DOE CRUDE STATS | April 16, 2014
April 16, 2014
U.S. crude oil inventories grew by +10013k bbl in the week ended April 11, while Cushing stocks declined by -771k bbl. Distillate inventories decreased by -1278k bbl and gasoline inventories fell by -154k 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 +10.0.....
CFTC COT | April 14, 2014
Commitments of Traders Report – April 14, 2014
Please find attached data and charts detailing the latest CFTC Commitments of Traders Report for the week ended April 08. We provide all Legacy and Disaggregated trader positions for natural gas, WTI , Brent, gasoline and heating oil. Non-commercials increased net length in natural gas, Brent and WTI , but decreased in heating oil and gasoline during the reference week. Non-commercials net length in natural gas declined by -1.3k to +399.1k in futures and grew by +5.1k to +506.6k in fu.....
OIL PRICE MONITOR | April 11, 2014
April 11, 2014
Attached is this week’s Oil Price Monitor, which provides an overview of global oil market activity across a range of dimensions, from spot crude and product prices to forward curves, refining margins, product arbitrage, and crude loadings. Please note that Bloomberg temporarily suspended publishing pricing information for the items below. We will update our Oil Price Monitor as data becomes available again. Crude benchmarks: Urals Mediterranean Bonny Light Refined products: Singap.....
NORTH AMERICAN RIG WATCH | April 11, 2014
April 11, 2014
Baker Hughes shows 1,827 active rigs as of April 11, 2014, higher by +13 from the previous week. Oil rigs increased by +19 to 1,517 (ht: +5; vt-dir: +14) while gas-directed rigs decreased by -6 to 310 (ht: -5; vt-dir: -1). Horizontal oil rigs increased by +9 to 208 in Permian (TX). Gas-directed horizontal rigs decreased by -2 to 19 in Haynesville (LA).
NGL MARKET RECAP | April 09, 2014
April 9, 2014
There will be no commentary today ahead of a Market Insight to be published ahead of next week’s report.
DOE CRUDE STATS | April 09, 2014
April 9, 2014
U.S. crude oil inventories grew by +4030k bbl in the week ended April 04, while Cushing stocks increased by +345k bbl. Distillate inventories rose by +239k bbl and gasoline inventories fell by -5188k 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 +4.03.....
CFTC COT | April 07, 2014
Commitments of Traders Report – April 07, 2014
Please find attached data and charts detailing the latest CFTC Commitments of Traders Report for the week ended April 01. We provide all Legacy and Disaggregated trader positions for natural gas, WTI , Brent, gasoline and heating oil. Non-commercials increased net length in Brent and WTI , but decreased in natural gas, heating oil and gasoline during the reference week. Non-commercials net length in natural gas rose by +8.0k to +400.3k in futures and fell by -13.0k to +501.4k in futur.....
OIL PRICE MONITOR | April 04, 2014
April 4, 2014
Attached is this week’s Oil Price Monitor, which provides an overview of global oil market activity across a range of dimensions, from spot crude and product prices to forward curves, refining margins, product arbitrage, and crude loadings. Please note that Bloomberg temporarily suspended publishing pricing information for the items below. We will update our Oil Price Monitor as data becomes available again. Crude benchmarks: Urals Mediterranean Bonny Light Refined products: Singap.....
NORTH AMERICAN RIG WATCH | April 04, 2014
April 4, 2014
Baker Hughes shows 1,814 active rigs as of April 4, 2014, higher by +9 from the previous week. Oil rigs increased by +11 to 1,498 (ht: +13; vt-dir: -2) while gas-directed rigs decreased by -2 to 316 (ht: 0; vt-dir: -2). Horizontal oil rigs increased by +4 to 40 in Anadarko (TX). Gas-directed horizontal rigs decreased by -3 to 8 in Eagle Ford (TX).
NGL MARKET RECAP | April 02, 2014
April 2, 2014
In Focus: monthly EIA stat highlights Although U.S. NGL production for January 2014 was below the record set last September, as gas and oil production recovers from freeze-offs and as construction/expansion projects are completed in the Bakken and Marcellus/Utica, we would expect production to have topped 2.7 mb/d in February or March, and expect to surpass the 3.0 mb/d mark before the end of 1Q15.