NORTH AMERICAN RIG WATCH | June 07, 2013
June 7, 2013
Baker Hughes shows 1,760 active rigs as of June 7, 2013, lower by -4 from the previous week. Oil rigs decreased by -4 to 1,406 (ht: -2; vt-dir: -2) while gas-directed rigs were unchanged at 354 (ht: +1; vt-dir: -1). Horizontal oil rigs fell by -5 in the Anadarko (OK) to 102, but increased by +2 to 160 in the Bakken (ND). Gas-directed horizontal rigs decreased by -5 to 23 in the Eagle Ford (TX) but increased by +4 to 20 and 7 in both Texas and Ohio, respectively, in areas not yet identified with .....
DOE CRUDE STATS | June 05, 2013
June 5, 2013
U.S. crude oil inventories fell by -6267k bbl in the week ended May 31, while Cushing stocks declined by -484k bbl. Distillate inventories increased by +2611k bbl and gasoline inventories fell by -366k 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 by -6.27m.....
CFTC COT | May 31, 2013
Commitment of Traders Report - May 31, 2013
Please find attached data and charts detailing the latest CFTC Commitments of Traders Report for the week ended May 28, 2013. We focus on net length of non-commercial traders as well as net length of money managers and swap dealers as indicated in the disaggregated data for WTI , natural gas, gasoline, and heating oil. Non-commercials decreased net length in WTI and gasoline, but increased net length in heating oil and natural gas (futures and options) during the reference week. Non-com.....
OIL PRICE MONITOR | May 31, 2013
May 31, 2013
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.
NORTH AMERICAN RIG WATCH | May 31, 2013
May 31, 2013
Baker Hughes shows 1,764 active rigs as of May 31, 2013, higher by +8 from the previous week. Oil rigs increased by +8 to 1,410 (ht: +10; vt-dir: -2) while gas-directed rigs were unchanged at 354 (ht: -8; vt-dir: +8). Horizontal oil rigs fell by -3 in the Eagle Ford (TX) to 176, but increased by +4 to 158 in the Bakken (ND). Gas-directed horizontal rigs increased by +2 to 18 in the Haynesville (TX) but decreased by -3 to 18 in the Marcellus ( NEPA ).
DOE CRUDE STATS | May 30, 2013
May 30, 2013
U.S. crude oil inventories increased by +3000k bbl in the week ended May 24, while Cushing stocks grew by +335k bbl. Distillate inventories rose by +1851k bbl and gasoline inventories fell by -1514k 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 +3.0m bb.....
CFTC COT | May 24, 2013
Commitment of Traders Report - May 22, 2013
Please find attached data and charts detailing the latest CFTC Commitments of Traders Report for the week ended May 21, 2013. We focus on net length of non-commercial traders as well as net length of money managers and swap dealers as indicated in the disaggregated data for WTI , natural gas, gasoline, and heating oil. Non-commercials increased net length in WTI , gasoline and natural gas (futures and options), but decreased net length in heating oil during the reference week. Non-commerci.....
OIL PRICE MONITOR | May 24, 2013
May 24, 2013
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.
NORTH AMERICAN RIG WATCH | May 24, 2013
May 24, 2013
Baker Hughes shows 1,756 active rigs as of May 24, 2013, lower by -6 for the week. Oil rigs decreased by -6 to 1,402 (ht: -6; vt-dir: unchanged) while gas-directed rigs were unchanged at 354 (ht: -3; vt-dir: +3). Horizontal oil rigs fell by -9 in the Eagle Ford (TX) to 179 and by -4 in the Anadarko (OK) to 106, but increased by +4 to 110 in the Permian (TX), which is a continuation of last weeks’ trend. Gas-directed rigs were little changed.
DOE CRUDE STATS | May 22, 2013
May 22, 2013
U.S. crude oil inventories decreased by -338k bbl in the week ended May 17, while Cushing stocks grew by +449k bbl. Distillate inventories declined by -1052k bbl and gasoline inventories increased by +3015k 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 : Fell by -0.34.....