ClipperBlog

22 June

Oil rallying ahead of inventories

The frenetic price swings continue in the oil market today, as prices push higher ahead of the EIA's weekly inventory report, further buoyed by dollar weakness. Hark, here are five things to consider in oil markets today:

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21 June

Oil retraces amid broader market volatility

Once again, the oil market is being whipsawed around by currency swings under the influence of Brexit sentiment. Amid dollar strength, Nigerian truce hopes, and some profit-taking after two days of leaping higher, crude retraces. Hark, here are five things to consider in crude oil markets:

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20 June

Oil rallies with risk-on rebound

In honor of Brian Wilson's 74th birthday, the oil market is picking up some good vibrations to start the week. As Brexit fears abate and risk-on returns, crude is propelled higher by a weaker dollar. Hark, here are five things to consider in energy markets today.

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17 June

Oil rallies with sentiment turnaround

It is national flip-flop day, and the oil market is acting accordingly. After reaching a one-month low after six consecutive days of losses, crude has changed direction today, and is relief-rallying into the weekend on easing Brexit fears (ergo, a weaker dollar) and broader improving economic sentiment. Hark, here are five things to consider in oil markets today:

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Tagged ClipperBlog, Venezuela oil exports, gasoline days of cover, Latin America oil exports 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
15 June

Oil selling off on ongoing economic uncertainty

Forty-seven years after the birth of Ice Cube, and the bullish sentiment in the oil market is thawing once more. As economic conditions continue to look tepid, and supply outage fears melt, crude is moving lower for a fifth consecutive day. Hark, here are five things to consider in oil markets today.

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14 June

Oil falls as IEA report cannot offset strong dollar

One hundred and eighty-two years to the day after Isaac Fischer Jr. patented sandpaper, and the oil market is looking a little rough once more. Getting into the nitty gritty, crude is being ushered lower thus far today by a stronger dollar (h/t impending Fed meeting, Brexit fears), while a seemingly supportive IEA report has been unable to buoy prices. Hark, here are five things to consider in...

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13 June

Economic concerns weigh on oil

Seventy-two years after Marvin Camras patented the wire recorder, and movement in the oil market today is being dictated by hopes of stronger supply (production returning from outages) and firm demand (echoed by the OPEC report) - all amid a backdrop of economic concerns. Hark, here are six things to consider today in energy markets. 

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Tagged ClipperBlog, China oil production, North Dakota flaring, OPEC report, Chinese oil imports Leave a comment
12 June

ClipperClip: Surveying the Week Ahead

This evening's appearance on CNBC Asia with the mighty Dan Murphy was a quick tour of what could influence prices this week, along with a summary of the current US production landscape. Hark, click on the below mugshot to launch to the clip:

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10 June

ClipperClip: Broken China?

This morning's appearance on the set of CNBC's Squawk Box was a lot of fun (I assume the more Joe Kernen likes you, the more grief he gives you). Before we went off on a tangent about US energy policy, here is part of the interview discussing nutty Chinese import levels. Hark, click on the below mugshot to launch to the clip:

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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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