DOE CRUDE STATS | March 08, 2017

March 8, 2017

U.S. crude oil inventories increased by +8209k bbl in the week ended March 03, while Cushing stocks grew by +867k bbl. Distillate inventories declined by -2676k bbl and gasoline inventories fell by -6555k 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 .....


CRUDE LOADINGS REPORT | March 07, 2017

March 7, 2017

Announced OPEC and Non- OPEC production cuts went into effect on January 1, 2017. Production cuts may not immediately result in lower loading volumes, but market participants are closely monitoring 1H 2017 loadings. OPEC and Non- OPEC participants covered in our report are Angola, Iraq, Russia, Kazakhstan, Azerbaijan, and Equatorial Guinea. April NSea and WAF loadings will rise to 2.02 mb/d and 3.75 mb/d, respectively, up by +42 kb/d and +87 kb/d from their revised March levels. March .....


CFTC COT | March 06, 2017

Commitments of Traders Report – March 06, 2017

Please find attached data and charts detailing the latest CFTC Commitments of Traders Report for the week ended February 28. We provide all Legacy and Disaggregated trader positions for natural gas, WTI , Brent, gasoline, heating oil and gasoil. Non-commercials increased net length in heating oil, but decreased in Brent, gasoline, natural gas, gasoil and WTI during the reference week. Non-commercials net length in natural gas decreased by -25.7k to +311.3k in futures and declined by -.....


NORTH AMERICAN RIG WATCH | March 03, 2017

March 3, 2017

Baker Hughes shows 755 active rigs as of March 3, 2017, higher by +2 from the previous week. Oil rigs increased by +7 to 609 (ht: +11; vt-dir: -4), and gas-directed rigs decreased by -5 to 146 (ht: -2; vt-dir: -3). Horizontal oil rigs increased by +7 in Eagle Ford (TX), by +4 in Permian (TX), by +3 in Bakken (ND) and by +1 in Anadarko (TX), while decreasing by -1 in Permian (NM), by -1 in Anadarko (OK) and by -2 in Other. Horizontal gas rigs decreased by -2 in Marcellus ( SWPA ) and by -1 in Hay.....


NGL MARKET RECAP | March 01, 2017

March 1, 2017

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 01, 2017

March 1, 2017

U.S. crude oil inventories rose by +1501k bbl in the week ended February 24, while Cushing stocks increased by +495k bbl. Distillate inventories fell by -925k bbl and gasoline inventories declined by -546k 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 | February 27, 2017

Commitments of Traders Report – February 27, 2017

Please find attached data and charts detailing the latest CFTC Commitments of Traders Report for the week ended February 21. 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, gasoil and WTI , but decreased in gasoline, natural gas and heating oil during the reference week. Non-commercials net length in natural gas declined by -24.0k to +337.0k in futures and decreased .....


NORTH AMERICAN RIG WATCH | February 24, 2017

February 24, 2017

Baker Hughes shows 753 active rigs as of February 24, 2017, higher by +3 from the previous week. Oil rigs increased by +5 to 602 (ht: +9; vt-dir: -4), and gas-directed rigs decreased by -2 to 151 (ht: +1; vt-dir: -3). Horizontal oil rigs increased by +5 in Eagle Ford (TX), by +4 in Permian (TX), by +2 in Anadarko (TX) and by +1 in Permian (NM), while decreasing by -1 in Anadarko (OK), by -1 in Bakken (ND) and by -1 in areas of Texas not associated with a specific play. Horizontal gas rigs increa.....


NGL MARKET RECAP | February 23, 2017

February 23, 2017

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 | February 23, 2017

February 23, 2017

U.S. crude oil inventories grew by +564k bbl in the week ended February 17, while Cushing stocks decreased by -1528k bbl. Distillate inventories declined by -4924k bbl and gasoline inventories fell by -2628k 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 .....