DOE CRUDE STATS | October 26, 2011

October 26, 2011

October 26, 2011 Cushing stocks built +419k bbl on the week, pulling the price of front-month WTI lower by approximately $1/bbl in the first 15 minutes of trading after the report. The number countered the expectation of a draw in Cushing that had emerged following Monday’s release of satellite-based data, which had contributed to the switch in the WTI futures curve from contango to backwardation.


CFTC COT | October 21, 2011

Commitment of Traders Report - October 21, 2011

Please find attached data and charts detailing the latest CFTC Commitments of Traders Report for the week ended October 18. 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. The week ended October 18 experienced an increase in non-commercial net length across the petroleum complex (for the second consecutive week). Non-commercials expanded net leng.....


OIL PRICE MONITOR | October 21, 2011

October 21, 2011

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 weekly DOE EIA data.


NORTH AMERICAN RIG WATCH | October 21, 2011

Schlumberger (Smith) STATS

STATS shows 1,853 active rigs as of October 21, 2011, down -7 rigs from a week ago. Oil rigs rose by +9 (ht: +14, vt-dir: -5) and gas rigs rose by -16 (ht: -22, vt-dir: +6).


DOE CRUDE STATS | October 19, 2011

October 19, 2011

October 19, 2011 Crude stocks declined by -4.7m bbl on the week, against the Bloomberg median expectation of +2.0m bbl. Cushing stocks gained for the second consecutive week, adding +0.47m bbl. Gasoline and distillate stocks both posted declines of -3.3m bbl and -4.3m bbl, respectively. Refinery runs dropped by -134 kb/d, led by a decline in PADD III .


CFTC COT | October 14, 2011

Commitment of Traders Report - October 14, 2011

Please find attached data and charts detailing the latest CFTC Commitments of Traders Report for the week ended October 11. 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-commercial net length registered an uptick across the petroleum complex during the week ended October 11. Non-commercial net length increased by 17.3 to 173.5k in futures, .....


OIL PRICE MONITOR | October 14, 2011

October 14, 2011

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 weekly DOE EIA data.


NORTH AMERICAN RIG WATCH | October 14, 2011

Schlumberger (Smith) STATS

STATS shows 1,860 active rigs as of October 14, 2011, up +9 rigs from a week ago. Oil rigs rose by +4 (ht: +1, vt-dir: +3) and gas rigs rose by +5 (ht: +8, vt-dir: -3).


DOE CRUDE STATS | October 13, 2011

October 13, 2011

October 13, 2011 Crude stocks increased by +1.34m bbl on the week, above of the Bloomberg median expectation of +0.8m bbl. Cushing stocks ended ten weeks of decline with a build of +0.53m bbl. However, gasoline inventories posted a sharp decline of -4.1m bbl, along with distillates, which decreased by -2.9m bbl. Refinery runs dropped by -563 kb/d, driven by a decline in PADD V.


CFTC COT | October 07, 2011

Commitment of Traders Report - October 7, 2011

Please find attached data and charts detailing the latest CFTC Commitments of Traders Report for the week ended October 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. The week ended October 4 saw a fall in non-commercial net length in WTI (for the third consecutive week) and heating oil along with an increase in gasoline. Non-commercial net.....