CFTC COT | July 29, 2011

Commitment of Traders Report - July 29, 2011

Please find attached data and charts detailing the latest CFTC Commitments of Traders Report for the week ended July 26. 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 July 26 was relatively uneventful for non-commercial net length in the petroleum complex. Non-commercial net length increased by 14.5k to 253.3k in futures, and by .....

DOE CRUDE STATS | July 27, 2011

July 27, 2011

July 27, 2011 Attached are two PDF files that provide LCMC’s perspective on the DOE EIA’s Weekly Petroleum Status Report. One file provides detailed statistics and charts based on the raw data, while the other provides a brief written analysis. In this week’s DOE EIA data, driving a headline +2.3m bbl build in U.S. commercial crude stocks was a sizeable +5.5m bbl jump in crude inventories in PADD III , thanks in part to the release of 2.3m bbl of crude from the U.S. SPR along th.....

CFTC COT | July 22, 2011

Commitment of Traders Report - July 22, 2011

Please find attached data and charts detailing the latest CFTC Commitments of Traders Report for the week ended July 19. 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 shifted back to a net long position in the natural gas market during the week ended July 19 (from last week’s net short position), as they increased their net long.....

OIL PRICE MONITOR | July 22, 2011

July 22, 2011

We are pleased to introduce a new addition to LCMC’s publication suite, Oil Price Monitor . This report provides an overview of global oil price activity across a range of dimensions, from spot crude and product prices to forward curves, refining margins, product arbitrage, and weekly DOE EIA data. Oil Price Monitor will be published every Friday immediately after the market’s close.

DOE CRUDE STATS | July 20, 2011

July 20, 2011

July 20, 2011 Crude stocks drew -3.7m bbl to 351.7m bbl with Cushing crude stocks down -1.0m bbl to 36.7m bbl. The week marked the 7th straight draw in commercial crude stocks, which have mirrored the relatively sharp summertime draws of 2009. Both crude imports and runs increased, with imports up 343 kb/d to 9.3 mb/d and runs gaining 403 kb/d to 15.6 mb/d. But while crude imports continue to scrape along the low levels of 2009, crude runs have increased this summer at a pace much quicker tha.....

CFTC COT | July 15, 2011

Commitment of Traders Report - July 15, 2011

Please find attached data and charts detailing the latest CFTC Commitments of Traders Report for the week ended July 12. 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. Index investors withdrew -$4.91 billion from the commodities markets during the week ended July 12, after pushing in +$14.24 billion during the previous four weeks. The energy com.....

DOE CRUDE STATS | July 13, 2011

July 13, 2011

This week’s -3.1m bbl crude draw, which sparked a bullish response in the market, came even as apparent principal product demand continued its relatively weak showing, 1.4% below last year’s levels (4wk avg basis). On the refining front, a 631 kb/d drop in finished motor gasoline output was the major story, driven by a 97 kb/d drop in total crude runs and a 3.7pp dialing back of finished mogas yields. 4wk avg gasoline imports continued their sharp skid, falling from 1.2 mb/d in mid-June to this .....

CFTC COT | July 08, 2011

Commitment of Traders Report - July 8, 2011

Please find attached data and charts detailing the latest CFTC Commitments of Traders Report for the week ended July 5. 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. Index investment climbed for the fourth week in a row at +$3.34 billion. Last week had seen an inflow of +$6.67 billion. The energy commodity markets received an inflow of +$2.28 b.....

DOE CRUDE STATS | July 07, 2011

7 July 2011

Apparent US oil demand showed surprising strength this week while crude stocks posted a mild draw. Apparent principal product demand increased 0.59 mb/d to 15.25 mb/d, with finished mogas and distillate up a combined 0.26 mb/d. Still, 4wk avg total product supplied remains 0.34 mb/d (or 1.8%) lower y-o-y and a full 1.8 mb/d (or 8.8%) under what it was in 2007. US crude stocks drew -0.89m bbl, perhaps underwhelming to the market given an API figure of -3.2m bbl. Cushing continued its seasonal d.....

CFTC COT | July 01, 2011

July 01, 2011

Please find attached data and charts detailing the latest CFTC Commitments of Traders Report for the week ended June 28. 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 decreased in WTI for the second consecutive week, while net length rose in gasoline and fell in heating oil during the week ended June 28. The non-comm.....