All
  • All
  • Articles
  • Squawks
  • Trade views
  • Must reads
  • Videos
  • Calendar
Views
Write a Squawk
No posts
  • Calendar event / Wednesday at 15:30 GMT
    High Crude Oil Stocks, Net Chg (Bbl)
    +2.9M
    +9.527M
    High Gasoline Stocks, Net Chg (Bbl)
    -0.7M
    +2.846M
    High Distillate Stocks, Net Chg (Bbl)
    -0.5M
    -0.689M
    Med Crude Oil Stocks (Bbl)
    518.119M
    Med Gasoline Stocks (Bbl)
    259.063M
    Med Distillate Stocks (Bbl)
    170.057M
    Med Refinery Usage
    87.4%
    Med Total Prod Supplied (Bbl/day)
    18.663M
    Med Total Prod Supplied, Net Chg (Bbl/day)
    -2.151M
  • Squawk / Wednesday at 13:56 GMT
    Head of Commodity Strategy / Saxo Bank
    Denmark
    It is once again time for the weekly 'Petroleum Status Report' from the EIA at 1530 GMT. In recent weeks this report has created a great deal of head scratching with the price of oil rallying despite inventories rising by more than expected. This situation has led to an article in today's Financial Times to which i provided some comments. Link: https://goo.gl/OYjBTZ
    API saw inventories rise by 9.9m bbl last week with EIA surveys looking for 3.5m bbl. The report includes a whole host of other data with the most important being collected in the chart below. Only 23k b/d needs to added before production breaks the 9m b/d mark so that may also attract some attention.
    Calendar link: https://www.tradingfloor.com/posts/us-eia-weekly-petroleum-status-report-2984512
    Read the Squawk
    4d
    John Roberti John Roberti
    oil prices have made a roundtrip between 52,90 and 53,56 in a matter of 1h00 after EIA ! no explanations???
    4d
    John Roberti John Roberti
    analysing in detail the eia report, I found a discrepancy: we have minus 6.1 million barrels in imports versus last week and plus 3,1 million in export...
    3d
    AndrejLences AndrejLences
    Please Ole. And what do you think about Natural Gas price in next half a year ? Do you agree with EIA STEO forecast ? Thank you...
  • Calendar event / Tuesday at 21:30 GMT

    US API Weekly Statistical Bulletin

    forecast
    actual
    Med Crude Stocks, Net Chg (Bbls)
    +9.9M
    Med Gasoline Stocks, Net Chg (Bbls)
    +0.7M
    Med Distillate Stocks, Net Chg (Bbls)
    +1.5M
    5d
    AIRLINE AIRLINE
    Hei Ole,

    Only +9.9 mill.! Wow, that's a buy signal! Yea, sure!

    Before, in "normal" oil trading times (3-4 years ago) such a figure...
  • Article / 13 February 2017 at 9:21 GMT

