CFTC COT
| December 28, 2012
Commitment of Traders Report - December 28, 2012
Please find attached data and charts detailing the latest CFTC Commitments of Traders Report for the week ended December 25 (data as of December 24). 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. During the week ended December 25, non-commercials increased net length across the petroleum complex for the second consecutive week. Non-commercial n.....
EIA NG STORAGE REPORT
| December 28, 2012
December 28, 2012
EIA reported a -72 bcf withdrawal for the week ending December 21 (Bloomberg median -72 bcf). The 21 estimates submitted to Bloomberg varied from -87 bcf to -67 bcf with a standard deviation of 6 bcf. Our model showed -76 bcf. Nationwide HDDs remained flat at 160 week on week. Nationwide cooling degree days reported by NOAA also remained unchanged at 3 CDDs. Total US: -72 bcf ( LCMC : -76 bcf; Bloomberg median: -72 bcf) East: -42 bcf West: -18 bcf Producing: -12 bcf While the number of.....
NORTH AMERICAN RIG WATCH
| December 28, 2012
December 28, 2012
STATS shows 1,672 active rigs as of December 28, 2012, down -36 from the previous week. Oil rigs decreased by -40 to 1,280 (ht: -22, vt-dir: -18) and total gas rigs increased by +4 to 392 (ht: +3, vt-dir: +1). Twelve oil rigs pulled out of the Oklahoma portion of the Anadarko basin (ht: -9, vt-dir: -3) and horizontal rigs operating in the Eagle Ford fell by -6. Horizontal gas rigs in the Eagle Ford and Marcellus ( NEPA ) increased by +2 and +1, respectively. Baker Hughes shows 1,758 active ri.....
NORTH AMERICAN RIG WATCH
| December 21, 2012
December 21, 2012
STATS shows 1,708 active rigs as of December 21, 2012, up +3 from the previous week. Oil rigs increased by +3 to 1,320 (ht: +13, vt-dir: -10) and total gas rigs were unchanged, although rig types shifted (ht: +6, vt-dir: -6). Horizontal oil rigs increased by +6 in the Eagle Ford (TX) and by +4 in the Permian (TX). STATS shows +2 horizontal gas rigs were added in the Northeast and +3 rigs in the Southwest portions of the Marcellus (PA). Baker Hughes shows 1,769 active rigs as of December 21,.....
CFTC COT
| December 21, 2012
Commitment of Traders Report - December 21, 2012
Please find attached data and charts detailing the latest CFTC Commitments of Traders Report for the week ended December 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. Non-commercial net length expanded across the petroleum complex during the week ended December 18. Non-commercials increased WTI net length by +14.1k to 241.5k in futures an.....
EIA NG STORAGE REPORT
| December 20, 2012
December 20, 2012
EIA reported a -82 bcf withdrawal for the week ending December 14 (Bloomberg median -75 bcf, Bloomberg Whisper -76 bcf). The 21 estimates submitted to Bloomberg varied from -82 bcf to -57 bcf with a standard deviation of 6 bcf. Our model showed -74 bcf. Nationwide HDDs jumped to 160 from 114 in the prior week. Nationwide cooling degree days reported by NOAA dropped to 3 CDDs from 4 CDDs the prior week. Total US: -82 bcf ( LCMC : -74 bcf; Bloomberg median: -75 bcf) East: -49 bcf West: -9 .....
CFTC COT
| December 14, 2012
Commitment of Traders Report - December 14, 2012
Please find attached data and charts detailing the latest CFTC Commitments of Traders Report for the week ended December 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. Non-commercial net length declined across the petroleum complex during the week ended December 11. Non-commercials cut WTI net length to the lowest level since August 14 thi.....
NORTH AMERICAN RIG WATCH
| December 14, 2012
December 14, 2012
STATS shows 1,705 active rigs as of December 14, 2012, down -26 rigs from a week ago. Oil rigs decreased by -24 (ht: -29, vt-dir: +5.) and total gas rigs decreased by -2 (ht: unch, vt-dir: -2). Horizontal oil rigs decreased by -12 in Eagle Ford (TX) and by -7 in Permian (NM). On the gas side, horizontal rigs in Eagle Ford (TX) dropped by -4. Vertical/Directional oil rigs increased by +3 in Bakken (ND) and Permian (TX) while Marcellus ( SWPA ) vertical/directional gas rigs dropped by -3. Bak.....
EIA NG STORAGE REPORT
| December 13, 2012
December 13, 2012
EIA reported a +2 bcf injection for the week ending December 7 (Bloomberg median -3 bcf, Bloomberg Whisper -1 bcf). The 21 estimates submitted to Bloomberg varied from -15 bcf to +7 bcf with a standard deviation of 5 bcf. Our model showed -4 bcf. Nationwide HDDs dropped to 114 from 164 in the prior week. Nationwide cooling degree days reported by NOAA increased to 4 CDDs from 1 CDD the prior week. Total US: +2 bcf ( LCMC : -4 bcf; Bloomberg median: -3 bcf) East: -12 bcf West: +2 bcf P.....
CFTC COT
| December 07, 2012
Commitment of Traders Report - December 7, 2012
Please find attached data and charts detailing the latest CFTC Commitments of Traders Report for the week ended December 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. WTI non-commercial net length expanded during the week ended December 4. Non-commercials increased WTI net length by +14.2k to 258.2k in futures and by +14.1k to 317.1k in f.....