NORTH AMERICAN RIG WATCH | March 16, 2018

March 16, 2018

US: Baker Hughes shows 989 active rigs as of March 16, 2018, higher by +5 from the previous week. Oil rigs increased by +4 to 800 (ht: +13; vt-dir: -9), and gas-directed rigs increased by +1 to 189 (ht: +4; vt-dir: -3). Horizontal oil rigs increased by +3 in Bakken (ND), by +2 in Monterey (CA), by +1 in Anadarko (OK) and by +7 in Other areas not associated with a specific play. Horizontal gas rigs increased by +1 in Eagle Ford (TX), by +1 in Fayetteville (AR), by +1 in Haynesville (TX), by +1 i.....

NGL MARKET RECAP | March 14, 2018

March 14, 2018

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 14, 2018

March 14, 2018

U.S. crude oil inventories rose by +5,022k bbl in the week ended March 09, while Cushing stocks grew by +338k bbl. Distillate inventories decreased by -4,360k bbl and gasoline inventories fell by -6,271k 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 : Rose by +5.02m.....

CFTC COT | March 09, 2018

Commitments of Traders Report – March 09, 2018

Please find attached data and charts detailing the latest CFTC Commitments of Traders Report for the week ended March 06. 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 , but decreased in Brent, gasoline, gasoil, heating oil and WTI during the reference week. Non-commercials net length in natural gas increased by +28.2k to +220.7k in futures and grew by +33.9k .....

NORTH AMERICAN RIG WATCH | March 09, 2018

March 9, 2018

US: Baker Hughes shows 984 active rigs as of March 09, 2018, higher by +3 from the previous week. Oil rigs decreased by -4 to 796 (ht: -5; vt-dir: +1), and gas-directed rigs increased by +7 to 188 (ht: +6; vt-dir: +1). Horizontal oil rigs increased by +3 in Bakken (ND) and by +1 in Anadarko (TX), while declining by -6 in Anadarko (OK), by -1 in Permian (TX) and by -2 in Other areas not associated with a specific play. Horizontal gas rigs increased by +1 in Haynesville (TX), by +1 in Marcellus (.....

CRUDE LOADINGS REPORT | March 09, 2018

March 9, 2018

OPEC and Non- OPEC supply-cut deal participants covered in our report are Angola, Iraq, Equatorial Guinea, Russia, Kazakhstan, and Azerbaijan. April NSea loadings will be stable at 1.84 mb/d. April WAF loadings are expected to increase by +103 kb/d MoM to 4.14 mb/d driven by increasing Nigerian volumes. February Iraqi Basrah loadings averaged 3.46 mb/d in February. At 2.42 mb/d, March Russian programs will be +13 kb/d higher MoM but -579 kb/d lower YoY. April ESPO loadings via Kozmino ar.....

NGL MARKET RECAP | March 07, 2018

March 7, 2018

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 07, 2018

March 07, 2018

U.S. crude oil inventories rose by +2408k bbl in the week ended March 02, while Cushing stocks decreased by -605k bbl. Distillate inventories fell by -559k bbl and gasoline inventories declined by -788k 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 +2.....

CFTC COT | March 02, 2018

Commitments of Traders Report – March 02, 2018

Please find attached 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 Brent, gasoline, gasoil, heating oil and WTI , but decreased in natural gas during the reference week. Non-commercials net length in natural gas rose by +1.1k to +192.5k in futures and fell by -19.0k to .....

NORTH AMERICAN RIG WATCH | March 02, 2018

March 2, 2018

US: Baker Hughes shows 981 active rigs as of March 02, 2018, higher by +3 from the previous week. Oil rigs increased by +1 to 800 (ht: +2; vt-dir: -1), and gas-directed rigs increased by +2 to 181 (ht: +3; vt-dir: -1). Horizontal oil rigs increased by +2 in Anadarko (OK), by +2 in Permian (TX) and by +1 in Eagle Ford (TX), while declining by -2 in Bakken (ND) and by -1 in Other areas not associated with a specific play. Horizontal gas rigs increased by +3 in Marcellus ( SWPA ) and by +2 in Othe.....