NGL MARKET RECAP
| January 19, 2017
January 19, 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
| January 19, 2017
January 19, 2017
U.S. crude oil inventories rose by +2347k bbl in the week ended January 13, while Cushing stocks decreased by -1274k bbl. Distillate inventories fell by -968k bbl and gasoline inventories increased by +5951k 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 : Rose by +2.....
CFTC COT
| January 16, 2017
Commitments of Traders Report – January 16, 2017
Please find attached data and charts detailing the latest CFTC Commitments of Traders Report for the week ended January 10. We provide all Legacy and Disaggregated trader positions for natural gas, WTI , Brent, gasoline, heating oil and gasoil. Non-commercials increased net length in gasoline and WTI , but decreased in Brent, natural gas, gasoil and heating oil during the reference week. Non-commercials net length in natural gas decreased by -51.1k to +349.4k in futures and fell by -4.....
NORTH AMERICAN RIG WATCH
| January 13, 2017
January 13, 2017
Baker Hughes shows 658 active rigs as of January 13, 2017, lower by -6 from the previous week. Oil rigs decreased by -7 to 522 (ht: -1; vt-dir: -6), and gas-directed rigs increased by +1 to 136 (ht: +4; vt-dir: -3). Horizontal oil rigs increased by +3 in areas of Texas not associated with a specific play, while vertical/directional oil rigs decreased by -5. Horizontal gas rigs increased by +3 in Marcellus ( SWPA ), while vertical/directional gas rigs decreased by -3.
NGL MARKET RECAP
| January 11, 2017
January 11, 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
| January 11, 2017
January 11, 2017
U.S. crude oil inventories rose by +4097k bbl in the week ended January 06, while Cushing stocks decreased by -579k bbl. Distillate inventories grew by +8356k bbl and gasoline inventories rose by +5023k 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 : Increased by +4.....
CFTC COT
| January 09, 2017
Commitments of Traders Report – January 09, 2017
Please find attached data and charts detailing the latest CFTC Commitments of Traders Report for the week ended January 03. 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, gasoline, natural gas, gasoil and heating oil , but decreased in WTI during the reference week. Non-commercials net length in natural gas declined by -15.1k to +400.4k in futures and increased by +.....
CRUDE LOADINGS REPORT
| January 06, 2017
January 6, 2017
Announced OPEC and Non- OPEC production cuts were expected to go into effect on January 1, 2017. Production cuts may not immediately result in lower loading volumes, but market participants are closely monitoring 1H 2017 loadings. OPEC and Non- OPEC participants covered in our report are Angola, Iraq, Russia, Kazakhstan, Azerbaijan, and Equatorial Guinea. February NSea loadings will drop to 2.06 mb/d, down by -83 kb/d MoM, while February WAF loadings are expected to increase to 3.96 .....
NORTH AMERICAN RIG WATCH
| January 06, 2017
January 6, 2017
Baker Hughes shows 664 active rigs as of January 6, 2017, higher by +7 from the previous week. Oil rigs increased by +4 to 529 (ht: +1; vt-dir: +3), and gas-directed rigs increased by +3 to 135 (ht: +1; vt-dir: +2). Horizontal oil rigs increased by +4 in Eagle Ford (TX) and by +1 in Permian (TX), while deceasing by -3 in Anadarko (TX) and by -1 in Other. Horizontal gas rigs increased by +1 in Eagle Ford (TX), by +1 in Haynesville (TX), by +1 in Marcellus ( NEPA ) and by +1 in Other, while decrea.....
NGL MARKET RECAP
| January 05, 2017
January 5, 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.