ClipperBlog

09 August

Oil eyes inventory data, OPEC shenanigans

As the latest inventory report comes back into focus, and as OPEC murmurs and rumors persist, oil prices are rallying once more - further aided by a pinch of dollar weakness. Hark, here are five things to consider in oil markets today.

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Tagged ClipperBlog, India crude oil imports, Mexico gasoline imports Leave a comment
09 August

ClipperClip: Dismissing OPEC freeze rumors

I had a fun chat with Bernie Lo on CNBC Asia last night about a whole host of things. Part of the interview is featured below, where we discussed the likelihood - or the lack thereof - of an OPEC production freeze. Hark, click on the below mugshot to launch to the clip:

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Tagged ClipperBlog, OPEC, Saudi oil exports, refinery maintenance season, Iraq oil exports Leave a comment
08 August

Oil up on OPEC rumors and short-covering

As renewed rumors and murmurs rise up of another OPEC production freeze meeting, it is having the desired effect that certain OPEC members would want: oil is rallying like a mad thing. After short positions on WTI reached a record in the latest CFTC data, the production freeze rumor-mill has spurred on a solid bout of short-covering it would seem. Hark, here are five things to consider in oil...

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Tagged ClipperBlog, China crude oil imports, China oil production Leave a comment
05 August

Strong jobs, weak oil

Welcome to another Nonfarm Friday! As job creation last month was mucho better than consensus (255,000 jobs created versus 180,000 expected, with an upward revision to prior data to boot), broader markets have a skip in their step, and are heading higher. Rising expectations of an interest rate hike return once more, hence a strengthening dollar is putting concrete boots on a third consecutive...

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Tagged ClipperBlog, Saudi oil exports, Iraq crude oil loadings, OPEC oil exports, Iran oil exports Leave a comment
04 August

$40 is a trampoline for oil prices once more

As crude hopscotches back above the $40 level, it is once again being used as a trampoline, propelling prices higher. Despite the Bank of Blighty (England) cutting interest rates for the first time in seven years, the crude complex is shrugging off dollar strength and rallying strongly for a second day. Hark, here are five things to consider in oil markets today.

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Tagged ClipperBlog, Norwegian oil revenues, Venezuelan exports 1 Comment
03 August

Crude holding around $40

Crude is rebounding today ahead of the inventory report, pushing aside oversupply fears for now. Hark, here are five things to consider in energy markets today:

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Tagged ClipperBlog, Qua Iboe, natural gas widowmaker, Nigeria exports, Forcados Leave a comment
02 August

Oil using $40 as a trampoline

After dipping briefly into thirty-dollardom yesterday, WTI is now using the $40 level as a trampoline. It is managing to muster a bounce today amid a dollar sell-off and a shift in focus towards tomorrow's inventory report and a potential set of draws. Hark, here are five things to consider in oil markets today.  

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01 August

Oil clinging on in forty dollardom

A new week, a new month, a new sell-off. Crude prices are charging lower to start the week as a plethora of bearish indicators emerge to encourage crude lower. Hark, here are five things to consider in the oil market today.

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Tagged ClipperBlog, China oil imports, Venezuela oil production Leave a comment
01 August

File Under: Floating storage concerns

This morning's appearance on CNBC Squawk Box gave me the opportunity to share some of our proprietary insights into global floating storage, and what we're seeing in terms of cargo flows. Hark, click on the below mugshot to launch to the clip:

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29 July

Oil is trying to rebound

A weaker U.S. dollar is once again wafting smelling salts under the nose of the crude market, and this time it appears to be working. A large miss for preliminary Q2 U.S. GDP has further stoked economic concerns, but the love/hate relationship betwixt crude and the U.S. dollar means crude is trying to close with its first gain in seven attempts. Hark, here are four things to consider in energy...

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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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