DOE CRUDE STATS | May 09, 2012

May 9, 2012

U.S. crude oil inventories increased by +3,652k bbl in the week ended May 4, while Cushing stocks built +1,163k bbl. Distillate inventories drew -3,251k bbl and gasoline inventories dropped by -2,613k bbl. Please find attached this week’s detailed statistical report. Major data points: Crude oil inventories : Built +3.65m bbl (vs. the API estimate of +7.8m bbl), driven by an increase in PADD II of +1.89m bbl that offset a draw of -0.31m bbl in PADD I. Stocks in Cushing rose by +1.16m.....

CFTC COT | May 04, 2012

Commitment of Traders Report - May 1, 2012

Please find attached data and charts detailing the latest CFTC Commitments of Traders Report for the week ended May 1. 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 May 1, non-commercial net length in WTI climbed at the sharpest pace since February 28 while the price of WTI moved up 3% from April 24 to reach $106.16 on.....

OIL PRICE MONITOR | May 04, 2012

May 4, 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 | May 04, 2012

Baker Hughes

Baker Hughes shows 1,961 active rigs as of May 4, 2012, up +20 from a week ago. Oil rigs went up by +27 (ht: +21, vt-dir: +6) and total gas rigs went down by -7 (ht: -2, vt-dir: -5). Horizontal oil rigs went up by +7 in Anadarko (TX) and by +2 in Bakken (ND) and Permian (NM), while vertical/directional oil rigs went up by +3 in Permian (TX) and by +3 in Permian (NM). Horizontal gas rigs went down by -2 in Eagle Ford (TX) and Woodford (Anadarko).

NORTH AMERICAN RIG WATCH | May 04, 2012

Schlumberger (Smith) STATS

STATS shows 1,870 active rigs as of May 4, 2012, down -29 rigs from a week ago. Oil rigs went down by -19 (ht: -9, vt-dir: -10) and total gas rigs went down by -10 (ht: -8, vt-dir: -2). Horizontal oil rigs went down by -10 in Bakken (ND) and by -8 in Eagle Ford (TX), while going up by +8 in Anadarko (OK). Vertical/Directional oil rigs went down by -4 in Anadarko (OK) and Monterey (CA). Horizontal gas rigs went down by -6 in Granite Wash (OK) and by -2 in Granite Wash (TX).

DOE CRUDE STATS | May 02, 2012

May 2, 2012

U.S. crude oil inventories increased by +2,840k bbl in the week ended April 27, while Cushing stocks built +1,213k bbl. Distillate inventories drew -1,903k bbl and gasoline inventories dropped by -2,009k bbl. Please find attached this week’s detailed statistical report. Major data points: Crude oil inventories : Built +2.84m bbl (vs. the API estimate of -2.0m bbl), driven by an increase in PADD III of +1.56m bbl that offset a draw of -0.28m bbl in PADD I. Stocks in Cushing rose by .....

CFTC COT | April 27, 2012

Commitment of Traders Report - April 27, 2012

Please find attached data and charts detailing the latest CFTC Commitments of Traders Report for the week ended April 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 in WTI rose for the second consecutive week during the week ended April 24. Non-commercials expanded net length in WTI by 11.9k to 261.9k in futures.....

OIL PRICE MONITOR | April 27, 2012

April 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 | April 27, 2012

Baker Hughes

Baker Hughes shows 1,941 active rigs as of April 27, 2012, down -27 from a week ago. Oil rigs went down by -9 (ht: -7, vt-dir: -2) and total gas rigs went down by -18 (ht: -9, vt-dir: -9). Horizontal oil rigs went up by +3 in Bakken (ND) and by +2 in Eagle Ford (TX), while going down by -7 in Anadarko (TX) and by -2 in Monterey (CA). Vertical/Directional oil rigs went up by +13 in Permian (TX), while going down by -2 in Anadarko (OK), Bakken (ND) and Monterey (CA). Horizontal gas rigs went dow.....

NORTH AMERICAN RIG WATCH | April 27, 2012

Schlumberger (Smith) STATS

STATS shows 1,899 active rigs as of April 27, 2012, up +2 rigs from a week ago. Oil rigs went up by +7 (ht: +8, vt-dir: -1) and total gas rigs went down by -5 (ht: -1, vt-dir: -4). Horizontal oil rigs went up by +8 in Eagle Ford (TX), while falling by -2 in Anadarko (TX) and by -2 in Permian (TX). Horizontal gas rigs went up by +5 in Granite Wash (TX), followed by +3 in Marcellus ( SWPA ) and +2 in Marcellus ( NEPA ). Horizontal gas rigs fell by -3 in Woodford (Anadarko) and by -2 in Eagle Fo.....