NORTH AMERICAN RIG WATCH | March 05, 2021

March 5, 2021

Please find below the links to this week's detailed rig reports and a quick recap of the North American oil and gas drilling activity as reported by Baker Hughes. US: Baker Hughes shows 402 active rigs as of March 05, 2021, higher by +1 from the previous week. Oil rigs increased by +1 to 310 (ht: +2; vt-dir: -1), and gas-directed rigs were unchanged at 92 (ht: +1; vt-dir: -1). Horizontal oil rigs increased by +3 in Permian (TX), by +1 in Anadarko (TX) and by +3 in Other areas not associated w.....

NGL MARKET RECAP | March 03, 2021

March 03, 2021

Dear , Please find below the link to this week’s NGL Market Recap, which provides an overview of North American NGL statistics as well as global LPG prices, spreads/arbitrages and ratios. Data and charts of the Mont Belvieu non-LST to FEI, Propane Arbitrage and Butane Arbitrage are not available today, due to an issue with our data provider.

DOE CRUDE STATS | March 03, 2021

March 03, 2021

Good morning, Please find below a recap of the DOE’s weekly crude stats and a link to our detailed tables. U.S. crude oil inventories rose by +21563k bbl in the week ended February 26, while Cushing stocks grew by +485k bbl. Distillate inventories decreased by -9719k bbl and gasoline inventories fell by -13624k bbl. Major data points: Crude oil inventories: Rose by +21.56m bbl (vs. the API estimate of +0.74m bbl). Stocks in Cushing grew by +0.49m bbl (vs. the API estimate of +0.73m bbl) and now.....

CFTC COT | February 26, 2021

February 26, 2021

Please find below the links to data and charts detailing the latest CFTC Commitments of Traders Report for the week ended February 23. We provide all Legacy and Disaggregated trader positions for natural gas, WTI, Brent, gasoline, heating oil and gasoil. Non-commercials increased net length in Brent , but decreased in natural gas, WTI, gasoline, heating oil and gasoil during the reference week. Non-commercials net length in natural gas declined by -2.7k to +389.4k in futures and decreased by -15.....

NORTH AMERICAN RIG WATCH | February 26, 2021

February 26, 2020

Please find below the links to this week's detailed rig reports and a quick recap of the North American oil and gas drilling activity as reported by Baker Hughes. US: Baker Hughes shows 401 active rigs as of February 26, 2021, higher by +5 from the previous week. Oil rigs increased by +4 to 309 (ht: +1; vt-dir: +3), and gas-directed rigs increased by +1 to 92 (ht: +1; vt-dir: unch). Horizontal oil rigs increased by +3 in Permian (TX), while declining by -1 in Monterey (CA) and by -1 in Other .....

NGL MARKET RECAP | February 24, 2021

February 24, 2021

Dear , Please find below the link to this week’s NGL Market Recap, which provides an overview of North American NGL statistics as well as global LPG prices, spreads/arbitrages and ratios. Data and charts of the Mont Belvieu non-LST to FEI, Propane Arbitrage and Butane Arbitrage are not available today, due to an issue with our data provider.

DOE CRUDE STATS | February 24, 2021

February 24, 2021

Good morning, Please find below a recap of the DOE’s weekly crude stats and a link to our detailed tables. U.S. crude oil inventories rose by +1285k bbl in the week ended February 19, while Cushing stocks increased by +2807k bbl. Distillate inventories fell by -4969k bbl and gasoline inventories increased by +12k bbl. Major data points: Crude oil inventories: Rose by +1.29m bbl (vs. the API estimate of +1.03m bbl). Stocks in Cushing grew by +2.81m bbl (vs. the API estimate of +2.74m bbl) and no.....

CFTC COT | February 19, 2021

February 19, 2021

Please find below the links to data and charts detailing the latest CFTC Commitments of Traders Report for the week ended February 16. We provide all Legacy and Disaggregated trader positions for natural gas, WTI, Brent, gasoline, heating oil and gasoil. Non-commercials increased net length in natural gas, WTI, Brent and heating oil , but decreased in gasoline and gasoil during the reference week. Non-commercials net length in natural gas grew by +4.4k to +392.1k in futures and rose by +13.3k to.....

NORTH AMERICAN RIG WATCH | February 19, 2021

February 19, 2021

Please find below the links to this week's detailed rig reports and a quick recap of the North American oil and gas drilling activity as reported by Baker Hughes. US: Baker Hughes shows 396 active rigs as of February 19, 2021, unchanged from the previous week. Oil rigs decreased by -1 to 305 (ht: +1; vt-dir: -2), and gas-directed rigs increased by +1 to 91 (ht: unch; vt-dir: +1). Horizontal oil rigs increased by +1 in Bakken (ND) and by +1 in Permian (TX), while declining by -1 in Permian (NM.....

NGL MARKET RECAP | February 18, 2021

February 18, 2021

Dear , Please find below the link to this week’s NGL Market Recap, which provides an overview of North American NGL statistics as well as global LPG prices, spreads/arbitrages and ratios. Note: Abnormally wide frac spreads in this week's report are a result of extreme natural gas prices in the cash market. US regional gas prices skyrocketed due to frigid weather in the South Central and the catastrophic failure in the Texas electricity market. Data and charts of the Mont Belvieu non-LST to FEI.....