OIL PRICE MONITOR
| October 07, 2011
October 07, 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 07, 2011
Schlumberger (Smith) STATS
STATS shows 1,851 active rigs as of October 7, 2011, up +18 rigs from a week ago. Oil rigs rose by +13 (ht: +5, vt-dir: +8) and gas rigs rose by +5 (ht: +9, vt-dir: -4).
DOE CRUDE STATS
| October 05, 2011
October 05, 2011
October 5, 2011 Crude stocks drew -4.7m bbl on the week, in sharp contrast to the +1.5m bbl build anticipated by the Bloomberg median estimate and bringing storage to a y-o-y deficit of -24.7m bbl (or 6.8%). The draw was driven by a 1.0 mb/d drop in crude imports into the U.S., the bulk of which occurred in PADD III , which was down 840 kb/d to 4.3 mb/d. U.S. refinery capacity utilization declined slightly to 87% (4wk avg) but remains above the 2009 and 2010 year-ago readings. Cushing stock.....
CFTC COT
| September 30, 2011
Commitment of Traders Report - September 30, 2011
Please find attached data and charts detailing the latest CFTC Commitments of Traders Report for the week ended September 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. Non-commercial net length dropped across the board within the petroleum complex during the week ended September 27, and was likely a reflection of the commodity sell-off on S.....
OIL PRICE MONITOR
| September 30, 2011
September 30, 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
| September 30, 2011
Schlumberger (Smith) STATS
STATS shows 1,833 active rigs as of September 30, 2011, up +3 rigs from a week ago. Oil rigs fell by -8 (ht: -2, vt-dir: -6) and gas rigs were up by +11 (ht: +7, vt-dir: +4).
DOE CRUDE STATS
| September 28, 2011
September 28, 2011
September 28, 2011 Crude imports into the U.S. posted their largest single-week gain since September 2008, jumping a whopping 1.35 mb/d to 9.70 mb/d. The ending of the SPR release and weather-related disruptions appears largely responsible for the rebound in imports. U.S. crude stocks showed only a +1.9m bbl gain, but the stock build arrests the -18m bbl draw of the prior three weeks. Still, the y-o-y disparity between crude stock levels remains more than 16m bbl, as storage is near-even wit.....
CFTC COT
| September 23, 2011
Commitment of Traders Report - September 23, 2011
Please find attached data and charts detailing the latest CFTC Commitments of Traders Report for the week ended September 20. 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. Please note that today’s report does not include any data from Thursday, and therefore does not reflect the selloff. Non-commercial net length decreased in WTI and gasoline.....
OIL PRICE MONITOR
| September 23, 2011
September 23, 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
| September 23, 2011
Schlumberger (Smith) STATS
STATS shows 1,830 active rigs as of September 23, 2011, up +13 rigs from a week ago. Oil rigs were up by +3 (ht: -5, vt-dir: +8) and gas rigs were up by +10 (ht: +2, vt-dir: +8).