OIL PRICE MONITOR
| January 11, 2013
January 11, 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
| January 11, 2013
January 11, 2013
STATS shows 1,640 active rigs as of January 4, 2013, lower by -9 for the week. Oil rigs fell by -3 to 1,264 (ht: -7; vt-dir: +4) and gas rigs declined by -6 to 376 (ht: -6; vt-dir: unchanged). Horizontal oil rigs in the Texas portion of the Anadarko Basin fell by -4 to 17 while horizontal gas rigs in the Eagle Ford declined by -5 to 37. Baker Hughes shows 1,757 active rigs as of January 4, 2013, which is unchanged from the previous week. Oil rigs increased by +5 to 1,323 (ht: +11; vt-dir: -6).....
DOE CRUDE STATS
| January 09, 2013
January 9, 2013
U.S. crude oil inventories grew by +1,314k bbl in the week ended January 4, while Cushing stocks built +332k bbl. Distillate inventories increased by +6,777k bbl and gasoline inventories gained +7,412k 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 : Built +1.31m bbl (.....
OIL PRICE MONITOR
| January 04, 2013
January 4, 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, crude loadings, and weekly DOE EIA data.
CFTC COT
| January 04, 2013
Commitment of Traders Report - January 4, 2013
Please find attached data and charts detailing the latest CFTC Commitments of Traders Report for the week ended January 1 (data as of December 31). 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 expanded net length across the petroleum complex for the third consecutive week (during the week ended January 1). Non-commercial net le.....
NORTH AMERICAN RIG WATCH
| January 04, 2013
January 4, 2013
STATS shows 1,649 active rigs as of January 4, 2013, lower by -23 week-over-week. Oil rigs decreased by -13 to 1,267 (ht: +10; vt-dir: -23) while gas-directed rigs fell by -10 to 382 (ht: -7; vt-dir: -3). Horizontal oil rigs in the Oklahoma portion of the Anadarko Basin increased by +8 while vertical/directional oil rigs in the Permian Basin dropped by -8. Horizontal gas rigs increased by +4 in the northern Pennsylvania portion of the Marcellus but fell by a cumulative -6 in the Texas Barnett a.....
DOE CRUDE STATS
| January 04, 2013
January 4, 2013
U.S. crude oil inventories declined by -11,120k bbl in the week ended December 28, while Cushing stocks increased by +573k bbl. Distillate inventories rose by +4,574k bbl and gasoline inventories gained +2,569k bbl. Please find attached this week’s detailed statistical report. 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.co.....
CFTC COT
| December 28, 2012
Commitment of Traders Report - December 28, 2012
Please find attached data and charts detailing the latest CFTC Commitments of Traders Report for the week ended December 25 (data as of December 24). 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. During the week ended December 25, non-commercials increased net length across the petroleum complex for the second consecutive week. Non-commercial n.....
OIL PRICE MONITOR
| December 28, 2012
December 28, 2012
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, crude loadings, and weekly DOE EIA data.
NORTH AMERICAN RIG WATCH
| December 28, 2012
December 28, 2012
STATS shows 1,672 active rigs as of December 28, 2012, down -36 from the previous week. Oil rigs decreased by -40 to 1,280 (ht: -22, vt-dir: -18) and total gas rigs increased by +4 to 392 (ht: +3, vt-dir: +1). Twelve oil rigs pulled out of the Oklahoma portion of the Anadarko basin (ht: -9, vt-dir: -3) and horizontal rigs operating in the Eagle Ford fell by -6. Horizontal gas rigs in the Eagle Ford and Marcellus ( NEPA ) increased by +2 and +1, respectively. Baker Hughes shows 1,758 active ri.....