January 31, 2025 08:24 GMT
ENERGY: What to Watch: Rig Counts & COT
ENERGY
- The latest Baker Hughes rig count data is due for release at 13:00ET. The US oil rig count last week fell to the lowest since Dec. 21 at 472 but the gas rig count edged up to 99.
- The ICE and Nymex commitments of traders reports are due for release after the close today at 18:30GMT and 15:30ET. Funds last week raised the combined Brent and WTI net long oil positioning to the highest since April and ICE Gasoil positions to the highest since July. Nymex diesel switched to a net long for the first time since May but Nymex gasoline net long position fell to the least bullish since October.
| Release | Type | Release date | Release Time |
| Nymex CFTC report | weekly | 31-Jan-25 | 15:30 ET |
| ICE COT report | weekly | 31-Jan-25 | 18:30 GMT |
| Baker Hughes rig count | weekly | 31-Jan-25 | 13:00 ET |
| JMMC Meeting | bi monthly | 3-Feb-25 | |
| Caixin China manufcaturing PMI | monthly | 3-Feb-25 | |
| S&P Global US manufacturing PMI | monthly | 3-Feb-25 | |
| US ISM manufacturing PMI | monthly | 3-Feb-25 | |
| API oil data | weekly | 4-Feb-25 | 16:30 ET |
| EIA weekly oil | weekly | 5-Feb-25 | 10:30 ET |
| Genscape crude ARA inventories | weekly | 5-Feb-25 | 09:00 GMT |
| EIA weekly gas | weekly | 6-Feb-25 | 10:30 ET |
| Insights product ARA inventories | weekly | 6-Feb-25 | |
| Singapore oil product stockpile | weekly | 6-Feb-25 | 08:00 GMT |
| BOE | monthly | 6-Feb-25 | 12:00 GMT |
| US nonfarm payrolls | monthly | 7-Feb-25 | 08:30 ET |
| MTC Azeri March loading program | monthly | 7-Feb-25 | |
| Nymex CFTC report | weekly | 7-Feb-25 | 15:30 ET |
| ICE COT report | weekly | 7-Feb-25 | 18:30 GMT |
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