CFTC COT | September 01, 2014

Commitments of Traders Report – September 01, 2014

Please find attached data and charts detailing the latest CFTC Commitments of Traders Report for the week ended August 26. We provide all Legacy and Disaggregated trader positions for natural gas, WTI , Brent, gasoline and heating oil. Non-commercials increased net length in natural gas and Brent , but decreased in heating oil, gasoline and WTI during the reference week. Non-commercials net length in natural gas rose by +13.0k to +149.4k in futures and grew by +5.9k to +246.6k in futu.....

NORTH AMERICAN RIG WATCH | August 29, 2014

August 29, 2014

Baker Hughes shows 1,913 active rigs as of August 29, 2014, higher by +19 from the previous week. Oil rigs increased by +11 to 1,575 (ht: +3; vt-dir: +8) while gas-directed rigs increased by +8 to 338 (ht: +6; vt-dir: +2). Horizontal oil rigs increased by +3 to 70 in the Permian (NM) and vertical/directional oil rigs increased by +5 to 201 in the Permian (TX). Gas-directed horizontal rigs increased by +3 to 28 in Marcellus ( SWPA ).

NGL MARKET RECAP | August 27, 2014

August 27, 2014

Propane: US propane inventories increased by +1.9m bbl to 74.7m bbl for the week ended August 22, 2014. PADD 3 inventories increased +3%, or +1.0m bbl, to 41.0m bbl. PADD 2 stocks increased +3% or by +642k bbl to 25.1m bbl. In PADD 1, stocks increased +2% or +104k bbl to 5.7m bbl. Implied demand increased +25% to 985 kb/d; imports increased +14% to 66 kb/d and production rose +2% to 1.56 mb/d last week. In Focus: Lloyds Register on U.S. ethane market Lloyds Register published a repor.....

DOE CRUDE STATS | August 27, 2014

August 27, 2014

U.S. crude oil inventories declined by -2070k bbl in the week ended August 22, while Cushing stocks increased by +508k bbl. Distillate inventories grew by +1252k bbl and gasoline inventories decreased by -960k bbl. We also remind our clients that in-depth analysis of DOE weekly petroleum statistical releases can be conducted using the “Commodities Analytical Toolkit” in the Data Portal section of our website ( www.lcmc-research.com ). Major data points: Crude oil inventories : Declined.....

CFTC COT | August 25, 2014

Commitments of Traders Report – August 25, 2014

Please find attached data and charts detailing the latest CFTC Commitments of Traders Report for the week ended August 19. We provide all Legacy and Disaggregated trader positions for natural gas, WTI , Brent, gasoline and heating oil. Non-commercials increased net length in natural gas and heating oil , but decreased in Brent, gasoline and WTI during the reference week. Non-commercials net length in natural gas grew by +1.7k to +136.5k in futures and rose by +5.0k to +240.7k in futur.....

NORTH AMERICAN RIG WATCH | August 22, 2014

August 22, 2014

Baker Hughes shows 1,894 active rigs as of August 22, 2014, lower by -16 from the previous week. Oil rigs decreased by -25 to 1,564 (ht: -14; vt-dir: -11) while gas-directed rigs increased by +9 to 330 (ht: +7; vt-dir: +2). Horizontal oil rigs decreased by -2 to 233 and vertical/directional oil rigs decreased by -4 to 196 in the Permian (TX). Gas-directed horizontal rigs increased by +2 to 24 in Marcellus (WV)

NGL MARKET RECAP | August 20, 2014

August 20, 2014

Propane: US propane inventories increased by +2.5m bbl to 72.8m bbl for the week ended August 15, 2014. PADD 3 inventories increased +3%, or +1.2m bbl, to 39.9m bbl. PADD 2 stocks increased +4% or by +1.05m bbl to 24.5m bbl. In PADD 1, stocks increased +4% or +215k bbl to 5.6m bbl. Implied demand decreased -14% to 788 kb/d; imports decreased -50% to 58 kb/d while production rose +2% to 1.53 mb/d last week. In Focus: Expanded charts This week we have included our expanded charts, incl.....

DOE CRUDE STATS | August 20, 2014

August 20, 2014

U.S. crude oil inventories decreased by -4474k bbl in the week ended August 15, while Cushing stocks grew by +1755k bbl. Distillate inventories declined by -960k bbl and gasoline inventories increased by +585k bbl. We also remind our clients that in-depth analysis of DOE weekly petroleum statistical releases can be conducted using the “Commodities Analytical Toolkit” in the Data Portal section of our website ( www.lcmc-research.com ). Major data points: Crude oil inventories : Fell by .....

CFTC COT | August 18, 2014

Commitments of Traders Report – August 18, 2014

Please find attached data and charts detailing the latest CFTC Commitments of Traders Report for the week ended August 12. We provide all Legacy and Disaggregated trader positions for natural gas, WTI , Brent, gasoline and heating oil. Non-commercials increased net length in heating oil and gasoline , but decreased in natural gas, Brent and WTI during the reference week. Non-commercials net length in natural gas decreased by -5.8k to +134.8k in futures and declined by -9.5k to +235.7k.....

NORTH AMERICAN RIG WATCH | August 15, 2014

August 15, 2014

Baker Hughes shows 1,910 active rigs as of August 15, 2014, higher by +6 from the previous week. Oil rigs increased by +1 to 1,589 (ht: +7; vt-dir: -6) while gas-directed rigs increased by +5 to 321 (ht: +5; vt-dir: +0). Horizontal oil rigs increased by +4 to 199 in the Eagle Ford (TX) and vertical/directional oil rigs decreased by -7 to 200 in the Permian (TX). Gas-directed horizontal rigs increased by +2 to 22 in Marcellus (WV).