CFTC COT
| February 24, 2014
Commitments of Traders Report – February 24, 2014
Note: The AUM file is not included in this week’s report but will return next month. Please find attached data and charts detailing the latest CFTC Commitments of Traders Report for the week ended February 18. We provide all Legacy and Disaggregated trader positions for natural gas, WTI , Brent, gasoline and heating oil. Non-commercials increased net length in natural gas, heating oil, Brent, gasoline and WTI during the reference week. Non-commercials net length in natural gas ro.....
OIL PRICE MONITOR
| February 21, 2014
February 21, 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
| February 21, 2014
February 21, 2014
Baker Hughes shows 1,767 active rigs as of February 21, 2014, higher by +7 from the previous week. Oil rigs increased by +2 to 1,425 (ht: -5; vt-dir: +7) while gas-directed rigs increased by +5 to 342 (ht: +4; vt-dir: +1). Horizontal oil rigs decreased by -2 to 153 in the Bakken (ND) and increased by +5 to 181 in the Permian (TX). Gas-directed horizontal rigs increased by +1 to 25 in the Marcellus ( SWPA ).
NGL MARKET RECAP
| February 20, 2014
February 20, 2014
Propane: US propane inventories fell by -1.2m bbl to 26.7m bbl for the week ended February 14, 2014, which is -12.6m bbl below the five-year average. PADD 3 inventories fell by -3%, or -533k bbl, to 15.1m bbl. PADD 2 stocks fell -2%, or -137k bbl, to 8.8m bbl, which is 5.1m bbl below the five-year average. In PADD 1, stocks fell by -18% or -353k bbl to stand at 1.6m bbl. Implied demand sank -18% to 1.38 mb/d; imports decreased by -27% to 155 kb/d and production decreased -2% to 1.40 mb/d.....
DOE CRUDE STATS
| February 20, 2014
February 20, 2014
U.S. crude oil inventories grew by +973k bbl in the week ended February 14, while Cushing stocks declined by -1733k bbl. Distillate inventories decreased by -339k bbl and gasoline inventories grew by +309k 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 +0.9.....
CFTC COT
| February 17, 2014
Commitments of Traders Report – February 17, 2014
Please find attached data and charts detailing the latest CFTC Commitments of Traders Report for the week ended February 11. We provide all Legacy and Disaggregated trader positions for natural gas, WTI , Brent, gasoline and heating oil. Non-commercials increased net length in natural gas, heating oil, Brent, gasoline and WTI during the reference week. Non-commercials net length in natural gas grew by +26.5k to +456.5k in futures and increased by +13.8k to +576.9k in futures and optio.....
OIL PRICE MONITOR
| February 14, 2014
February 14, 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
| February 14, 2014
February 14, 2014
Baker Hughes shows 1,760 active rigs as of February 14, 2014, lower by -7 from the previous week. Oil rigs increased by +7 to 1,423 (ht: +12; vt-dir: -5), while gas-directed rigs decreased by -14 to 337 (ht: -5; vt-dir: -9). Horizontal oil rigs increased by +6 to 176 in Permian (TX), and vertical/directional oil rigs increased by +6 in Monterey (CA) to 23, while horizontal gas-directed rigs decreased by -2 to 19 in the Marcellus ( NEPA ).
NGL MARKET RECAP
| February 12, 2014
February 12, 2014
In Focus: Light-end markets Although the Mont Belvieu propane market has been more volatile than ethane of late, both products are showing strength, but warmer weather forecasts could temporarily pull prices lower.
DOE CRUDE STATS
| February 12, 2014
February 12, 2014
U.S. crude oil inventories rose by +3267k bbl in the week ended February 07, while Cushing stocks decreased by -2673k bbl. Distillate inventories fell by -731k bbl and gasoline inventories decreased by -1853k 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 +.....