OIL PRICE MONITOR
| September 30, 2011
September 30, 2011
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
| September 30, 2011
Schlumberger (Smith) STATS
STATS shows 1,833 active rigs as of September 30, 2011, up +3 rigs from a week ago. Oil rigs fell by -8 (ht: -2, vt-dir: -6) and gas rigs were up by +11 (ht: +7, vt-dir: +4).
DOE CRUDE STATS
| September 28, 2011
September 28, 2011
September 28, 2011 Crude imports into the U.S. posted their largest single-week gain since September 2008, jumping a whopping 1.35 mb/d to 9.70 mb/d. The ending of the SPR release and weather-related disruptions appears largely responsible for the rebound in imports. U.S. crude stocks showed only a +1.9m bbl gain, but the stock build arrests the -18m bbl draw of the prior three weeks. Still, the y-o-y disparity between crude stock levels remains more than 16m bbl, as storage is near-even wit.....
CFTC COT
| September 23, 2011
Commitment of Traders Report - September 23, 2011
Please find attached data and charts detailing the latest CFTC Commitments of Traders Report for the week ended September 20. 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. Please note that today’s report does not include any data from Thursday, and therefore does not reflect the selloff. Non-commercial net length decreased in WTI and gasoline.....
OIL PRICE MONITOR
| September 23, 2011
September 23, 2011
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
| September 23, 2011
Schlumberger (Smith) STATS
STATS shows 1,830 active rigs as of September 23, 2011, up +13 rigs from a week ago. Oil rigs were up by +3 (ht: -5, vt-dir: +8) and gas rigs were up by +10 (ht: +2, vt-dir: +8).
DOE CRUDE STATS
| September 21, 2011
September 21, 2011
September 21, 2011 U.S. commercial crude inventories posted a sizeable draw this week, declining -7.34m bbl to 339.0m bbl. The string of crude draws over the last three weeks have sent stocks 18.0m bbl lower to a level not seen since last January. Nearly the entire last three weeks’ draw has occurred in PADD III , where storage has fallen a sharp -17.4m bbl. All planned SPR volumes appear to have been delivered as of the reference week ended September 9. Crude runs increased 283 kb/d w-o-.....
CFTC COT
| September 16, 2011
Commitment of Traders Report - September 16, 2011
Please find attached data and charts detailing the latest CFTC Commitments of Traders Report for the week ended September 13. 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. It was another mixed but moderate week for the petroleum complex during the week ended September 13, with non-commercial net length registering a small increase in WTI and .....
OIL PRICE MONITOR
| September 16, 2011
September 16, 2011
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
| September 16, 2011
Schlumberger (Smith) STATS
STATS shows 1,817 active rigs as of September 16, 2011, up +19 rigs from a week ago. Oil rigs were up by +7 (ht: -6, vt-dir: +13) and gas rigs were up by +12 (ht: +7, vt-dir: +5).