OIL PRICE MONITOR
| August 19, 2011
August 19, 2011
Attached is this week’s Oil Price Monitor , which provides an overview of global oil price 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
| August 19, 2011
Schlumberger (Smith) STATS
STATS shows 1,786 active rigs as of August 19, 2011 compared to 1,800 a week ago. Oil rigs were down by -10, (ht: -5, vt-dir: -5), and gas rigs were down by -4 (ht: -6, vt-dir: +2). Statistical summary is attached.
DOE CRUDE STATS
| August 17, 2011
August 17, 2011
August 17, 2011 After a string of rather bleak readings this summer, US apparent product demand is beginning to show some signs of life. Total apparent product demand has jumped 688 kb/d to 19.44 mb/d (4wk avg) in the last three weeks, a healthy 3.7% bounce. A resurgence in apparent distillate demand has helped drive the upturn, with 4wk avg demand rising 257 kb/d (or 7.4%) over the last three weeks. A similarly promising story has played out in finished motor gasoline, which has rebounded 98 .....
CFTC COT
| August 12, 2011
Commitment of Traders Report - August 12, 2011
Please find attached data and charts detailing the latest CFTC Commitments of Traders Report for the week ended August 9. 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. This week’s data reflects the recent sell-off in global markets across the petroleum complex, natural gas and index investment in commodities. Non-commercial net length in the pe.....
OIL PRICE MONITOR
| August 12, 2011
August 12, 2011
Attached is this week’s LCMC Oil Price Monitor , which provides an overview of global oil price 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
| August 12, 2011
Schlumberger (Smith) STATS
STATS shows 1,800 active rigs as of August 12, 2011, compared to 1,779 a week ago. Oil rigs were up by 12 (ht: +1, vt-dir: +11), and gas rigs were up by 9 (ht: +6, vt-dir: +3). Statistical summary is attached.
DOE CRUDE STATS
| August 10, 2011
August 10, 2011
August 10, 2011 Despite the release of a further 2.5m bbl of crude from the SPR , crude stocks drew a sizeable -5.2m bbl this week, with Cushing stocks down -1.4m bbl to 34.6m bbl. Cushing’s strong summertime draw owes much to near record-setting PADD II refining activity, which is pushing through crude at a rate not sustained since the summer of 2000. Meanwhile, although the weekly EIA data suggest that imports into PADD II are running at an all-time high, the picture is more complex t.....
CFTC COT
| August 05, 2011
Commitment of Traders Report - August 5, 2011
Please find attached data and charts detailing the latest CFTC Commitments of Traders Report for the week ended August 2. 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 declined across the petroleum complex during week ended August 2. We suspect that it was on account of the sell-off in global markets that started at th.....
OIL PRICE MONITOR
| August 05, 2011
August 05, 2011
Attached is this week’s LCMC Oil Price Monitor, which provides an overview of global oil price 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
| August 05, 2011
Schlumberger (Smith) STATS - NEW Report!
Dear clients, We are delighted to introduce our new report “U.S. Rig Watch – Schlumberger (Smith) STATS .” This new report contains oil and gas rigs broken by type (horizontal and vertical/directional), by target (oil and gas), and by formation/state in an easy-to-follow layout. U.S. Rig Watch will be published Fridays shortly after source data becomes available. Please do not hesitate to contact us at info@lcmc-research.com if you require any additional information or would like to prov.....