NORTH AMERICAN RIG WATCH
| November 11, 2011
Schlumberger (Smith) STATS
STATS shows 1,856 active rigs as of November 11, 2011, down -3 rigs from a week ago. Oil rigs rose by +7 (ht: +12, vt-dir: -5) and gas rigs fell by -10 (ht: -17, vt-dir: +7).
EIA NG STORAGE REPORT
| November 10, 2011
+37 bcf
EIA reported a +37 bcf build for the week ended November 4. This build was above expectations (Bloomberg median +32 bcf, Bloomberg whisper +33 bcf), the year-ago build (+26 bcf) and the prior 5-year average (+23 bcf). This was the third consecutive week that the build exceeded market expectations. But this week the bearish build was partly due to circumstances that could prove fleeting. Even so, there is little doubt now that inventory levels will surpass last year’s record 3,837 bcf before t.....
CFTC COT
| November 04, 2011
Commitment of Traders Report - November 4, 2011
Please find attached data and charts detailing the latest CFTC Commitments of Traders Report for the week ended November 1. 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 in WTI (after three consecutive weekly increases) and gasoline, and was virtually unchanged in heating oil (for the second consecutive week.....
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).