITY OCCURRING TO THE EAST OF THE WAVE AXIS...AND THE AIR FORCE RESERVE UNIT RECONNAISSANCE AIRCRAFT MISSION TO INVESTIGATE THE AREA TODAY HAS BEEN CANCELED. UPPER-LEVEL WINDS ARE EXPECTED TO BECOME MORE CONDUCIVE FOR DEVELOPMENT OF THIS SYSTEM AS IT MOVES WESTWARD OR WEST-NORTHWESTWARD AROUND 10 MPH OVER THE NEXT COUPLE OF DAYS. THERE IS A MEDIUM CHANCE...40 PERCENT...OF THIS SYSTEM BECOMING A TROPICAL CYCLONE DURING THE NEXT 48 HOURS.
ELSEWHERE...TROPICAL CYCLONE FORMATION IS NOT EXPECTED DURING THE NEXT 48 HOURS.
Source: NOAA
EIA Weekly NatGas Storage Report 18-Jun-10
EIA Summary
Working gas in storage was 2,624 Bcf as of Friday, June 18, 2010, according to EIA estimates. This represents a net increase of 81 Bcf from the previous week. Stocks were 14 Bcf less than last year at this time and 309 Bcf above the 5-year average of 2,315 Bcf. In the East Region, stocks were 87 Bcf above the 5-year average following net injections of 51 Bcf. Stocks in the Producing Region were 130 Bcf above the 5-year average of 805 Bcf after a net injection of 16 Bcf. Stocks in the West Region were 92 Bcf above the 5-year average after a net addition of 14 Bcf. At 2,624 Bcf, total working gas is within the 5-year historical range.
Source: U.S. Energy Information administration; NOAA
Wednesday, June 23, 2010
Tuesday, June 22, 2010
API Stocks 18-Jun-10
Change mmbbls
Crude: +3.7 (vs. -0.8 fcst)
Gasoline: +0.8 (vs. -0.1 fcst)
Distillates: +1.1 (vs. +1.3 fcst)
Crude: +3.7 (vs. -0.8 fcst)
Gasoline: +0.8 (vs. -0.1 fcst)
Distillates: +1.1 (vs. +1.3 fcst)
Friday, June 18, 2010
Market Review Week Ending 18-Jun-10
S&P 500
CBOE VIX
USDX
EURO 
COMEX Gold
COMEX Copper
CBOE Crude Oil Volatilty Index
CBOE VIX
USDX
EURO 
COMEX Gold
COMEX Copper
CBOE Crude Oil Volatilty Index
Energy Summary Week Ending 18-Jun-10
NYMEX Crude Oil 10-day Candlesticks
NYMEX Crude Oil 1-year Continuation
NYMEX Crude Oil Forward Curve
NYMEX Product Cracks
ICE Brent Crude Oil 10-day Candlesticks
ICE Brent crude Oil 1-year Continuation
NYMEX Gasoline 10-day Candlesticks
NYMEX Gasoline 1-year Continuation
NYMEX Gasoline Forward Curve
NYMEX Heating Oil 10-day Candlesticks
NYMEX Heating Oil 1-year Continuation
NYMEX Heating Oil Forward Curve
NYMEX Natural Gas 10-day Candlesticks
NYMEX Natural Gas 1-year Continuation
NYMEX Natural Gas Forward Curve
NYMEX Crude Oil 1-year Continuation
NYMEX Crude Oil Forward Curve
NYMEX Product Cracks
ICE Brent Crude Oil 10-day Candlesticks
ICE Brent crude Oil 1-year Continuation
NYMEX Gasoline 10-day Candlesticks
NYMEX Gasoline 1-year Continuation
NYMEX Gasoline Forward Curve
NYMEX Heating Oil 10-day Candlesticks
NYMEX Heating Oil 1-year Continuation
NYMEX Heating Oil Forward Curve
NYMEX Natural Gas 10-day Candlesticks
NYMEX Natural Gas 1-year Continuation
NYMEX Natural Gas Forward Curve
Thursday, June 17, 2010
EIA Weekly NatGas Storage Report 11-Jun-10
EIA Summary
Working gas in storage was 2,543 Bcf as of Friday, June 11, 2010, according to EIA estimates. This represents a net increase of 87 Bcf from the previous week. Stocks were 2 Bcf higher than last year at this time and 313 Bcf above the 5-year average of 2,230 Bcf. In the East Region, stocks were 94 Bcf above the 5-year average following net injections of 52 Bcf. Stocks in the Producing Region were 129 Bcf above the 5-year average of 790 Bcf after a net injection of 23 Bcf. Stocks in the West Region were 90 Bcf above the 5-year average after a net addition of 12 Bcf. At 2,543 Bcf, total working gas is above the 5-year historical range.
Source: U.S. Energy Information Administration; NOAA
Natural Gas in the News
Natural Gas Spreads Spark New Amaranth Concern 
June 17 (Bloomberg) -- Trading patterns in natural-gas futures are fanning speculation of a repeat of the collapse four years ago of U.S. hedge fund Amaranth Advisors LLC.
The premium for futures expiring in March 2011 over the April 2011 contract surged to 43.3 cents per million British thermal units June 15 on the New York Mercantile Exchange, the highest level since Feb. 19. The spread was 24.8 cents per million Btu as recently as the end of last week, before jumping more than 50 percent on June 14. The rally came even as U.S. inventories rose to their highest level for this time of year since at least 1993, when the government began collecting data.
Read more...
