CFTC COT
| January 21, 2011
January 21, 2011
Please find attached data and charts detailing the latest CFTC Commitments of Traders Report for the week ending January 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. Though noncommercial net length was little changed across the petroleum complex, noncommercial traders became increasingly short natural gas for the second week in a row. Afte.....
DOE CRUDE STATS
| January 20, 2011
Gasoline yields bounce back
Gasoline yields bounce back This week’s stats present a mixed bag for WTI . The headline Cushing draw should help alleviate some concern of a storage buildup ahead of the PADD II maintenance season. But this week’s imports into the region touched 1.47 mb/d – despite lost production from CNR’s Horizon Oil Sands project – which should stoke fears that the buildup of crude inventories in Canada is working its way down into the region. Meanwhile, the EIA issued yet another set of relatively w.....
CFTC COT
| January 14, 2011
January 14, 2011
Please find attached data and charts detailing the latest CFTC Commitments of Traders Report for the week ending January 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. The big story on the week revolved around natural gas. Although index investors withdrew -$1.26 billion from energy markets (and -$5.4 billion from commodity markets), natural.....
DOE CRUDE STATS
| January 12, 2011
Mogas, mo problems
DOE CRUDE STATS Mogas, mo problems The first week of 2011 opened the year with some tepid apparent demand estimates along with a sizeable gasoline inventory build that again casts doubts on the very strong gasoline demand estimates that closed out 2010. Total product supplied (apparent demand) dropped 100 kb/d w-o-w to 19 mb/d, largely due to a 170 kb/d decline in distillate demand. This week’s severe winter weather snarled travel yet again, so the string of weak demand data is likely to.....
CFTC COT
| January 07, 2011
January 07, 2011
Please find attached data and charts detailing the latest CFTC Commitments of Traders Report for the week ending January 4. 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-commercials boosted their net length sharply in the natural gas market this week. The non-commercial net short position flipped to a net long position of 10.2k in futures a.....
DOE CRUDE STATS
| January 05, 2011
A Wintry Mix
DOE CRUDE STATS A wintry mix The winter blast to close out 2010 left its mark on the petroleum complex during the week. As expected, apparent demand (product supplied) for all transportation fuels plunged as the blizzard tied up air and ground travel across the northeast for several days. Apparent gasoline demand dropped 0.55 mb/d from its recent heights to 8.85 mb/d while distillate demand fell 0.26 mb/d to 3.74 mb/d. Given the weather disruption, it’s hard to read much into the apparen.....
CFTC COT
| January 03, 2011
January 03, 2011
Please find attached data and charts detailing the latest CFTC Commitments of Traders Report for the week ending December 28. 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 rose in WTI to reach a record high again this week (since the CFTC started releasing disaggregated data in January), while it declined slightly .....
DOE CRUDE STATS
| December 30, 2010
Is the gasoline demand surge real?
DOE CRUDE STATS Is the gasoline demand surge real? Apparent gasoline demand (product supplied) has registered an impressive four weeks. Demand gained 190 kb/d on the week, reaching 9.4 mb/d – a level roughly on par with mid-August. But even though refiners dialed back gasoline output by 176 kb/d, four-week average gasoline production has reached 9.37 mb/d. This represents the highest gasoline output in US history apart from the record levels established this summer. Major data points: .....
CFTC COT
| December 27, 2010
December 27, 2010
Please find attached data and charts detailing the latest CFTC Commitments of Traders Report for the week ending December 21. 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 rose slightly across the petroleum complex this week, reaching a record high in WTI (since the CFTC started releasing disaggregated data in Janu.....
DOE CRUDE STATS
| December 22, 2010
December 22, 2010
DOE CRUDE STATS 12/17/10 12/10/10 w.o.w. Bloomberg Median US crude inventories 340.7 346 (5.33) (3.40) Cushing crude inventories 36.4 35.9 0.48 US gasoline inventories 217.2 214.8 2.4 1.50 US distillate inventories 160.7 161.3 (0.6) 0.00 US refinery input 14,926 14,974 (48) US crude imports 8,741 7,690 1051 Please see attached PDF file for detailed stats and charts. There will be no commentary today.