DOE CRUDE STATS | March 20, 2024
March 20, 2024
Good morning, Please find below a recap of the DOE’s weekly crude stats and a link to our detailed tables. U.S. crude oil inventories fell by -1952k bbl in the week ended March 15, while Cushing stocks declined by -18k bbl. Distillate inventories increased by +624k bbl and gasoline inventories declined by -3310k bbl. Major data points: Crude oil inventories: Fell by -1.95m bbl (vs. the API estimate of -1.52m bbl). Stocks in Cushing declined by -0.02m bbl (vs. the API estimate of +0.32m bbl) and.....
CFTC COT | March 15, 2024
March 15, 2024
Please find below the links to data and charts detailing the latest CFTC Commitments of Traders Report for the week ended March 12. We provide all Legacy and Disaggregated trader positions for natural gas, WTI, Brent, gasoline, heating oil and gasoil. Non-commercials increased net length in natural gas, Brent and gasoline , but decreased in WTI, heating oil and gasoil during the reference week. Non-commercials net length in natural gas increased by +17.5k to -71.7k in futures and g.....
NORTH AMERICAN RIG WATCH | March 15, 2024
March 15, 2024
Please find below the links to this week's detailed rig reports and a quick recap of the North American oil and gas drilling activity as reported by Baker Hughes. US: Baker Hughes shows 626 active rigs as of March 15, 2024, higher by +7 from the previous week. Oil rigs increased by +6 to 510 (ht: +3; vt-dir: +3), and gas-directed rigs increased by +1 to 116 (ht: +2; vt-dir: -1). Horizontal oil rigs increased by +2 in Permian (TX), by +1 in Eagle Ford (TX) and by +1 in Permian (NM), while de.....
NGL MARKET RECAP | March 13, 2024
March 13, 2024
Dear , Please find below the link to this week’s NGL Market Recap, which provides an overview of North American NGL statistics as well as global LPG prices, spreads/arbitrages and ratios.
DOE CRUDE STATS | March 13, 2024
March 13, 2024
Good morning, Please find below a recap of the DOE’s weekly crude stats and a link to our detailed tables. U.S. crude oil inventories decreased by -1536k bbl in the week ended March 08, while Cushing stocks fell by -220k bbl. Distillate inventories rose by +888k bbl and gasoline inventories decreased by -5662k bbl. Major data points: Crude oil inventories: Fell by -1.54m bbl (vs. the API estimate of -5.52m bbl). Stocks in Cushing declined by -0.22m bbl (vs. the API estimate of -1.00m bbl) and n.....
NORTH AMERICAN RIG WATCH | March 08, 2024
March 08, 2024
Please find below the links to this week's detailed rig reports and a quick recap of the North American oil and gas drilling activity as reported by Baker Hughes. US: Baker Hughes shows 619 active rigs as of March 08, 2024, lower by -6 from the previous week. Oil rigs decreased by -2 to 504 (ht: -1; vt-dir: -1), and gas-directed rigs decreased by -4 to 115 (ht: -3; vt-dir: -1). Horizontal oil rigs increased by +3 in Permian (NM), while declining by -2 in Permian (TX) and by -2 in Other area.....
NGL MARKET RECAP | March 06, 2024
March 06, 2024
Dear , Please find below the link to this week’s NGL Market Recap, which provides an overview of North American NGL statistics as well as global LPG prices, spreads/arbitrages and ratios.
DOE CRUDE STATS | March 06, 2024
March 06, 2024
Good morning, Please find below a recap of the DOE’s weekly crude stats and a link to our detailed tables. U.S. crude oil inventories grew by +1367k bbl in the week ended March 01, while Cushing stocks rose by +701k bbl. Distillate inventories decreased by -4131k bbl and gasoline inventories declined by -4460k bbl. Major data points: Crude oil inventories: Grew by +1.37m bbl (vs. the API estimate of +0.42m bbl). Stocks in Cushing increased by +0.7m bbl (vs. the API estimate of +0.50m bbl) and n.....
CFTC COT | March 01, 2024
March 01, 2024
Please find below the links to data and charts detailing the latest CFTC Commitments of Traders Report for the week ended February 27. We provide all Legacy and Disaggregated trader positions for natural gas, WTI, Brent, gasoline, heating oil and gasoil. Non-commercials increased net length in WTI and heating oil , but decreased in natural gas, Brent, gasoline and gasoil during the reference week. Non-commercials net length in natural gas grew by +55.4k to -147.3k in futures and de.....
NORTH AMERICAN RIG WATCH | March 01, 2024
March 01, 2024
Please find below the links to this week's detailed rig reports and a quick recap of the North American oil and gas drilling activity as reported by Baker Hughes. US: Baker Hughes shows 625 active rigs as of March 01, 2024, higher by +2 from the previous week. Oil rigs increased by +3 to 506 (ht: +1; vt-dir: +2), and gas-directed rigs decreased by -1 to 119 (ht: unch; vt-dir: -1). Horizontal oil rigs increased by +1 in Anadarko (OK) and by +1 in Permian (NM), while declining by -1 in Anadar.....