June 17 (Bloomberg) -- Trading patterns in natural-gas futures are fanning speculation of a repeat of the collapse four years ago of U.S. hedge fund Amaranth Advisors LLC.The premium for futures expiring in March 2011 over the April 2011 contract surged to 43.3 cents per million British thermal units June 15 on the New York Mercantile Exchange, the highest level since Feb. 19. The spread was 24.8 cents per million Btu as recently as the end of last week, before jumping more than 50 percent on June 14. The rally came even as U.S. inventories rose to their highest level for this time of year since at least 1993, when the government began collecting data.
Read more...
Wednesday, June 16, 2010
EIA Weekly Petroleum Status Report 11-Jun-10
Stocks mmbbls
Crude: 363.1 (+1.7)
- Cushing: 37.6 (+0.2)
Gasoline: 218.3 (-0.6)
Distillates: 156.6 (+2.7)
Total Products: 19.3 (-0.2)
Imports mmbbls/d
Crude: 9.7 (+0.2)
Products: 2.1 (+0.1)
Supplied mmbbls/d
Gasoline: 9.3 (+0.1)
Distillates: 3.8 (-0.1)
Total Products: 19.3 (-0.2)
Refinery Operations
Gross Inputs mmbbls/d: 15.5 (-0.2)
Percent Utilization: 87.9% (-1.2)
Source: U.S. Energy Information Administration
Crude: 363.1 (+1.7)
- Cushing: 37.6 (+0.2)
Gasoline: 218.3 (-0.6)
Distillates: 156.6 (+2.7)
Total Products: 19.3 (-0.2)
Imports mmbbls/d
Crude: 9.7 (+0.2)
Products: 2.1 (+0.1)
Supplied mmbbls/d
Gasoline: 9.3 (+0.1)
Distillates: 3.8 (-0.1)
Total Products: 19.3 (-0.2)
Refinery Operations
Gross Inputs mmbbls/d: 15.5 (-0.2)
Percent Utilization: 87.9% (-1.2)
Source: U.S. Energy Information Administration
API Stocks 11-Jun-10
Change mmbbls
Crude: +0.6 (vs. -1.2 fcst)
Gasoline: +1.3 (vs. +0.2 fcst)
Distillates: +2.1 (vs. +1.0 fcst)
Crude: +0.6 (vs. -1.2 fcst)
Gasoline: +1.3 (vs. +0.2 fcst)
Distillates: +2.1 (vs. +1.0 fcst)
Tuesday, June 15, 2010
NOAA Daily Tropical Weather Outlooks
Atlantic Graphical Tropical Weather Outlook
SHOWERS AND THUNDERSTORMS ASSOCIATED WITH THE LOW PRESSURE AREA LOCATED ABOUT 1100 MILES EAST OF THE LESSER ANTILLES HAVE BECOME LIMITED THIS MORNING. ENVIRONMENTAL CONDITIONS ARE EXPECTED TO BECOME LESS FAVORABLE FOR TROPICAL CYCLONE FORMATION DURING THE NEXT DAY OR SO. THE POTENTIAL FOR DEVELOPMENT HAS DECREASED ANDTHERE IS A MEDIUM CHANCE...30 PERCENT...OF THIS SYSTEM BECOMING A TROPICAL CYCLONE DURING THE NEXT 48 HOURS AS IT MOVES WEST-NORTHWESTWARD TO NORTHWESTWARD AT ABOUT 15 MPH.
SHOWERS AND THUNDERSTORMS ASSOCIATED WITH THE LOW PRESSURE AREA LOCATED ABOUT 1100 MILES EAST OF THE LESSER ANTILLES HAVE BECOME LIMITED THIS MORNING. ENVIRONMENTAL CONDITIONS ARE EXPECTED TO BECOME LESS FAVORABLE FOR TROPICAL CYCLONE FORMATION DURING THE NEXT DAY OR SO. THE POTENTIAL FOR DEVELOPMENT HAS DECREASED ANDTHERE IS A MEDIUM CHANCE...30 PERCENT...OF THIS SYSTEM BECOMING A TROPICAL CYCLONE DURING THE NEXT 48 HOURS AS IT MOVES WEST-NORTHWESTWARD TO NORTHWESTWARD AT ABOUT 15 MPH. ELSEWHERE...TROPICAL CYCLONE FORMATION IS NOT EXPECTED DURING THE NEXT 48 HOURS.
Source: NOAA
Monday, June 14, 2010
EURO FX in the News
Euro’s One-Week High May Be ‘False Friend’: Technical Analysis 
June 14 (Bloomberg) -- The euro’s gain to a one-week high versus the dollar may be a “false friend” setting the currency up for a drop to $1.1875 if it doesn’t rally further, according to UniCredit SpA.
Its increase from a four-year low of $1.1877 reached June 7 may be a “fragile pullback” if it doesn’t break above $1.2290, a level that provides a test of the rebound’s momentum, UniCredit analysts led by Roberto Mialich in Milan wrote today in a research note.
Read more...
June 14 (Bloomberg) -- The euro’s gain to a one-week high versus the dollar may be a “false friend” setting the currency up for a drop to $1.1875 if it doesn’t rally further, according to UniCredit SpA.Its increase from a four-year low of $1.1877 reached June 7 may be a “fragile pullback” if it doesn’t break above $1.2290, a level that provides a test of the rebound’s momentum, UniCredit analysts led by Roberto Mialich in Milan wrote today in a research note.
Read more...
Friday, June 11, 2010
Subscribe to:
Posts (Atom)