NGL MARKET RECAP | December 14, 2016
December 14, 2016
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 | December 14, 2016
December 14, 2016
U.S. crude oil inventories decreased by -2563k bbl in the week ended December 09, while Cushing stocks rose by +1223k bbl. Distillate inventories fell by -762k bbl and gasoline inventories increased by +497k 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 : Declined b.....
CFTC COT | December 12, 2016
Commitments of Traders Report – December 12, 2016
Please find attached data and charts detailing the latest CFTC Commitments of Traders Report for the week ended December 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 Brent, gasoline, natural gas, gasoil, heating oil and WTI during the reference week. Non-commercials net length in natural gas grew by +49.3k to +303.3k in futures and increased by +41.5k to +329.1k in f.....
NORTH AMERICAN RIG WATCH | December 09, 2016
December 9, 2016
Baker Hughes shows 623 active rigs as of December 9, 2016, higher by +27 from the previous week. Oil rigs increased by +21 to 498 (ht: +16; vt-dir: +5), and gas-directed rigs increased by +6 to 125 (ht: +2; vt-dir: +4). Horizontal oil rigs increased by +4 in Permian (TX), while vertical rigs increased by +6. Horizontal oil rigs in areas not associated with a named play increased by +9, led by Colorado (+5) and Texas (+4). Horizontal gas rigs increased by +2 in Marcellus ( NEPA ), while Texas ad.....
CRUDE LOADINGS REPORT | December 07, 2016
December 7, 2016
Announced OPEC production cuts as well as potential reductions by Non- OPEC countries will go into effect on January 1, 2017. Production cuts may not immediately result in lower loading volumes, but market participants are closely monitoring January 2017 loadings nonetheless. OPEC participants covered in our report are Angola and Iraq (Nigeria is exempted from the deal). Russia, Kazakhstan, Azerbaijan, Congo (Brazzaville), whose loading programs can also be followed via our report, are invi.....
NGL MARKET RECAP | December 07, 2016
December 7, 2016
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 | December 07, 2016
December 07, 2016
U.S. crude oil inventories declined by -2389k bbl in the week ended December 02, while Cushing stocks grew by +3783k bbl. Distillate inventories increased by +2501k bbl and gasoline inventories rose by +3425k 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 -.....
CFTC COT | December 05, 2016
Commitments of Traders Report – December 05, 2016
Please find attached data and charts detailing the latest CFTC Commitments of Traders Report for the week ended November 29. 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 +22.7k to +254.0k in futures and grew by +24.9k to.....
NORTH AMERICAN RIG WATCH | December 02, 2016
December 2, 2016
Baker Hughes shows 596 active rigs as of December 2, 2016, higher by +4 from the previous week. Oil rigs increased by +3 to 477 (ht: +8; vt-dir: -5), and gas-directed rigs increased by +1 to 119 (ht: +2; vt-dir: -1). Horizontal oil rigs increased by +8 in Permian (TX), by +2 in Anadarko (OK), by +2 Eagle Ford (TX) and by +1 Monterey (CA), while decreasing by -2 in Bakken (ND), by -1 in Permian (NM) and by -2 in Other. Horizontal gas rigs increased by +2 in Haynesville (TX) and by +1 in Haynesvil.....
NGL MARKET RECAP | November 30, 2016
November 30, 2016
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.