CFTC COT
| December 23, 2011
Commitment of Traders Report - December 23, 2011
Please find attached data and charts detailing the latest CFTC Commitments of Traders Report for the week ended December 20. 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 , gasoline and heating oil during the week ended December 20. Non-commercials decreased net length in WTI by 11.4k to 189.6k in .....
NORTH AMERICAN RIG WATCH
| December 23, 2011
Schlumberger (Smith) Rigs
STATS shows 1,873 active rigs as of December 23, 2011, up +10 rigs from a week ago. Oil rigs rose by +10 (ht: +14, vt-dir: -4) and total gas rigs remained unchanged (ht: +4, vt-dir: -4).
EIA NG STORAGE REPORT
| December 22, 2011
-100 bcf
EIA reported a smaller-than-expected -100 bcf withdrawal for the week ended December 16 (Bloomberg median -105 bcf, Bloomberg Whisper -106 bcf). This is the first time in six weeks that the EIA announcement has come in bearish compared to expectation. And simply weather-adjusted, this build would make balances appear slightly looser week on week, but much of this loosening can be explained by the nearly 1 bcf/d increase in net imports during the reference week. And much of this increase in .....
CFTC COT
| December 16, 2011
Commitment of Traders Report - December 16, 2011
Please find attached data and charts detailing the latest CFTC Commitments of Traders Report for the week ended December 13. 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 and gasoline but declined in heating oil during the week ended December 13. Non-commercials decreased net length in WTI by 1.4k .....
NORTH AMERICAN RIG WATCH
| December 16, 2011
Schlumberger (Smith) Rigs
STATS shows 1,863 active rigs as of December 16, 2011, down -4 rigs from a week ago. Oil rigs rose by +8 (ht: +4, vt-dir: +4) and gas rigs fell by -12 (ht: -4, vt-dir: -8).
EIA NG STORAGE REPORT
| December 15, 2011
-102 bcf
EIA reported a larger-than-expected -102 bcf withdrawal for the week ended December 9 (Bloomberg median -92 bcf, Bloomberg Whisper -97 bcf). Price response – or rather the lack of it – to the release makes it difficult to call this a bullish number. The first triple-digit withdrawal of the season clearly marks the end of shoulder season-like pulls, but is still well below the -154 bcf draw during the reference week last year. Total US: -102 bcf ( LCMC -98 bcf; Bloomberg median -92 bcf) East.....
CFTC COT
| December 09, 2011
Commitment of Traders Report - December 9, 2011
Please find attached data and charts detailing the latest CFTC Commitments of Traders Report for the week ended December 6. 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 and gasoline and decreased in heating oil during the week ended December 6. Non-commercials reduced net length in WTI by 1.6k to .....
NORTH AMERICAN RIG WATCH
| December 09, 2011
Schlumberger (Smith) STATS
STATS shows 1,867 active rigs as of December 9, 2011, up +4 rigs from a week ago. Oil rigs rose by +8 (ht: +10, vt-dir: -2) and gas rigs fell by -4 (ht: -2, vt-dir: -2).
EIA NG STORAGE REPORT
| December 08, 2011
-20 bcf
EIA reported a bullish -20 bcf withdrawal for the week ended December 2. This is the fourth consecutive bullish surprise, with this week’s draw exceeding market expectations (Bloomberg median -12 bcf, Bloomberg Whisper -8 bcf). But this week, the apparent tightening in balances is slightly easier to understand for a number of reasons. Even so, the market seems to be well aware that the draw is still much lower compared to last year’s -79 bcf draw and the prior five-year average -66 bcf draw. A.....
CFTC COT
| December 02, 2011
Commitment of Traders Report - December 2, 2011
Please find attached data and charts detailing the latest CFTC Commitments of Traders Report for the week ended November 29. 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 reduced net length slightly across the petroleum complex during the week ended November 29. Non-commercial net length rose by 2.7k to 204.0k in futures, and fe.....