OIL PRICE MONITOR
| June 05, 2015
June 5, 2015
Attached is this week’s Oil Price Monitor, which provides an overview of global oil market activity across a range of dimensions, from spot crude and product prices to forward curves, refining margins, product arbitrage, and freight rates.
NORTH AMERICAN RIG WATCH
| June 05, 2015
June 5, 2015
Baker Hughes shows 864 active rigs as of June 5, 2015, lower by -7 from the previous week. Oil rigs decreased by -4 to 642 (ht: -2; vt-dir: -2) while gas-directed rigs decreased by -3 to 222 (ht: +1; vt-dir: -4). Horizontal oil rigs increased by +6 to 134 in the Permian (TX), but fell by -5 to 78 in Eagle Ford (TX). Gas-directed horizontal rigs increased by +1 to 15 in Marcellus (WV).
NGL MARKET RECAP
| June 03, 2015
CORRECTION - June 3, 2015
The previous version incorrectly referenced the fourth – and not the fifth – week of May, 2014, in the propane statistical tables. The historical comparisons have been updated. 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.
NGL MARKET RECAP
| June 03, 2015
June 3, 2015
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
| June 03, 2015
DOE Report: June 03, 2015
U.S. crude oil inventories declined by -1948k bbl in the week ended May 29, while Cushing stocks fell by -983k bbl. Distillate inventories increased by +3773k bbl and gasoline inventories fell by -334k 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 by -1.9.....
CFTC COT
| June 01, 2015
Commitments of Traders Report – June 01, 2015
Please find attached data and charts detailing the latest CFTC Commitments of Traders Report for the week ended May 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 WTI , but decreased in Brent, gasoline, natural gas, gasoil and heating oil during the reference week. Non-commercials net length in natural gas rose by +5.5k to +22.6k in futures and decreased by -21.4k to +.....
OIL PRICE MONITOR
| May 29, 2015
May 29, 2015
Attached is this week’s Oil Price Monitor, which provides an overview of global oil market activity across a range of dimensions, from spot crude and product prices to forward curves, refining margins, product arbitrage, and freight rates.
NORTH AMERICAN RIG WATCH
| May 29, 2015
May 29, 2015
Baker Hughes shows 871 active rigs as of May 29, 2015, lower by -10 from the previous week. Oil rigs decreased by -13 to 646 (ht: -8; vt-dir: -5) while gas-directed rigs increased by +3 to 225 (ht: -1; vt-dir: +4). Horizontal oil rigs decreased by -3 to 128, while vertical oil rigs increased by +1 to 50 in Permian (TX). Gas-directed horizontal rigs decreased by -2 to 29 in Marcellus ( SWPA ).
NGL MARKET RECAP
| May 28, 2015
May 28, 2015
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
| May 28, 2015
DOE Report: May 28, 2015
U.S. crude oil inventories declined by -2802k bbl in the week ended May 22, while Cushing stocks decreased by -433k bbl. Distillate inventories grew by +1115k bbl and gasoline inventories declined by -3309k 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 : Decreased b.....