    COT: Record longs in WTI and copper reduced — #SaxoStrats

    Head of Commodity Strategy / Saxo Bank
    Denmark
    COT: Record longs in WTI and copper reduced — #SaxoStrats
    Hedge funds reduced their overall commodity exposure for a second week up until February 7. New short selling of oil and copper helped reduce record longs. Demand for precious metals continued, while strong buying was seen in corn and wheat before the monthly supply-and-demand report.
    Read the article
  • Squawk / 10 February 2017 at 12:53 GMT
    Technical Analyst in Financial Market / commoditymarket2008 Advisory Services
    India
    WTI Crude Oil Trading View: as per my view, almost hit 100% target 53.02 & 53.84 and recent high 53.83, after holding above my resistance level 52.35, all traders book profit & enjoy...
    Read the Squawk
    10 February
    commoditymarket2008 commoditymarket2008
    EURJPY already hit my 1st target ...
    10 February
    Cecio Contrarian Cecio Contrarian
    I saw yesterday :)
    6d
    mariakol mariakol
    what about now
  • Squawk / 09 February 2017 at 10:31 GMT
    Technical Analyst in Financial Market / commoditymarket2008 Advisory Services
    India
    WTI Crude Oil Trading View: as per my view, almost hit 1st target 53.02 & recent high 52.96, after holding above my resistance level 52.35, safe traders book profit & rest wait for 53.84...
    Read the Squawk
    09 February
    commoditymarket2008 commoditymarket2008
    am following in Commodities: Gold/Silver/WTI Crude Oil & Copper, In Index: Dow Jones/DAX/SP 500 & FTSE and few others, In Forex: EUR/USD,GBPUSD,EURJPY,USDJPY and lots of others....
    09 February
    Cecio Contrarian Cecio Contrarian
    Thanks. You should start posting your portfolio, I thunk it would make your profile more attractive :) PS I found your Squawk on Bloomberg CN as well...
    09 February
    commoditymarket2008 commoditymarket2008
    wow, sound looks good...
  • 09 February
    matsuri matsuri
    it seems that nothing can bring down the oil price. even the worst news will be covered by extrememly little good news. surprising. I am curious how...
  • Calendar event / 08 February 2017 at 15:30 GMT
    High Crude Oil Stocks, Net Chg (Bbl)
    +2.5M
    +13.83M
    High Gasoline Stocks, Net Chg (Bbl)
    +1.1M
    -0.869M
    High Distillate Stocks, Net Chg (Bbl)
    +0.3M
    +0.029M
    Med Crude Oil Stocks (Bbl)
    508.592M
    Med Gasoline Stocks (Bbl)
    256.217M
    Med Distillate Stocks (Bbl)
    170.746M
    Med Refinery Usage
    87.8%
    87.7%
    Med Total Prod Supplied (Bbl/day)
    20.814M
    Med Total Prod Supplied, Net Chg (Bbl/day)
    +1.507M
  • Squawk / 08 February 2017 at 13:12 GMT
    Head of Commodity Strategy / Saxo Bank
    Denmark
    Crude oil trading lower for a third day ahead of the "Weekly Petroleum Status Report" from the EIA. The 14.2 m bbl inventory rise reported by the API yesterday has set the stage for crude inventories to overshoot to the upside once again. The three previous reports however were all overwhelmingly bearish but the price nevertheless managed to rally following an initial setback.
    Before API oil had already been drifting lower. This in response to weak gasoline price action. Earlier this week the RBc1 retraced more than 50% of the November to January rally. This in response to an above seasonal inventory rise combined with data pointing towards slowing demand.
    Rising gasoline inventories will put refinery margins under pressure and that could reduce demand for crude oil at a time where weekly production estimates continue to improve.
    In WTI crude oil we are keeping an eye on $50.70 and $52.25.
    https://www.tradingfloor.com/posts/us-eia-weekly-petroleum-status-report-2978581
    Read the Squawk
    08 February
    Ole Hansen Ole Hansen
    US inventories by 13.83 MM bbls but it is being off-set by a drop in gasoline inventories (a rise was expected) while implied gasoline demand rose following...
    08 February
    Ole Hansen Ole Hansen
    Charts
    08 February
    John Roberti John Roberti
    Dear Ole, We still have a net increase in stock after deduction of the variance of import while no increase in gasoline stock and no decrease...
  • Squawk / 08 February 2017 at 12:50 GMT
    Technical Analyst in Financial Market / commoditymarket2008 Advisory Services
    India
    WTI Crude Oil Trading View: now having resistance zone 52.35 & recent high 51.86, above holding means 53.02 & 53.84 easily looking other wise again come down up to 51.08 & 50.30...
    Read the Squawk
    08 February
    Cecio Contrarian Cecio Contrarian
    Have you seen? I am profitable now, I would like to rise my Stop Loss cause the inventories were scary
    08 February
    commoditymarket2008 commoditymarket2008
    right now you are in profitable but we bought @ 51.57 level...
    08 February
    Cecio Contrarian Cecio Contrarian
    let's wait for 53 then