NORTH AMERICAN RIG WATCH
| August 23, 2013
August 23, 2013
Baker Hughes shows 1,769 active rigs as of August 23, 2013, lower by -16 from the previous week. Oil rigs decreased by -15 to 1,382 (ht: unch.; vt-dir: -15) and gas-directed rigs decreased by -1 to 387 (ht: -2; vt-dir: +1). Horizontal oil rigs increased by +9 to 158 in Eagle Ford (TX), by +4 to 116 in Permian (TX), and by +5 to 92 in Anadarko (OK), while dropping by -10 to 190 in areas currently not associated with a specific play. Out of those 10 horizontal rigs, 8 were located in TX and OK, su.....
DOE CRUDE STATS
| August 21, 2013
August 21, 2013
U.S. crude oil inventories fell by -1428k bbl in the week ended August 16, while Cushing stocks decreased by -1090k bbl. Distillate inventories rose by +871k bbl and gasoline inventories fell by -4029k 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 -1.43.....
CFTC COT
| August 16, 2013
Commitment of Traders Report - August 16, 2013
Please find attached data and charts detailing the latest CFTC Commitments of Traders Report for the week ended August 13, 2013. We focus on net length of non-commercial traders as well as net length of money managers and swap dealers as indicated in the disaggregated data for WTI , natural gas, gasoline, and heating oil. Non-commercials decreased net length in WTI , gasoline, heating oil and natural gas during the reference week. Non-commercials’ net length in WTI fell by -9.4k to 449.1.....
OIL PRICE MONITOR
| August 16, 2013
August 16, 2013
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: Si.....
NORTH AMERICAN RIG WATCH
| August 16, 2013
August 16, 2013
Baker Hughes shows 1,785 active rigs as of August 16, 2013, higher by +14 from the previous week. Oil rigs increased by +12 to 1,397 (ht: +12; vt-dir: unch) while gas-directed rigs were up by +2 to 388 (ht: unch; vt-dir: +2). Horizontal oil rigs in areas currently not associated with an established play jumped by +10, led by a +7 rig increase in OK. Number of horizontal oil rigs also increased by +3 in Permian (TX), but fell down by -3 and -2 in Anadarko (OK) and Permian (NM), respectively. As f.....
DOE CRUDE STATS
| August 14, 2013
August 14, 2013
U.S. crude oil inventories fell by -2812k bbl in the week ended August 09, while Cushing stocks decreased by -1359k bbl. Distillate inventories rose by +2027k bbl and gasoline inventories decreased by -1169k 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 -2.8.....
NORTH AMERICAN RIG WATCH
| August 09, 2013
August 9, 2013
Baker Hughes shows 1,771 active rigs as of August 9, 2013, lower by -5 from the previous week. Oil rigs decreased by -3 to 1,385 (ht: -12; vt-dir: +9) while gas-directed rigs decreased by -2 to 386 (ht: +4; vt-dir: -6). Horizontal oil rigs fell by -7 to 149 in the Eagle Ford (TX) and by -6 to 90 in the Anadarko (OK). Vertical/directional oil rigs increased by +6 to 241 in Permian (TX) and by +4 in Eagle Ford (TX). Horizontal gas rigs fell by -4 to 10 in Granite Wash (TX) but increased by +3 to .....
CFTC COT
| August 09, 2013
Commitment of Traders Report - August 9, 2013
Please find attached data and charts detailing the latest CFTC Commitments of Traders Report for the week ended August 6, 2013. We focus on net length of non-commercial traders as well as net length of money managers and swap dealers as indicated in the disaggregated data for WTI , natural gas, gasoline, and heating oil. Non-commercials decreased net length in WTI , gasoline, and natural gas, but increased net length in heating oil during the reference week. Non-commercials’ net length in .....
OIL PRICE MONITOR
| August 09, 2013
August 9, 2013
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: Si.....
DOE CRUDE STATS
| August 07, 2013
August 7, 2013
U.S. crude oil inventories declined by -1320k bbl in the week ended August 02, while Cushing stocks decreased by -2245k bbl. Distillate inventories grew by +469k bbl and gasoline inventories rose by +135k 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 -1.....