CFTC COT | June 25, 2010

June 25, 2010

Please find attached stats and charts detailing non-commercial net long positions for WTI , natural gas, heating oil, and RBOB as indicated by the CFTC’s Commitments of Traders report. Net longs in WTI fell -2.4k in futures only to 86k and -18k to 152k in futures and options combined ( NYMEX futures, NYMEX swaps, and ICE swaps), with slightly larger declines among money managers. Net length in natural gas declined as well, falling by 9.4k to 130k in futures and options combined ( NYM.....

DOE CRUDE STATS | June 23, 2010

Refiner restraint vs. weak gasoline demand

DOE CRUDE STATS June 23, 2010 Refiner restraint vs. weak gasoline demand This week’s stats continue to indicate very weak gasoline demand along with distillate demand that continues to reflect economic recovery. Refiners have responded to relatively stronger distillate margins by boosting distillate output while dialing back on gasoline production, somewhat mitigating the gasoline inventory glut. But in lending a modicum of support to gasoline prices, refiners are also undermining the .....

CFTC COT | June 18, 2010

June 18, 2010

Please find attached a summary detailing the latest CFTC Commitments of Traders Report. The PDF file includes stats and graphs regarding non-commercial net length for WTI crude oil, natural gas, RBOB , and heating oil for the week ending June 15. In WTI , non-commercial net length increased by 28.8k contracts to 88.4k in futures only and by 24.8k to 170.8k in futures and options combined (summing NYMEX futures and swaps with ICE swaps). Looking to the disaggregated data, money mana.....

DOE CRUDE STATS | June 16, 2010

Mixed signals for product markets

DOE CRUDE STATS June 16, 2010 Mixed signals for product markets In this week’s DOE stats, inventory numbers and apparent demand numbers seem to be whispering different messages to product markets. While the gasoline inventory surplus declined slightly, apparent demand numbers remain historically very weak. Meanwhile, commercial distillate storage continues to surge but apparent distillate demand remains well ahead of year-ago levels and even within shouting distance of pre-recession .....

CFTC COT | June 11, 2010

June 11, 2010

Please find attached stats and charts detailing non-commercial positions in WTI , natural gas, heating oil, and RBOB , as indicated by this week’s CFTC Commitments of Traders report. The last page also summarizes inflows and outflows from commodity index funds. Non-commercial net long WTI positions dropped 12k to 60k in futures only, but fell only marginally by 3.5k to 146k in futures and options combined (aggregating NYMEX futures and swaps with ICE swaps). Money manager net longs i.....

DOE CRUDE STATS | June 09, 2010

June 09, 2010

DOE CRUDE STATS Crude oil inventories : Drew 1.83m bbl, vs. expectations of a 900k bbl draw. With a 1.87m bbl build in PADD V (West Coast), inventories east of the Rockies drew a big 3.7m bbl due to a 4.66m bbl draw in PADD III (Gulf Coast). Cushing storage fell by 473k bbl while broader PADD II (Midcontinent) inventories ticked up marginally. Gasoline inventories: Drew just 8k bbl vs. expectations of a 500k bbl draw. Distillate inventories: Built 1.8m bbl, well above the exp.....

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.....