OIL PRICE MONITOR
| October 28, 2011
October 28, 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
| October 28, 2011
Schlumberger (Smith) STATS
STATS shows 1,855 active rigs as of October 28, 2011, up +2 rigs from a week ago. Oil rigs rose by +11 (ht: +8, vt-dir: +3) and gas rigs fell by -9 (ht: +1, vt-dir: -10).
DOE CRUDE STATS
| October 26, 2011
October 26, 2011
October 26, 2011 Cushing stocks built +419k bbl on the week, pulling the price of front-month WTI lower by approximately $1/bbl in the first 15 minutes of trading after the report. The number countered the expectation of a draw in Cushing that had emerged following Monday’s release of satellite-based data, which had contributed to the switch in the WTI futures curve from contango to backwardation.
CFTC COT
| October 21, 2011
Commitment of Traders Report - October 21, 2011
Please find attached data and charts detailing the latest CFTC Commitments of Traders Report for the week ended October 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. The week ended October 18 experienced an increase in non-commercial net length across the petroleum complex (for the second consecutive week). Non-commercials expanded net leng.....
OIL PRICE MONITOR
| October 21, 2011
October 21, 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
| October 21, 2011
Schlumberger (Smith) STATS
STATS shows 1,853 active rigs as of October 21, 2011, down -7 rigs from a week ago. Oil rigs rose by +9 (ht: +14, vt-dir: -5) and gas rigs rose by -16 (ht: -22, vt-dir: +6).
DOE CRUDE STATS
| October 19, 2011
October 19, 2011
October 19, 2011 Crude stocks declined by -4.7m bbl on the week, against the Bloomberg median expectation of +2.0m bbl. Cushing stocks gained for the second consecutive week, adding +0.47m bbl. Gasoline and distillate stocks both posted declines of -3.3m bbl and -4.3m bbl, respectively. Refinery runs dropped by -134 kb/d, led by a decline in PADD III .
CFTC COT
| October 14, 2011
Commitment of Traders Report - October 14, 2011
Please find attached data and charts detailing the latest CFTC Commitments of Traders Report for the week ended October 11. 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 registered an uptick across the petroleum complex during the week ended October 11. Non-commercial net length increased by 17.3 to 173.5k in futures, .....
OIL PRICE MONITOR
| October 14, 2011
October 14, 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
| October 14, 2011
Schlumberger (Smith) STATS
STATS shows 1,860 active rigs as of October 14, 2011, up +9 rigs from a week ago. Oil rigs rose by +4 (ht: +1, vt-dir: +3) and gas rigs rose by +5 (ht: +8, vt-dir: -3).