CFTC COT
| February 03, 2012
Commitment of Traders Report - February 3, 2012
Please find attached data and charts detailing the latest CFTC Commitments of Traders Report for the week ended January 31. 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 increased in WTI (for the sixth week in a row) and gasoline, and was flat in heating oil during the week ended January 31. Non-commercial net length.....
NORTH AMERICAN RIG WATCH
| February 03, 2012
Schlumberger (Smith) Rigs
STATS shows 1,840 active rigs as of February 3, 2012, up +16 rigs from a week ago. Oil rigs went up by +30 (ht: +25, vt-dir: +5) and total gas rigs fell by -14 (ht: -7, vt-dir: -7).
EIA NG STORAGE REPORT
| February 02, 2012
February 02, 2012
EIA reported a -132 bcf withdrawal for the week ended January 27 (Bloomberg median -129 bcf, Bloomberg Whisper -129 bcf). The 23 estimates submitted to Bloomberg varied from -115 bcf to -136 bcf with a standard deviation of 6 bcf. Our pipeline scrape model showed -129 bcf. Weather was warmer week on week (187 HDDs vs. 217 HDDs) and much warmer compared to last year’s levels (187 HDDs vs. 245 HDDs). Total US: -132 bcf ( LCMC -129 bcf; Bloomberg median -129 bcf) East: -100 bcf West: -10 bc.....
CFTC COT
| January 27, 2012
Commitment of Traders Report - January 27, 2012
Please find attached data and charts detailing the latest CFTC Commitments of Traders Report for the week ended January 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. Non-commercial net length climbed in WTI (for the fifth consecutive week) during the week ended January 24 to reach the highest level since June 14 last year when the price o.....
NORTH AMERICAN RIG WATCH
| January 27, 2012
January 27, 2012
STATS shows 1,824 active rigs as of January 27, 2012, down -44 rigs from a week ago. Oil rigs went up by +3 (ht: +3, vt-dir: unch) and total gas rigs fell by -47 (ht: -38, vt-dir: -9). The plans to cut back in natural gas drilling and to focus in liquid rich plays as outlined by the producers in their earnings calls recently, seem to be taking hold. The drop in horizontal gas rigs was led by the Granite Wash basin in Oklahoma with -17 less rigs, which were moved to oil and liquids rich play.....
EIA NG STORAGE REPORT
| January 26, 2012
January 26, 2012
EIA reported a -192 bcf withdrawal for the week ended January 20 (Bloomberg median -175 bcf, Bloomberg Whisper -182 bcf). The 23 estimates submitted to Bloomberg varied from -140 bcf to -194 bcf with a standard deviation of 13 bcf. Our pipeline scrape model showed -173 bcf. Weather was much cooler week on week (217 HDDs vs. 161 HDDs) and finally comparable to last year’s levels (217 HDDs vs. 220 HDDs). Total US: -192 bcf ( LCMC -173 bcf; Bloomberg median -175 bcf) East: -122 bcf West: -2.....
CFTC COT
| January 20, 2012
Commitment of Traders Report - January 20, 2012
As we noted last week, the annual rebalancing of the S&P GSCI and Dow Jones- UBS Commodity indexes occurred from January 9 to 13. The rebalancing is reflected in last week’s (January 13) and today’s report. Please find attached data and charts detailing the latest CFTC Commitments of Traders Report for the week ended January 17. 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 , natura.....
NORTH AMERICAN RIG WATCH
| January 20, 2012
January 20, 2012
STATS shows 1,868 active rigs as of January 20, 2012, up +25 rigs from a week ago. Oil rigs fell by -6 (ht: -9, vt-dir: +3) and total gas rigs rose by +31 (ht: +15, vt-dir: +16). The increase in horizontal rigs was lead by Eagle Ford (+4) and Marcellus SW (+3), while Haynesville in LA saw the biggest drop by -3 rigs. The increase in the vertical/directional rigs was led by Louisiana (+15) with a concentration in the Tuscaloosa Marine Shale area (+7) and Cameron Parish (+4) located in the Sou.....
EIA NG STORAGE REPORT
| January 19, 2012
January 19, 2012
EIA reported a -87 bcf withdrawal for the week ended January 13 (Bloomberg median -86 bcf, Bloomberg Whisper -81 bcf). The 21 estimates submitted to Bloomberg varied from -74 bcf to -109 bcf with a standard deviation of 12 bcf. Our pipeline scrape model showed -104 bcf. Weather models underestimated the withdrawal due to weather being significantly warmer week on week (161 HDDs vs. 176 HDDs) while some of the scrape models, including ours, overestimated the withdrawal. Total US: -87 bcf ( L.....
CFTC COT
| January 13, 2012
Commitment of Traders Report - January 13, 2012
The annual rebalancing of the S&P GSCI and Dow Jones- UBS Commodity indexes occurred from January 9 to 13 with 20% of the rebalancing size adjusted each day. Please see our Data Insight dated January 9 — (Re)balancing Act — for further details. The rebalancing should be reflected in today’s and next week’s (January 20) report. Please find attached data and charts detailing the latest CFTC Commitments of Traders Report for the week ended January 10. We focus on net length of non-commercial.....