ClipperBlog

26 April

Strong imports can't stop crude draw

In today's game of rock-paper-scissors from the weekly EIA inventory report, crude inputs were propelled higher (like a rock), blunting the impact of super-strong imports (the scissors). On paper, the crude draw is bullish, but a modest rally is being kept in check somewhat by solid builds to the products. Hark, here are five things to consider in oil markets today:  

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Tagged Saudi Arabia oil exports, Venezuela, refinery runs, Iraq oil exports, Trainer refinery Leave a comment
28 March

Rising Iraqi oil exports to the US

Two-hundred and twenty years to the day after the washing machine was patented, oil prices are continuing to spin around support at the $48 level. As buying interest returns today, ahead of the weekly inventory data, hark, here are five things to consider in oil markets today.  

 

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Tagged Iraq oil exports, mexico product imports, Saudi Aramco, producer hedging Leave a comment
27 March

OPEC pledge to lower crude exports

Oil prices are subdued to start the week, as the weekend's compliance meeting has done little to allay oversupply fears. As WTI continues to trek on in forty-dollardom, hark, here are five things to consider in oil markets today:

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Tagged Saudi Arabia oil exports, Angola oil exports, Iraq oil exports Leave a comment
17 March

Oil scared stiff

It is quadruple witching day in the markets today, and accordingly, oil prices are scared stiff, hardly budging. Despite it being St. Patrick's Day, prices are struggling to stay in the green, as market participants try to weigh up whether OPEC is going to continue its production cuts (or even implement them in the first place). Hark, here are five things to consider in oil markets today:

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Tagged Iraq oil exports, Saudi Arabia product exports, Saudi product exports Leave a comment
19 January

Iraqi oil output at a record

Oil is finding some support thus far today off the back of the IEA's monthly oil market report, which pointed to a tightening market amid OPEC production cuts. Hark, here are five things to consider in oil markets today.   

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Tagged Japan oil imports, IEA OMR report, Iraq oil exports, UAE oil exports Leave a comment
10 January

Oil oversupply fears return

Crude prices are once again on the defensive today as oversupply fears swirl. As the market waits with bated breath for the manifestation - or lack thereof - of OPEC / NOPEC cuts, hark, here are five things to consider in oil markets.  

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Tagged OPEC oil exports, Iraq oil exports Leave a comment
20 December

Iraq talking down its exports

Even though crude prices may be subdued amid thin trading over the holiday period, there is always a thing (or five) going on in the oil markets. Henceforth, hark...here are five things to consider in oil markets today:  

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Tagged Iraq oil exports, oil waiting offshore in the US Gulf, Asia refinery capacity Leave a comment
08 December

NOPEC hopes rally crude

The mood of crude has flipped again, with optimism rising ahead of the NOPEC meeting at the weekend. Even though doubts persist, for today, oil prices push higher. Hark, here are six things to consider in oil markets today.  

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Tagged Iraq oil exports, Basrah heavy, basrah light, tanker rates, Kirkuk oil Leave a comment
28 November

Deal or no deal?

We have a week which starts with cartel controversy, and concludes with Nonfarm Friday. Somewhere inbetwixt, we get the small matter of an OPEC meeting in Vienna. With that in mind, hark, here are five things to consider in oil markets today.

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Tagged OPEC, Saudi Arabia oil exports, Iraq oil exports Leave a comment
10 October

Oil producer jawboning at work again

Good day! With Nonfarm Friday now behind us, we can look forward to a week of oil-specific monthly releases from IEA (tomorrow), OPEC (Wednesday) and EIA (Thursday).

As the spotlight swings onto another meeting of global producers - this time in Istanbul this week - rhetoric out of Saudi and Russia is once again encouraging an oil rally. Hark, here are five things to consider in oil markets...

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Tagged floating storage, Iraq oil exports, Basrah heavy, fracking, US oil inventories, basrah light 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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