NORTH AMERICAN RIG WATCH | January 13, 2012

Schlumberger (Smith) Rigs

STATS shows 1,843 active rigs as of January 13, 2012, down -6 rigs from a week ago. Oil rigs rose by +7 (ht: -1, vt-dir: +8) and total gas rigs dropped by -13 (ht: -4, vt-dir: -9). Eagle Ford Gas rigs dropped by -6 and Oil rigs rose by +7, which would imply re-classification.


DOE CRUDE STATS | January 11, 2012

January 11, 2012

U.S. crude oil inventories rose by +4,958k bbl in the week ending January 6, while Cushing stocks drew -191k bbl. Distillate inventories increased by +3,985k bbl and gasoline inventories posted a gain of +3,610k bbl.


CFTC COT | January 06, 2012

Commitment of Traders Report - January 6, 2012

Please keep in mind that the annual rebalancing of the S&P GSCI and Dow Jones- UBS Commodity indexes will take place from January 9 to 13, and should be reflected in the CFTC data for January 10 and 17 (and in the reports dated January 13 and 20). Twenty percent of the rebalancing size is adjusted each day using the closing price of the futures contract on that day. Please find attached data and charts detailing the latest CFTC Commitments of Traders Report for the week ended January 3......


OIL PRICE MONITOR | January 06, 2012

January 6, 2012

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 weekly DOE EIA data.


NORTH AMERICAN RIG WATCH | January 06, 2012

Schlumberger (Smith) Rigs

STATS shows 1,849 active rigs as of January 6, 2012, down -26 rigs from a week ago. Oil rigs rose by +1 (ht: +5, vt-dir: -4) and total gas rigs dropped by -27 (ht: -31, vt-dir: +4). West Virginia Marcellus horizontal gas rigs dropped by -14, from 42 to 28. Moreover, total number of horizontal oil rigs in WV remained zero, suggestion the sharp drop is not due to rig re-classification. It is likely that the suspension of operations at five wells used for disposing of hydraulic fracturing flowb.....


DOE CRUDE STATS | January 05, 2012

January 5, 2012

U.S. crude oil inventories rose by +2,209k bbl in the week ending December 30, while Cushing stocks drew -613k bbl. Distillate inventories increased by +3,224k bbl and gasoline inventories posted a gain of +2,479k bbl.


CFTC COT | December 30, 2011

Commitment of Traders Report - December 30, 2011

Please find attached data and charts detailing the latest CFTC Commitments of Traders Report for the week ended December 13. 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 climbed in WTI , gasoline and heating oil during the week ended December 27. Non-commercials increased net length in WTI by 11.5k to 201.2k in f.....


OIL PRICE MONITOR | December 30, 2011

December 30, 2011

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 weekly DOE EIA data.


NORTH AMERICAN RIG WATCH | December 30, 2011

Schlumberger (Smith) Rigs

STATS shows 1,875 active rigs as of December 30, 2011, up +2 rigs from a week ago. Oil rigs rose by +1 (ht: +5, vt-dir: -4) and total gas rigs rose by +1 (ht: unch, vt-dir: +1).


DOE CRUDE STATS | December 29, 2011

December 29, 2011

U.S. crude oil inventories rose by +3,899k bbl in the week ending December 23, while Cushing stocks drew -289k bbl. Distillate inventories increased by +1,205k bbl and gasoline inventories posted a draw of -692k bbl.