OIL PRICE MONITOR | February 05, 2016

February 5, 2016

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 freight rates.


NORTH AMERICAN RIG WATCH | February 05, 2016

February 5, 2016

Baker Hughes shows 571 active rigs as of February 5, 2016, lower by -48 from the previous week. Oil rigs decreased by -30 to 467 (ht: -22; vt-dir: -8) while gas-directed rigs dropped by -18 to 104 (ht: -7; vt-dir: -11). Horizontal oil rigs decreased by -9 in Eagle Ford (TX), by -5 in Anadarko (OK) and by -3 in Anadarko TX) and Permian (NM). Gas-directed horizontal rigs decreased by -3 in Haynesville (LA) and by -2 in Marcellus ( SWPA ), while increasing by +4 in Eagle Ford (TX).


DOE CRUDE STATS | February 03, 2016

DOE Report: February 03, 2016

U.S. crude oil inventories rose by +7792k bbl in the week ended January 29, while Cushing stocks grew by +747k bbl. Distillate inventories decreased by -777k bbl and gasoline inventories grew by +5938k bbl. We also remind our clients that in-depth analysis of DOE weekly petroleum statistical releases can be conducted using the “Commodities Analytical Toolkit” in the Data Portal section of our website ( www.lcmc-research.com ). Major data points: Crude oil inventories : Rose by +7.79m b.....


CFTC COT | February 01, 2016

Commitments of Traders Report – February 01, 2016

Please find attached data and charts detailing the latest CFTC Commitments of Traders Report for the week ended January 26. 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, natural gas, gasoil, heating oil and WTI , but decreased in gasoline during the reference week. Non-commercials net length in natural gas declined by -0.4k to +13.0k in futures and grew by +13.9k t.....


OIL PRICE MONITOR | January 29, 2016

January 29, 2016

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 freight rates.


NORTH AMERICAN RIG WATCH | January 29, 2016

January 29, 2016

Baker Hughes shows 618 active rigs as of January 29, 2016, lower by -18 from the previous week. Oil rigs decreased by -13 to 497 (ht: -8; vt-dir: -5) while gas-directed rigs dropped by -5 to 122 (ht: -5; vt-dir: unch). Horizontal oil rigs decreased by -11 in Permian (TX) and by -4 in Permian (NM), while increasing by +3 in Anadarko (OK). Gas-directed horizontal rigs declined by -1 in Granite Wash (OK), Marcellus ( NEPA ) and Woodford (Arkoma).


DOE CRUDE STATS | January 27, 2016

DOE Report: January 27, 2016

U.S. crude oil inventories rose by +8383k bbl in the week ended January 22, while Cushing stocks fell by -771k bbl. Distillate inventories decreased by -4057k bbl and gasoline inventories grew by +3464k bbl. We also remind our clients that in-depth analysis of DOE weekly petroleum statistical releases can be conducted using the “Commodities Analytical Toolkit” in the Data Portal section of our website ( www.lcmc-research.com ). Major data points: Crude oil inventories : Rose by +8.38m .....


CFTC COT | January 25, 2016

Commitments of Traders Report – January 25, 2016

Please find attached data and charts detailing the latest CFTC Commitments of Traders Report for the week ended January 19. 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, gasoline, gasoil and WTI , but decreased in natural gas and heating oil during the reference week. Non-commercials net length in natural gas fell by -6.2k to +13.4k in futures and declined by -0.3k.....


OIL PRICE MONITOR | January 22, 2016

January 22, 2016

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 freight rates.


NORTH AMERICAN RIG WATCH | January 22, 2016

January 22, 2016

Baker Hughes shows 637 active rigs as of January 22, 2016, lower by -13 from the previous week. Oil rigs decreased by -5 to 510 (ht: -1; vt-dir: -4) while gas-directed rigs dropped by -8 to 127 (ht: -10; vt-dir: +2). Horizontal oil rigs increased by +2 in Anadarko (OK) and +1 in Permian (TX), but dropped by -2 in Bakken (ND) and in areas not associated with a specific play. Gas-directed horizontal rigs declined by -3 in Eagle Ford (TX) and -4 in Haynesville (TX).