CFTC COT | July 02, 2010

July 02, 2010

Please find attached stats and charts detailing the latest CFTC report’s data regarding non-commercial and money manager positions in WTI , natural gas, heating oil, and RBOB . Non-commercial net longs in WTI declined 11.5k in futures only and 14.8k in futures and options combined, as traders reduced long positions while increasing shorts (aggregating futures and swaps). At 129k (fut, swaps, and options), the non-commercial net long position is at its lowest point since Sep09. Non-commer.....

DOE CRUDE STATS | June 30, 2010

Another gasoline rope-a-dope?

DOE CRUDE STATS June 30, 2010 Another gasoline rope-a-dope? Gasoline demand is showing its first glimmers of life since the spring. With US consumer expenditures reaching record highs, this could be a signal of spending finally filtering through to the gasoline market. But such proclamations were prevalent in the spring, when strong weekly data belied weak underlying fundamentals. And as yesterday’s DOE monthly data release for Apr10 reiterated, skeptics were correct to be wary of th.....

CFTC COT | June 25, 2010

June 25, 2010

Please find attached stats and charts detailing non-commercial net long positions for WTI , natural gas, heating oil, and RBOB as indicated by the CFTC’s Commitments of Traders report. Net longs in WTI fell -2.4k in futures only to 86k and -18k to 152k in futures and options combined ( NYMEX futures, NYMEX swaps, and ICE swaps), with slightly larger declines among money managers. Net length in natural gas declined as well, falling by 9.4k to 130k in futures and options combined ( NYM.....

DOE CRUDE STATS | June 23, 2010

Refiner restraint vs. weak gasoline demand

DOE CRUDE STATS June 23, 2010 Refiner restraint vs. weak gasoline demand This week’s stats continue to indicate very weak gasoline demand along with distillate demand that continues to reflect economic recovery. Refiners have responded to relatively stronger distillate margins by boosting distillate output while dialing back on gasoline production, somewhat mitigating the gasoline inventory glut. But in lending a modicum of support to gasoline prices, refiners are also undermining the .....

CFTC COT | June 18, 2010

June 18, 2010

Please find attached a summary detailing the latest CFTC Commitments of Traders Report. The PDF file includes stats and graphs regarding non-commercial net length for WTI crude oil, natural gas, RBOB , and heating oil for the week ending June 15. In WTI , non-commercial net length increased by 28.8k contracts to 88.4k in futures only and by 24.8k to 170.8k in futures and options combined (summing NYMEX futures and swaps with ICE swaps). Looking to the disaggregated data, money mana.....

DOE CRUDE STATS | June 16, 2010

Mixed signals for product markets

DOE CRUDE STATS June 16, 2010 Mixed signals for product markets In this week’s DOE stats, inventory numbers and apparent demand numbers seem to be whispering different messages to product markets. While the gasoline inventory surplus declined slightly, apparent demand numbers remain historically very weak. Meanwhile, commercial distillate storage continues to surge but apparent distillate demand remains well ahead of year-ago levels and even within shouting distance of pre-recession .....

CFTC COT | June 11, 2010

June 11, 2010

Please find attached stats and charts detailing non-commercial positions in WTI , natural gas, heating oil, and RBOB , as indicated by this week’s CFTC Commitments of Traders report. The last page also summarizes inflows and outflows from commodity index funds. Non-commercial net long WTI positions dropped 12k to 60k in futures only, but fell only marginally by 3.5k to 146k in futures and options combined (aggregating NYMEX futures and swaps with ICE swaps). Money manager net longs i.....

DOE CRUDE STATS | June 09, 2010

June 09, 2010

DOE CRUDE STATS Crude oil inventories : Drew 1.83m bbl, vs. expectations of a 900k bbl draw. With a 1.87m bbl build in PADD V (West Coast), inventories east of the Rockies drew a big 3.7m bbl due to a 4.66m bbl draw in PADD III (Gulf Coast). Cushing storage fell by 473k bbl while broader PADD II (Midcontinent) inventories ticked up marginally. Gasoline inventories: Drew just 8k bbl vs. expectations of a 500k bbl draw. Distillate inventories: Built 1.8m bbl, well above the exp.....

CFTC COT | June 04, 2010

June 04, 2010

There was an error in “ WTI crude Non-commercial table” in the last report. Attached is the correct report. Sorry for any inconvenience! Please find attached stats and graphs detailing the latest CFTC Commitment of Traders report for WTI , natural gas, RBOB , and heating oil. There will be no commentary today. Regards,

DOE CRUDE STATS | June 03, 2010

June 03, 2010

DOE CRUDE STATS Attached please find today’s weekly DOE Petroleum Statistics. There will be no summary today.