NGL MARKET RECAP | December 13, 2017

December 13, 2017

Attached is this week’s NGL Market Recap, which provides an overview of U.S. propane statistics as well as global LPG prices, ratios and fractionation spreads.


DOE CRUDE STATS | December 13, 2017

December 13, 2017

U.S. crude oil inventories declined by -5117k bbl in the week ended December 08, while Cushing stocks decreased by -3317k bbl. Distillate inventories fell by -1370k bbl and gasoline inventories rose by +5664k bbl. We also remind our clients that in-depth analysis of DOE weekly petroleum statistical releases can be conducted using the “Commodities Analytical Toolkit” in the Data Portal section of our website ( www.lcmc-research.com ). Major data points: Crude oil inventories : Decreased.....


CFTC COT | December 08, 2017

Commitments of Traders Report – December 08, 2017

Please find attached data and charts detailing the latest CFTC Commitments of Traders Report for the week ended December 05. We provide all Legacy and Disaggregated trader positions for natural gas, WTI , Brent, gasoline, heating oil and gasoil. Non-commercials increased net length in WTI , but decreased in Brent, gasoline, natural gas, gasoil and heating oil during the reference week. Non-commercials net length in natural gas fell by -54.7k to +178.9k in futures and decreased by -57......


NORTH AMERICAN RIG WATCH | December 08, 2017

December 8, 2017

US: Baker Hughes shows 931 active rigs as of December 08, 2017, higher by +2 from the previous week. Oil rigs increased by +2 to 751 (ht: +4; vt-dir: -2), and gas-directed rigs were unchanged at 180 (ht: unch; vt-dir: unch). Horizontal oil rigs increased by +3 in Eagle Ford (TX), by +3 in Permian (NM), by +2 in Permian (TX) and by +1 in Anadarko (TX), while declining by -2 in Anadarko (OK), by -2 in Bakken (ND) and by -1 in Other areas not associated with a specific play. Horizontal gas rigs in.....


NGL MARKET RECAP | December 06, 2017

December 6, 2017

Attached is this week’s NGL Market Recap, which provides an overview of U.S. propane statistics as well as global LPG prices, ratios and fractionation spreads.


DOE CRUDE STATS | December 06, 2017

December 6, 2017

U.S. crude oil inventories declined by -5610k bbl in the week ended December 01, while Cushing stocks fell by -2753k bbl. Distillate inventories increased by +1667k bbl and gasoline inventories grew by +6780k bbl. We also remind our clients that in-depth analysis of DOE weekly petroleum statistical releases can be conducted using the “Commodities Analytical Toolkit” in the Data Portal section of our website ( www.lcmc-research.com ). Major data points: Crude oil inventories : Declined .....


CRUDE LOADINGS REPORT | December 05, 2017

December 5, 2017

OPEC and Non- OPEC supply-cut deal participants covered in our report are Angola, Iraq, Equatorial Guinea, Russia, Kazakhstan, and Azerbaijan. January NSea loadings will increase to 1.92 mb/d, up by +15 kb/d MoM but down by -225 kb/d YoY. January WAF programs are expected to decline by -222 kb/d to 3.96 mb/d owing to decreasing Nigerian flows. Russian programs will fall to their 2-year low of 2.44 mb/d in December, down by -276 kb/d MoM. December CPC loadings are planned at 1.29 mb/d, do.....


CFTC COT | December 01, 2017

Commitments of Traders Report – December 01, 2017

Please find attached data and charts detailing the latest CFTC Commitments of Traders Report for the week ended November 28. We provide all Legacy and Disaggregated trader positions for natural gas, WTI , Brent, gasoline, heating oil and gasoil. Non-commercials increased net length in Brent, heating oil and WTI , but decreased in gasoline, natural gas and gasoil during the reference week. Non-commercials net length in natural gas fell by -54.8k to +233.6k in futures and declined by -5.....


NORTH AMERICAN RIG WATCH | December 01, 2017

December 1, 2017

US: Baker Hughes shows 929 active rigs as of December 01, 2017, higher by +6 from the previous week. Oil rigs increased by +2 to 749 (ht: +3; vt-dir: -1), and gas-directed rigs increased by +4 to 180 (ht: +3; vt-dir: +1). Horizontal oil rigs increased by +3 in Permian (TX) and by +1 in Bakken (ND), while declining by -1 in Other areas not associated with a specific play. Horizontal gas rigs increased by +3 in Haynesville (TX). Canada: Baker Hughes shows 222 active rigs as of December 01, 201.....


NGL MARKET RECAP | November 29, 2017

November 29, 2017

Attached is this week’s NGL Market Recap, which provides an overview of U.S. propane statistics as well as global LPG prices, ratios and fractionation spreads.