CFTC COT | June 04, 2010

June 04, 2010

There was an error in “ WTI crude Non-commercial table” in the last report. Attached is the correct report. Sorry for any inconvenience! Please find attached stats and graphs detailing the latest CFTC Commitment of Traders report for WTI , natural gas, RBOB , and heating oil. There will be no commentary today. Regards,

DOE CRUDE STATS | June 03, 2010

June 03, 2010

DOE CRUDE STATS Attached please find today’s weekly DOE Petroleum Statistics. There will be no summary today.

CFTC COT | May 28, 2010

May 28, 2010

Please find attached a detailed summary and charts depicting data from the latest CFTC Commitments of Traders report for the week ending May 25. Non-commercial traders continued to reduce their net long position by 15.3k contracts to 77.1k in futures only and by 13.5k contracts to 147k in futures and options combined (down from 219k three weeks ago). Net longs in RBOB dropped another 18.7k to 37k (futures and options), down from 72k three weeks ago. Non-commercial traders both reduced th.....

DOE CRUDE STATS | May 26, 2010

Gasoline demand still lagging

DOE CRUDE STATS May 26, 2010 Gasoline demand still lagging Total product supplied increased by 110 kb/d on the week to 19.7 mb/d, but a 280 kb/d increase in Other Oils accounted for the increase. Apparent principal product demand fell 180 kb/d w-o-w, but without significant change among any of the major products. Apparent gasoline demand remained essentially flat on the week, which is not very supportive for gasoline markets. Four-week average gasoline demand is now flat with last ye.....

DOE CRUDE STATS | May 26, 2010

May 26, 2010

DOE CRUDE STATS Please find attached detailed stats and charts for this week’s DOE petroleum stats. Analysis to follow shortly. Crude oil inventories: Built 2.46m bbl, vs. expectations of a 250k bbl build, but with a 2.26m bbl build in PADD V, inventories east of the Rockies built just 200k bbl. Cushing storage fell by 324k bbl from its record high last week – supportive for the front of the curve considering that PADD II runs were flat and imports into the region were up 69 kb/d .....

CFTC COT | May 21, 2010

May 21, 2010

Please find attached the latest summary of the CFTC’s Commitments of Traders report as well as estimates of index inflows for the week ending May 18. Aggregating futures and swaps, non-commercials decreased their net long WTI position by 24k to 92k in futures only and by 33k to 161k in futures and options combined. The decrease in net length was primarily due to the increase of short positions rather than a decrease in long positions. Money managers decreased their net long position by 47k t.....

DOE CRUDE STATS | May 19, 2010

Swimming in gasoline

DOE CRUDE STATS May 19, 2010 Swimming in gasoline This week’s EIA product supplied data continue to paint a picture of looming gasoline weakness relative to distillate. Total product supplied (apparent demand) increased another 280 kb/d on the week to 19.6 mb/d, with 4wk average demand up 0.9 mb/d yoy. This week’s demand increase was driven by a 200 kb/d increase in distillate demand along with a 270 kb/d increase in propane demand. Distillate demand reached 4.1 mb/d, the highest wee.....

DOE CRUDE STATS | May 19, 2010

May 19, 2010

DOE CRUDE STATS Please find attached detailed data and charts for this week’s EIA petroleum stats. Analysis to follow shortly. Crude oil inventories: Built 162bbl, vs. expectations of a 500k bbl build. With a 750k bbl build in PADD V, inventories east of the Rockies drew -590k bbl. Cushing storage built by 920k bbl to a new record of 37.9m bbl, continuing to weigh on the front of the curve, but still a good 7m bbl below likely operable storage capacity. Gasoline inventories: Dre.....

CFTC COT | May 14, 2010

May 14, 2010

Please find attached a summary of the this week’s CFTC Commitment of Traders report for major energy markets. The week ending May 11 was marked by a large exit from net long positions by money managers in WTI , RBOB , and heating oil markets as the petroleum complex plummeted(see attached PDF file for details). For NYMEX WTI , the non-commercial net long position dropped by 17k to 93k contracts in futures only and by 21k to 170k futures and options. Net long product positions fell eve.....

DOE CRUDE STATS | May 12, 2010

Refiners yield

DOE CRUDE STATS May 12, 2010 Refiners yield The surprise 2.8m bbl draw in gasoline inventories grabbed the attention of gasoline optimists, but the stock draw does not appear to be the work of revitalized demand. In fact, apparent gasoline demand data looked bleaker this week and is providing fodder for skeptics of recovering demand. The stock draw was far more the result of refiners responding to distillate cracks by boosting distillate yields, as well as lower gasoline imports. At 59.....