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.....
DOE CRUDE STATS
| December 28, 2012
December 28, 2012
U.S. crude oil inventories declined by -586k bbl in the week ended December 21, while Cushing stocks grew by +2,214k bbl. Distillate inventories added +2,423k bbl and gasoline inventories gained +3,782k 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.com ). .....
NORTH AMERICAN RIG WATCH
| December 21, 2012
December 21, 2012
STATS shows 1,708 active rigs as of December 21, 2012, up +3 from the previous week. Oil rigs increased by +3 to 1,320 (ht: +13, vt-dir: -10) and total gas rigs were unchanged, although rig types shifted (ht: +6, vt-dir: -6). Horizontal oil rigs increased by +6 in the Eagle Ford (TX) and by +4 in the Permian (TX). STATS shows +2 horizontal gas rigs were added in the Northeast and +3 rigs in the Southwest portions of the Marcellus (PA). Baker Hughes shows 1,769 active rigs as of December 21,.....
CFTC COT
| December 21, 2012
Commitment of Traders Report - December 21, 2012
Please find attached data and charts detailing the latest CFTC Commitments of Traders Report for the week ended December 18. 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-commercial net length expanded across the petroleum complex during the week ended December 18. Non-commercials increased WTI net length by +14.1k to 241.5k in futures an.....