ClipperBlog

13 March

Oil steadies the ship

And it's shaping up to be another fun week in the crude complex, with OPEC releasing its monthly oil market report on Tuesday, swiftly followed by the IEA's monthly oil market report the day after. As oil is looking a little steadier after reaching our downside target, hark, here are five things to consider in oil markets today:

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Tagged Asia oil imports, retail gasoline prices, UAE oil exports Leave a comment
23 February

Asia is a crude magnet

After a bullish-tilted weekly EIA report, crude is holding onto gains - and once again bumping its head on the top of its trading range. As OPEC cuts and rising shale continue to do battle, hark, here are five things to consider in oil markets today.

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Tagged Brazil oil exports, Asia oil imports, pre-salt formations, US gasoline imports 2 Comments
16 January

Asia's oil reliance to continue rising

With markets closed today to witness Martin Luther King Jr. Day, prices are not surprisingly rather subdued amid quiet electronic trading. Nonetheless, fun and games will ramp up from tomorrow, with OPEC's monthly oil report out on Wednesday, swiftly followed by the IEA's monthly oil market report on Thursday - along with the delayed EIA weekly report. That said, hark, here are five things to...

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Tagged Asia oil imports, fracking, global lng market 1 Comment
29 November

OPEC's dominance in Asia

The gloves are off in Vienna and OPEC members are trading verbal blows about what they will or won't do in relation to production cuts. Finally the main event arrives tomorrow (finally!), while we also get the added bonus of a weekly inventory report to pique our interest. But for now, hark, here are five things to consider in energy today:

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Tagged OPEC oil exports, Asia oil imports Leave a comment
14 November

Dollar strength crushes crude

As the U.S. dollar pushes on to the highest level in a year, crude is correspondingly getting crushed today. While some may suspect the oil sell-off is due to a lack of confidence in an OPEC production cut at the end of the month, the reality is that the gale-force headwinds provided by a super-strong dollar are too much to take. Hark, here are five things to consider in oil markets today:

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Tagged OPEC, Asia oil imports Leave a comment
16 June

Oil lower for sixth consecutive day

Thirty-six years after the movie 'The Blues Brothers' opened in Chicago, and the black gold brothers of Brent and WTI are looking melancholic once more. As Brexit fears cause both uncertainty and a flight to the safety of the U.S. dollar, crude shuffles lower for a sixth consecutive day. Hark, here are five things to consider in oil markets today.

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Tagged ClipperBlog, Asia oil imports, gasoline, Iran oil exports 1 Comment

About the Author

Matt Smith deciphers and distills what is most relevant across the energy complex into cohesive and pithy knowledge you can use. The belly laugh is a bonus.

Matt Smith

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