OIL PRICE MONITOR
| January 18, 2013
January 18, 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.
NORTH AMERICAN RIG WATCH
| January 18, 2013
January 18, 2013
STATS shows 1,646 active rigs as of January 18, 2013, higher by +6 for the week. Oil rigs increased by +8 to 1,272 (ht: -1; vt-dir: +9) and gas rigs declined by -2 to 374 (ht: -2; vt-dir: unchanged). Horizontal oil rigs in Bakken (ND) and Permian (NM) dropped by -3 each, to 183 and 31, respectively. Horizontal gas rigs in Marcellus ( NEPA ) fell by -3, while Fayetteville (AR) added +2 horizontal gas rigs. Baker Hughes shows 1,745 active rigs as of January 18, 2013, down by -12 from the previ.....
DOE CRUDE STATS
| January 16, 2013
January 16, 2013
U.S. crude oil inventories declined by -951k bbl in the week ended January 11, while Cushing stocks built by +1,780k bbl. Distillate inventories increased by +1,686k bbl and gasoline inventories gained +1,910k bbl. Please find attached this week’s detailed statistical report. 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.....
CFTC COT
| January 11, 2013
Commitment of Traders Report - January 11, 2013
The annual rebalancing of the S&P GSCI and Dow Jones- UBS Commodity indexes is taking place from January 8 to 14 with 20% of the rebalancing size adjusted each day. Please see our Data Insight dated November 15, 2012 — Weighing In — for further details. The rebalancing should be reflected in today’s and next week’s (January 18) report. Please find attached data and charts detailing the latest CFTC Commitments of Traders Report for the week ended January 8. We focus on net length of non-c.....
OIL PRICE MONITOR
| January 11, 2013
January 11, 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.
NORTH AMERICAN RIG WATCH
| January 11, 2013
January 11, 2013
STATS shows 1,640 active rigs as of January 4, 2013, lower by -9 for the week. Oil rigs fell by -3 to 1,264 (ht: -7; vt-dir: +4) and gas rigs declined by -6 to 376 (ht: -6; vt-dir: unchanged). Horizontal oil rigs in the Texas portion of the Anadarko Basin fell by -4 to 17 while horizontal gas rigs in the Eagle Ford declined by -5 to 37. Baker Hughes shows 1,757 active rigs as of January 4, 2013, which is unchanged from the previous week. Oil rigs increased by +5 to 1,323 (ht: +11; vt-dir: -6).....
DOE CRUDE STATS
| January 09, 2013
January 9, 2013
U.S. crude oil inventories grew by +1,314k bbl in the week ended January 4, while Cushing stocks built +332k bbl. Distillate inventories increased by +6,777k bbl and gasoline inventories gained +7,412k 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 : Built +1.31m bbl (.....
OIL PRICE MONITOR
| January 04, 2013
January 4, 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, crude loadings, and weekly DOE EIA data.
CFTC COT
| January 04, 2013
Commitment of Traders Report - January 4, 2013
Please find attached data and charts detailing the latest CFTC Commitments of Traders Report for the week ended January 1 (data as of December 31). 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 expanded net length across the petroleum complex for the third consecutive week (during the week ended January 1). Non-commercial net le.....
NORTH AMERICAN RIG WATCH
| January 04, 2013
January 4, 2013
STATS shows 1,649 active rigs as of January 4, 2013, lower by -23 week-over-week. Oil rigs decreased by -13 to 1,267 (ht: +10; vt-dir: -23) while gas-directed rigs fell by -10 to 382 (ht: -7; vt-dir: -3). Horizontal oil rigs in the Oklahoma portion of the Anadarko Basin increased by +8 while vertical/directional oil rigs in the Permian Basin dropped by -8. Horizontal gas rigs increased by +4 in the northern Pennsylvania portion of the Marcellus but fell by a cumulative -6 in the Texas Barnett a.....