NORTH AMERICAN RIG WATCH | September 06, 2024
September 06, 2024
Please find below the links to this week's detailed rig reports and a quick recap of the North American oil and gas drilling activity as reported by Baker Hughes. US: Baker Hughes shows 577 active rigs as of September 06, 2024, lower by -1 from the previous week. Oil rigs were unchanged at 483 (ht: +2; vt-dir: -2), and gas-directed rigs decreased by -1 to 94 (ht: -3; vt-dir: +2). Horizontal oil rigs increased by +3 in Permian (TX), while declining by -1 in Other areas not associated with a .....
DOE CRUDE STATS | September 06, 2024
September 06, 2024
Good morning, Please find below a recap of the DOE’s weekly crude stats and a link to our detailed tables. U.S. crude oil inventories decreased by -6873k bbl in the week ended August 30, while Cushing stocks fell by -1142k bbl. Distillate inventories declined by -371k bbl and gasoline inventories grew by +848k bbl. Major data points: Crude oil inventories: Decreased by -6.87m bbl (vs. the API estimate of -7.43m bbl). Stocks in Cushing fell by -1.14m bbl (vs. the API estimate of -0.80m bbl) and .....
NGL MARKET RECAP | September 05, 2024
September 05, 2024 [CORRECTION]
Dear , Correction: The charts for NGL prices, arbitrages, spreads, and ratios have been updated to include the latest data. Please find below the link to this week’s NGL Market Recap, which provides an overview of North American NGL statistics as well as global LPG prices, spreads/arbitrages and ratios.
CFTC COT | August 30, 2024
August 30, 2024
Please find below the links to data and charts detailing the latest CFTC Commitments of Traders Report for the week ended August 27. We provide all Legacy and Disaggregated trader positions for natural gas, WTI, Brent, gasoline, heating oil and gasoil. Non-commercials increased net length in Brent, gasoline and heating oil , but decreased in natural gas, WTI and gasoil during the reference week. Non-commercials net length in natural gas declined by -32.3k to -10.6k in futures and d.....
NORTH AMERICAN RIG WATCH | August 30, 2024
August 30, 2024
Please find below the links to this week's detailed rig reports and a quick recap of the North American oil and gas drilling activity as reported by Baker Hughes. US: Baker Hughes shows 578 active rigs as of August 30, 2024, lower by -2 from the previous week. Oil rigs were unchanged at 483 (ht: -1; vt-dir: +1), and gas-directed rigs decreased by -2 to 95 (ht: -2; vt-dir: unch). Horizontal oil rigs increased by +1 in Anadarko (OK), while declining by -1 in Permian (NM) and by -1 in Permian .....
NGL MARKET RECAP | August 28, 2024
August 28, 2024
Dear , Please find below the link to this week’s NGL Market Recap, which provides an overview of North American NGL statistics as well as global LPG prices, spreads/arbitrages and ratios.
DOE CRUDE STATS | August 28, 2024
August 28, 2024
Good morning, Please find below a recap of the DOE’s weekly crude stats and a link to our detailed tables. U.S. crude oil inventories decreased by -846k bbl in the week ended August 23, while Cushing stocks fell by -668k bbl. Distillate inventories rose by +275k bbl and gasoline inventories fell by -2203k bbl. Major data points: Crude oil inventories: Decreased by -0.85m bbl (vs. the API estimate of -3.40m bbl). Stocks in Cushing fell by -0.67m bbl (vs. the API estimate of -0.49m bbl) and now s.....
CFTC COT | August 23, 2024
August 23, 2024
Please find below the links to data and charts detailing the latest CFTC Commitments of Traders Report for the week ended August 20. We provide all Legacy and Disaggregated trader positions for natural gas, WTI, Brent, gasoline, heating oil and gasoil. Non-commercials increased net length in natural gas, gasoline and heating oil , but decreased in WTI, Brent and gasoil during the reference week. Non-commercials net length in natural gas grew by +13.9k to +21.8k in futures and rose .....
NORTH AMERICAN RIG WATCH | August 23, 2024
August 23, 2024
Please find below the links to this week's detailed rig reports and a quick recap of the North American oil and gas drilling activity as reported by Baker Hughes. US: Baker Hughes shows 580 active rigs as of August 23, 2024, lower by -1 from the previous week. Oil rigs were unchanged at 483 (ht: +2; vt-dir: -2), and gas-directed rigs decreased by -1 to 97 (ht: +1; vt-dir: -2). Horizontal oil rigs increased by +5 in Permian (TX) and by +4 in Other areas not associated with a specific play, w.....
NGL MARKET RECAP | August 21, 2024
August 21, 2024
Dear , Please find below the link to this week’s NGL Market Recap, which provides an overview of North American NGL statistics as well as global LPG prices, spreads/arbitrages and ratios.