ClipperBlog

31 August

Lower imports indicate slowing teapot demand

Crude prices are softening for a third consecutive day thus far, as a decent ADP employment report out in the U.S. has boosted expectations from Friday's official employment report, as well as for an interest rate hike. The dollar is looking higher again, while oil prepares itself for a build to crude stocks from the weekly EIA report. Hark, here are five things to consider in oil markets...

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Tagged Nigeria oil exports, Qua Iboe, China SPR, China product 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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