CFTC COT | June 07, 2013

Commitment of Traders Report - June 7, 2013

Please find attached data and charts detailing the latest CFTC Commitments of Traders Report for the week ended June 4, 2013. 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 decreased net length in WTI , heating oil and natural gas, but increased net length in gasoline (futures and options) during the reference week. Non-commerci.....


NORTH AMERICAN RIG WATCH | June 07, 2013

June 7, 2013

Baker Hughes shows 1,760 active rigs as of June 7, 2013, lower by -4 from the previous week. Oil rigs decreased by -4 to 1,406 (ht: -2; vt-dir: -2) while gas-directed rigs were unchanged at 354 (ht: +1; vt-dir: -1). Horizontal oil rigs fell by -5 in the Anadarko (OK) to 102, but increased by +2 to 160 in the Bakken (ND). Gas-directed horizontal rigs decreased by -5 to 23 in the Eagle Ford (TX) but increased by +4 to 20 and 7 in both Texas and Ohio, respectively, in areas not yet identified with .....


EIA NG STORAGE REPORT | June 06, 2013

June 6, 2013

Please note that the error in previous year’s Canadian storage balances has now been fixed. EIA reported a +111 bcf injection for the week ending May 31 (Bloomberg median +100 bcf, Bloomberg Whisper +102). The 28 estimates submitted to Bloomberg varied from +80 bcf to +110 bcf with a standard deviation of 6 bcf. Our model showed +103 bcf. Nationwide HDDs increased to 34, up by +17 week on week. Nationwide cooling degree days reported by NOAA were down by -6 to 31 CDDs. Total US: +111 b.....


CFTC COT | May 31, 2013

Commitment of Traders Report - May 31, 2013

Please find attached data and charts detailing the latest CFTC Commitments of Traders Report for the week ended May 28, 2013. 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 decreased net length in WTI and gasoline, but increased net length in heating oil and natural gas (futures and options) during the reference week. Non-com.....


NORTH AMERICAN RIG WATCH | May 31, 2013

May 31, 2013

Baker Hughes shows 1,764 active rigs as of May 31, 2013, higher by +8 from the previous week. Oil rigs increased by +8 to 1,410 (ht: +10; vt-dir: -2) while gas-directed rigs were unchanged at 354 (ht: -8; vt-dir: +8). Horizontal oil rigs fell by -3 in the Eagle Ford (TX) to 176, but increased by +4 to 158 in the Bakken (ND). Gas-directed horizontal rigs increased by +2 to 18 in the Haynesville (TX) but decreased by -3 to 18 in the Marcellus ( NEPA ).


EIA NG STORAGE REPORT | May 30, 2013

May 30, 2013

EIA reported an +88 bcf injection for the week ending May 24 (Bloomberg median +86 bcf, Bloomberg Whisper +86). The 28 estimates submitted to Bloomberg varied from +80 bcf to +100 bcf with a standard deviation of 4 bcf. Our model showed +86 bcf. Nationwide HDDs decreased to 17, down by -23 week on week. Nationwide cooling degree days reported by NOAA were up by +16 to 37 CDDs. Total US: +88 bcf ( LCMC : +86 bcf; Bloomberg median: +86 bcf) East: +53 bcf West: +12 bcf Producing: +23 bcf (.....


CFTC COT | May 24, 2013

Commitment of Traders Report - May 22, 2013

Please find attached data and charts detailing the latest CFTC Commitments of Traders Report for the week ended May 21, 2013. 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 increased net length in WTI , gasoline and natural gas (futures and options), but decreased net length in heating oil during the reference week. Non-commerci.....


NORTH AMERICAN RIG WATCH | May 24, 2013

May 24, 2013

Baker Hughes shows 1,756 active rigs as of May 24, 2013, lower by -6 for the week. Oil rigs decreased by -6 to 1,402 (ht: -6; vt-dir: unchanged) while gas-directed rigs were unchanged at 354 (ht: -3; vt-dir: +3). Horizontal oil rigs fell by -9 in the Eagle Ford (TX) to 179 and by -4 in the Anadarko (OK) to 106, but increased by +4 to 110 in the Permian (TX), which is a continuation of last weeks’ trend. Gas-directed rigs were little changed.


EIA NG STORAGE REPORT | May 23, 2013

May 23, 2013

EIA reported a +89 bcf injection for the week ending May 17 (Bloomberg median +92 bcf, Bloomberg Whisper +91). The 26 estimates submitted to Bloomberg varied from +85 bcf to +101 bcf with a standard deviation of 4 bcf. Our model showed +86 bcf. Nationwide HDDs decreased to 40, down by -9 week on week. Nationwide cooling degree days reported by NOAA were up by +13 to 21 CDDs. Total US: +89 bcf ( LCMC : +86 bcf; Bloomberg median: +92 bcf) East: +46 bcf West: +11 bcf Producing: +32 bcf (Sa.....


CFTC COT | May 17, 2013

Commitment of Traders Report - May 17, 2013

Please find attached data and charts detailing the latest CFTC Commitments of Traders Report for the week ended May 14, 2013. 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 decreased net length in WTI (futures and options), heating oil and natural gas, but increased net length in gasoline during the reference week. Non-commerci.....