NGL MARKET RECAP | April 03, 2019

April 3, 2019

Note: The majority of Global LPG Prices on page 1 have not been updated by the source and therefore show the same levels w/w. Attached is this week’s NGL Market Recap, which provides an overview of U.S. propane statistics as well as global LPG prices, ratios and fractionation spreads.

DOE CRUDE STATS | April 03, 2019

April 3, 2019

U.S. crude oil inventories grew by +7238k bbl in the week ended March 29, while Cushing stocks rose by +201k bbl. Distillate inventories decreased by -1998k bbl and gasoline inventories declined by -1781k bbl. We also remind our clients that in-depth analysis of DOE weekly petroleum statistical releases can be conducted using the “Commodities Analytical Toolkit” in the Data Portal section of our website ( www.lcmc-research.com ). Major data points: Crude oil inventories : Grew by +7.24.....

CFTC COT | March 29, 2019

Commitments of Traders Report – March 29, 2019

Please find attached data and charts detailing the latest CFTC Commitments of Traders Report for the week ended March 26. We provide all Legacy and Disaggregated trader positions for natural gas, WTI , Brent, gasoline, heating oil and gasoil. Non-commercials increased net length in Brent, gasoline, natural gas, heating oil and WTI , but decreased in gasoil during the reference week. Non-commercials net length in natural gas increased by +0.9k to +208.0k in futures and rose by +0.2k to.....

NORTH AMERICAN RIG WATCH | March 29, 2019

March 29, 2019

US: Baker Hughes shows 1006 active rigs as of March 29, 2019, lower by -10 from the previous week. Oil rigs decreased by -8 to 816 (ht: -10; vt-dir: +2), and gas-directed rigs decreased by -2 to 190 (ht: +1; vt-dir: -3). Horizontal oil rigs increased by +3 in Bakken (ND) and by +2 in Anadarko (TX), while declining by -6 in Eagle Ford (TX), by -2 in Permian (TX), by -1 in Anadarko (OK) and by -6 in Other areas not associated with a specific play. Horizontal gas rigs increased by +1 in Eagle Ford.....

NGL MARKET RECAP | March 27, 2019

March 27, 2019

Attached is this week’s NGL Market Recap, which provides an overview of U.S. propane statistics as well as global LPG prices, ratios and fractionation spreads.

DOE CRUDE STATS | March 27, 2019

March 27, 2019

U.S. crude oil inventories increased by +2800k bbl in the week ended March 22, while Cushing stocks grew by +541k bbl. Distillate inventories declined by -2075k bbl and gasoline inventories fell by -2883k bbl. We also remind our clients that in-depth analysis of DOE weekly petroleum statistical releases can be conducted using the “Commodities Analytical Toolkit” in the Data Portal section of our website ( www.lcmc-research.com ). Major data points: Crude oil inventories : Increased by .....

CFTC COT | March 22, 2019

Commitments of Traders Report – March 22, 2019

Please find attached data and charts detailing the latest CFTC Commitments of Traders Report for the week ended March 19. We provide all Legacy and Disaggregated trader positions for natural gas, WTI , Brent, gasoline, heating oil and gasoil. Non-commercials increased net length in Brent, gasoline, natural gas, heating oil and WTI , but decreased in gasoil during the reference week. Non-commercials net length in natural gas rose by +13.8k to +207.0k in futures and increased by +10.4k .....

NORTH AMERICAN RIG WATCH | March 22, 2019

March 22, 2019

US: Baker Hughes shows 1016 active rigs as of March 22, 2019, lower by -10 from the previous week. Oil rigs decreased by -9 to 824 (ht: -7; vt-dir: -2), and gas-directed rigs decreased by -1 to 192 (ht: unch; vt-dir: -1). Horizontal oil rigs increased by +1 in Bakken (ND), while declining by -3 in Permian (TX), by -2 in Permian (NM), by -1 in Anadarko (OK) and by -2 in Other areas not associated with a specific play. Horizontal gas rigs increased by +2 in Marcellus ( NEPA ), while declining by .....

NGL MARKET RECAP | March 20, 2019

March 20, 2019

Attached is this week’s NGL Market Recap, which provides an overview of U.S. propane statistics as well as global LPG prices, ratios and fractionation spreads.

DOE CRUDE STATS | March 20, 2019

March 20, 2019

U.S. crude oil inventories fell by -9589k bbl in the week ended March 15, while Cushing stocks decreased by -468k bbl. Distillate inventories declined by -4127k bbl and gasoline inventories decreased by -4587k bbl. We also remind our clients that in-depth analysis of DOE weekly petroleum statistical releases can be conducted using the “Commodities Analytical Toolkit” in the Data Portal section of our website ( www.lcmc-research.com ). Major data points: Crude oil inventories : Fell by .....