NORTH AMERICAN RIG WATCH
| November 04, 2011
Schlumberger (Smith) STATS
STATS shows 1,859 active rigs as of November 4, 2011, up +4 rigs from a week ago. Oil rigs rose by +17 (ht: +12, vt-dir: +5) and gas rigs fell by -13 (ht: +6, vt-dir: -7).
EIA NG STORAGE REPORT
| November 03, 2011
+78 bcf
EIA reported a +78 bcf build for the week ended October 28. This build was above expectations (Bloomberg median +72 bcf, Bloomberg whisper +73 bcf), the year-ago build (+67 bcf) and the prior 5-year average (+35 bcf). The build was bearish, underscoring growth in domestic production. But even as the NYMEX front month dipped down about -6 cents immediately following the release, it recovered almost immediately, currently reaching +9 cents above yesterday’s close. So even as the chances of bre.....
CFTC COT
| October 28, 2011
Commitment of Traders Report - October 28, 2011
Please find attached data and charts detailing the latest CFTC Commitments of Traders Report for the week ended October 25. 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 third consecutive week) and gasoline, and was flat in heating oil during the week ended October 25. Non-commercials boosted .....
NORTH AMERICAN RIG WATCH
| October 28, 2011
Schlumberger (Smith) STATS
STATS shows 1,855 active rigs as of October 28, 2011, up +2 rigs from a week ago. Oil rigs rose by +11 (ht: +8, vt-dir: +3) and gas rigs fell by -9 (ht: +1, vt-dir: -10).
EIA NG STORAGE REPORT
| October 27, 2011
+92 bcf
EIA reported a +92 bcf build for the week ended October 21. This build was above expectations (Bloomberg median +87 bcf, Bloomberg whisper +91 bcf), the year-ago build (+74 bcf) and the prior 5-year average (+47 bcf). After the release, NYMEX front month fell about -6 cents. However, if it were not shoulder-season weather continuing to wreak havoc on weather-based models, the build would likely not have been viewed with such bearishness. Looking forward, while next week’s build will likely .....
CFTC COT
| October 21, 2011
Commitment of Traders Report - October 21, 2011
Please find attached data and charts detailing the latest CFTC Commitments of Traders Report for the week ended October 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. The week ended October 18 experienced an increase in non-commercial net length across the petroleum complex (for the second consecutive week). Non-commercials expanded net leng.....
NORTH AMERICAN RIG WATCH
| October 21, 2011
Schlumberger (Smith) STATS
STATS shows 1,853 active rigs as of October 21, 2011, down -7 rigs from a week ago. Oil rigs rose by +9 (ht: +14, vt-dir: -5) and gas rigs rose by -16 (ht: -22, vt-dir: +6).
EIA NG STORAGE REPORT
| October 20, 2011
+103 bcf
EIA reported a +103 bcf build for the week ended October 14. This build set a new high for the calendar week, reaching well above the year-ago build (+93 bcf) and the prior 5-year average (+58 bcf). However, the combination of fuel switching, nuclear outages and shoulder-season weather continues to wreak havoc on weather models, pushing expectations even higher (Bloomberg median +110 bcf, Bloomberg whisper +108 bcf). Nonetheless, this week’s build appears to indicate (weather-adjusted) balance.....
CFTC COT
| October 14, 2011
Commitment of Traders Report - October 14, 2011
Please find attached data and charts detailing the latest CFTC Commitments of Traders Report for the week ended October 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 registered an uptick across the petroleum complex during the week ended October 11. Non-commercial net length increased by 17.3 to 173.5k in futures, .....
NORTH AMERICAN RIG WATCH
| October 14, 2011
Schlumberger (Smith) STATS
STATS shows 1,860 active rigs as of October 14, 2011, up +9 rigs from a week ago. Oil rigs rose by +4 (ht: +1, vt-dir: +3) and gas rigs rose by +5 (ht: +8, vt-dir: -3).