ClipperBlog

30 September

Ministers writing checks that OPEC can't cash

Surely the latest actions by OPEC in Algiers threatens the very core of the cartel, given its members have agreed to something that is going to be extremely difficult to follow through on. To coin a phrase (well, kind of) from Top Gun, the cartel's oil ministers are writing checks that OPEC can't cash.

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Tagged Saudi oil exports, Saudi Arabia, Libya, Iraq, Iraq oil exports 2 Comments
23 September

Going through the motions

Crude prices are selling off, aided by Saudi comments that a decision will not be forthcoming from next week's OPEC meeting in Algiers. Add to this news that the Federal Reserve is looking to restrict bank involvement in physical commodities...and dollar strength as the cherry on top...and oil is heading lower into the weekend. Hark, here are five things to consider in oil markets today:

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Tagged OPEC, Saudi oil exports, Iran oil exports, Iraq oil exports, Permian Basin Leave a comment
08 September

Large oil draw surprises market

 As a humongous draw to oil inventories has wrong-footed the market, crude prices have ripped higher in response. Hark, here are five things to consider in oil markets today:

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Tagged OPEC, Saudi oil exports, Iran oil exports, Iraq oil exports, inventory report Leave a comment
30 August

ClipperClip: Not warming to a freeze

It was great to be on the CNBC Squawk Box set again, made all the more fun by getting to meet Davis Love III in the green room with the Ryder Cup. We covered (the anchors and myself, not Davis Love III ) next month's meeting of OPEC and key oil producers, as well as retail gasoline prices and U.S. domestic production. Hark, click on the below mugshot to launch to the clip:

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Tagged OPEC, Saudi Arabia, gasoline, Iran oil exports, Iraq oil exports 2 Comments
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
29 June

Oil marching on as sentiment improves

Once again, broader markets are maintaining a risk-on stance, with a falling dollar helping to usher crude prices higher. With weekly inventories bringing focus back to U.S. fundamentals as we charge toward a holiday weekend (stay strong, my friends), here are five things to consider relating to oil and energy today. 

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Tagged ClipperBlog, Saudi Arabia oil exports, Iran oil exports, Iraq 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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