OIL PRICE MONITOR | December 14, 2012

December 14, 2012

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.


NORTH AMERICAN RIG WATCH | December 14, 2012

December 14, 2012

STATS shows 1,705 active rigs as of December 14, 2012, down -26 rigs from a week ago. Oil rigs decreased by -24 (ht: -29, vt-dir: +5.) and total gas rigs decreased by -2 (ht: unch, vt-dir: -2). Horizontal oil rigs decreased by -12 in Eagle Ford (TX) and by -7 in Permian (NM). On the gas side, horizontal rigs in Eagle Ford (TX) dropped by -4. Vertical/Directional oil rigs increased by +3 in Bakken (ND) and Permian (TX) while Marcellus ( SWPA ) vertical/directional gas rigs dropped by -3. Bak.....


DOE CRUDE STATS | December 12, 2012

December 12, 2012

U.S. crude oil inventories rose by +843k bbl in the week ended December 7, while Cushing stocks increased by +1,187k bbl. Distillate inventories gained +2,986k bbl and gasoline inventories built +5,000k 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). Ma.....


CFTC COT | December 07, 2012

Commitment of Traders Report - December 7, 2012

Please find attached data and charts detailing the latest CFTC Commitments of Traders Report for the week ended December 4. 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. WTI non-commercial net length expanded during the week ended December 4. Non-commercials increased WTI net length by +14.2k to 258.2k in futures and by +14.1k to 317.1k in f.....


OIL PRICE MONITOR | December 07, 2012

December 7, 2012

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.


NORTH AMERICAN RIG WATCH | December 07, 2012

December 7, 2012

STATS shows 1,731 active rigs as of December 7, 2012, up +8 rigs from a week ago. Oil rigs increased by +17 (ht: +21, vt-dir: -4.) and total gas rigs decreased by -9 (ht: unch, vt-dir: -9). Horizontal oil rigs increased by +7 in Eagle Ford (TX). Vertical/Directional rigs decreased by -8 in Permian (TX). Horizontal gas rigs decreased by -3 in Eagle Ford (TX). Baker Hughes shows 1,799 active rigs as of December 7, 2012, down -11 from a week ago. Oil rigs decreased by -4 (ht: unch, vt-dir: -.....


DOE CRUDE STATS | December 05, 2012

December 5, 2012

U.S. crude oil inventories declined by -2,357k bbl in the week ended November 30, while Cushing stocks decreased by -226k bbl. Distillate inventories rose by +3,027k bbl and gasoline inventories gained +7,860k 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 | November 30, 2012

Commitment of Traders Report - November 30, 2012

Please find attached data and charts detailing the latest CFTC Commitments of Traders Report for the week ended November 27. 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. WTI non-commercial net length fell at the sharpest pace since September 25 this year during the week ended November 27. Non-commercials cut WTI net length by -30.8k to 206......


OIL PRICE MONITOR | November 30, 2012

November 30, 2012

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.


NORTH AMERICAN RIG WATCH | November 30, 2012

November 30, 2012

STATS shows 1,723 active rigs as of November 30, 2012, down -14 rigs from a week ago. Oil rigs decreased by -23 (ht: -2, vt-dir: -21.) and total gas rigs increased by +9 (ht: -2, vt-dir: +11). Horizontal oil rigs decreased by -6 in Permian (NM). Vertical/directional oil rigs decreased by -10 in Permian (NM) but increased by +9 in Permian(TX). Baker Hughes shows 1,810 active rigs as of November 30, 2012, down -6 from a week ago. Oil rigs decreased by -2 (ht: -4, vt-dir: +2) and total gas ri.....