CFTC COT | September 28, 2012

Commitment of Traders Report - September 28, 2012

Please find attached data and charts detailing the latest CFTC Commitments of Traders Report for the week ended September 25. 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 reduced net length in WTI during the week ended September 25. Non-commercial net length declined by -44.4k to 273.1k in futures and by -42.3k to 335.6k in f.....

OIL PRICE MONITOR | September 28, 2012

September 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 | September 28, 2012

Baker Hughes

Baker Hughes shows 1,845 active rigs as of September 28, 2012, down -11 from a week ago. Oil rigs increased by +8 (ht: +10, vt-dir: -2) and total gas rigs decreased by -19 (ht: -17., vt-dir: -2). Horizontal oil rigs went up by +7 in “Other” regions and +3 in Anadarko (TX), while going down by -2 in Anadarko (OK). Vertical/directional oil rigs went up by +4 in Permian (TX) and went down -4 in “Other” regions. Horizontal gas rigs went down -5 to 61 and -4 in 28 in Eagle Ford (TX) and Marcellus.....

NORTH AMERICAN RIG WATCH | September 28, 2012

Schlumberger (Smith) STATS

STATS shows 1,806 active rigs as of September 28, 2012, down -17 rigs from a week ago. Oil rigs decreased by -15 (ht: +6, vt-dir: -21.) and total gas rigs decreased by -2 (ht: -9, vt-dir: +7). Horizontal oil rigs increased by +7 and +4 in Permian (NM) and Bakken (ND) to 42 and 201, respectively. Horizontal oil rig count decreased by -4 in Eagle Ford (TX) from its record high last week. Permian (TX) and “Other” both lost -8 Vertical/Directional oil rigs. Horizontal gas rigs decreased by -4 i.....

DOE CRUDE STATS | September 26, 2012

September 26, 2012

U.S. crude oil inventories declined by -2,446k bbl in the week ended September 21, while Cushing stocks decreased by -83k bbl. Distillate inventories decreased by -482k bbl and gasoline inventories fell by -481k 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.c.....

CFTC COT | September 21, 2012

Commitment of Traders Report - September 21, 2012

Please find attached data and charts detailing the latest CFTC Commitments of Traders Report for the week ended September 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 September 18. Non-commercial net length in WTI is at the highest level since March 13 .....

OIL PRICE MONITOR | September 21, 2012

September 21, 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 | September 21, 2012

Baker Hughes

Baker Hughes shows 1,856 active rigs as of September 21, 2012, down -5 from a week ago. Oil rigs went down by -11 (ht: +9, vt-dir: -20) and total gas rigs went up by +6 (ht: +7., vt-dir: -1). Horizontal oil rigs went up by +6 in Permian (TX) and +3 in Bakken (MT), while going down by -2 in Bakken (ND). Vertical/directional oil rigs went down by -12 in Permian (TX) and -6 in Monterey (CA). Horizontal gas rigs went up +5 in “Other” region and went up +3 each in Barnett (TX) and Marcellus ( NE.....

NORTH AMERICAN RIG WATCH | September 21, 2012

Schlumberger (Smith) STATS

STATS shows 1,823 active rigs as of September 21, 2012, down -7 rigs from a week ago. Oil rigs decreased by -1 (ht: -1, vt-dir: unch.) and total gas rigs decreased by -6 (ht: +1, vt-dir: -7). Eagle Ford (TX) recorded its highest horizontal oil rig count this week, (up +9 to 204). Six horizontal oil rigs moved from Anadarko (OK) to Anadarko (TX) ending the week at 110 and 26, respectively. Horizontal oil rigs went down by -5 in “Other” Texas. Horizontal gas rig counts went down by -3 in Eag.....

DOE CRUDE STATS | September 19, 2012

September 19, 2012

U.S. crude oil inventories surged by +8,534k bbl in the week ended September 14, while Cushing stocks decreased by -274k bbl. Distillate inventories decreased by -322k bbl and gasoline inventories dropped by -1,407k 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-resear.....