CFTC COT | June 16, 2014

Commitments of Traders Report – June 16, 2014

Please find attached data and charts detailing the latest CFTC Commitments of Traders Report for the week ended June 10. We provide all Legacy and Disaggregated trader positions for natural gas, WTI , Brent, gasoline and heating oil. Non-commercials increased net length in Brent and WTI , but decreased in natural gas, heating oil and gasoline during the reference week. Non-commercials net length in natural gas declined by -1.2k to +316.6k in futures and fell by -3.0k to +434.8k in fut.....

OIL PRICE MONITOR | June 13, 2014

June 13, 2014

We are suspending the publication of the Oil Price Monitor due to data availability and quality issues. Please contact us info@lcmc-research.com at if you require additional information.

NORTH AMERICAN RIG WATCH | June 13, 2014

June 13, 2014

Baker Hughes shows 1,852 active rigs as of June 13, 2014, lower by -4 from the previous week. The number of oil rigs increased by +6 at 1,542 (ht: +6; vt-dir: 0) while gas-directed rigs decreased by -10 to 310 (ht: -8; vt-dir: -2). Horizontal oil rigs increased by +2 to 191 in the Eagle Ford (TX) and the vertical/directional oil rigs increased by +5 to 13 in the Anadarko (OK). Gas-directed horizontal rigs increased by +3 to 22 in Marcellus ( NEPA ).

NGL MARKET RECAP | June 11, 2014

June 11, 2014

Propane: US propane inventories increased by +3.4m bbl to 49.2m bbl for the week ended June 6, 2014. PADD 3 inventories increased +10%, or +2.5m bbl, to 27.2m bbl. PADD 2 stocks increased by +3%, or +483k bbl, to 16.6m bbl. In PADD 1, stocks increased by +5% or +154k bbl to 3.4m bbl. Implied demand increased +6% to 760 kb/d; imports increased +41% to 55 kb/d and production fell -1% to 1.50 mb/d last week. In Focus: Expanded charts This week we have included our expanded charts, inclu.....

DOE CRUDE STATS | June 11, 2014

June 11, 2014

U.S. crude oil inventories decreased by -2596k bbl in the week ended June 06, while Cushing stocks fell by -198k bbl. Distillate inventories rose by +860k bbl and gasoline inventories increased by +1697k 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 -2.6m .....

CFTC COT | June 09, 2014

Commitments of Traders Report – June 09, 2014

Please find attached data and charts detailing the latest CFTC Commitments of Traders Report for the week ended June 03. We provide all Legacy and Disaggregated trader positions for natural gas, WTI , Brent, gasoline and heating oil. Non-commercials increased net length in gasoline , but decreased in natural gas, heating oil, Brent and WTI during the reference week. Non-commercials net length in natural gas decreased by -21.0k to +317.9k in futures and declined by -11.7k to +437.8k in.....

OIL PRICE MONITOR | June 06, 2014

June 6, 2014

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 crude loadings. Please note that Bloomberg temporarily suspended publishing pricing information for the items below. We will update our Oil Price Monitor as data becomes available again. Crude benchmarks: Urals Mediterranean Bonny Light Refined products: Singap.....

NORTH AMERICAN RIG WATCH | June 06, 2014

June 6, 2014

Baker Hughes shows 1,856 active rigs as of June 6, 2014, lower by -6 from the previous week. The number of oil rigs remained constant at 1,536 (ht: +1; vt-dir: -1) while gas-directed rigs decreased by -6 to 320 (ht: -2; vt-dir: -4). Horizontal oil rigs decreased by -5 to 189 in the Eagle Ford (TX) but increased by +4 to 64 in the Permian (NM). Gas-directed horizontal rigs increased by +2 to 19 in Barnett (TX).

NGL MARKET RECAP | June 04, 2014

June 4, 2014

In Focus: March EIA stat highlights Total U.S. gas plant NGL production increased +4% in March to 2,793 kb/d, and was up +13% compared to 2013. Production in the Marcellus was up +6% m-o-m and +155% y-o-y at 168 kb/d. Bakken production increased +5% to 62 kb/d in March and was +27% higher compared to last year. Texas Inland gas plant production was +12% higher y-o-y at 1,192 kb/d.

DOE CRUDE STATS | June 04, 2014

June 4, 2014

U.S. crude oil inventories decreased by -3431k bbl in the week ended May 30, while Cushing stocks fell by -321k bbl. Distillate inventories rose by +2012k bbl and gasoline inventories grew by +210k 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 by -3.43m .....