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.....

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.....