NORTH AMERICAN RIG WATCH | February 03, 2012

Schlumberger (Smith) Rigs

STATS shows 1,840 active rigs as of February 3, 2012, up +16 rigs from a week ago. Oil rigs went up by +30 (ht: +25, vt-dir: +5) and total gas rigs fell by -14 (ht: -7, vt-dir: -7).


DOE CRUDE STATS | February 01, 2012

February 1, 2012

U.S. crude oil inventories increased by +4,175k bbl in the week ending January 27, while Cushing stocks built +1,476k bbl. Distillate inventories declined by -135k bbl and gasoline inventories rose by +3,017k bbl.


CFTC COT | January 27, 2012

Commitment of Traders Report - January 27, 2012

Please find attached data and charts detailing the latest CFTC Commitments of Traders Report for the week ended January 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. Non-commercial net length climbed in WTI (for the fifth consecutive week) during the week ended January 24 to reach the highest level since June 14 last year when the price o.....


OIL PRICE MONITOR | January 27, 2012

January 27, 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, and weekly DOE EIA data.


NORTH AMERICAN RIG WATCH | January 27, 2012

January 27, 2012

STATS shows 1,824 active rigs as of January 27, 2012, down -44 rigs from a week ago. Oil rigs went up by +3 (ht: +3, vt-dir: unch) and total gas rigs fell by -47 (ht: -38, vt-dir: -9). The plans to cut back in natural gas drilling and to focus in liquid rich plays as outlined by the producers in their earnings calls recently, seem to be taking hold. The drop in horizontal gas rigs was led by the Granite Wash basin in Oklahoma with -17 less rigs, which were moved to oil and liquids rich play.....


DOE CRUDE STATS | January 25, 2012

January 25, 2012

U.S. crude oil inventories increased by +3,558k bbl in the week ending January 20, while Cushing stocks built +374k bbl. Distillate inventories declined by -2,456k bbl and gasoline inventories drew -390k bbl.


CFTC COT | January 20, 2012

Commitment of Traders Report - January 20, 2012

As we noted last week, the annual rebalancing of the S&P GSCI and Dow Jones- UBS Commodity indexes occurred from January 9 to 13. The rebalancing is reflected in last week’s (January 13) and today’s report. Please find attached data and charts detailing the latest CFTC Commitments of Traders Report for the week ended January 17. 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 , natura.....


OIL PRICE MONITOR | January 20, 2012

January 20, 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, and weekly DOE EIA data.


NORTH AMERICAN RIG WATCH | January 20, 2012

January 20, 2012

STATS shows 1,868 active rigs as of January 20, 2012, up +25 rigs from a week ago. Oil rigs fell by -6 (ht: -9, vt-dir: +3) and total gas rigs rose by +31 (ht: +15, vt-dir: +16). The increase in horizontal rigs was lead by Eagle Ford (+4) and Marcellus SW (+3), while Haynesville in LA saw the biggest drop by -3 rigs. The increase in the vertical/directional rigs was led by Louisiana (+15) with a concentration in the Tuscaloosa Marine Shale area (+7) and Cameron Parish (+4) located in the Sou.....


DOE CRUDE STATS | January 19, 2012

January 19, 2011

U.S. crude oil inventories declined by -3,438k bbl in the week ending January 13, while Cushing stocks drew -832k bbl. Distillate inventories increased by +438k bbl and gasoline inventories posted a gain of +3,717k bbl.