ClipperBlog

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
18 May

Crude oil continues to find price support

Thirty-eight years after 'The Buddy Holly Story' had its world premiere, and everyday, its a getting closer ($50 crude that is). After a deluge of economic data overnight, and ahead of the weekly EIA inventory report, crude is edging higher thus far. Hark, here are five things to consider in the oil market today.

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Tagged ClipperBlog, China crude oil imports, Saudi oil exports Leave a 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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