ClipperBlog

05 January

Hell for leather

The phrase 'hell for leather' first appeared in the Rudyard Kipling story, 'The Valley of the Shadow', relating to riding on horseback, and defined as 'breakneck speed, or with reckless determination'. This is a more than adequate way to describe the crude exports of Saudi Arabia, UAE and Kuwait in the past month.

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Tagged Nigeria oil exports, OPEC oil exports, OPEC production cuts Leave a comment
29 November

OPEC's dominance in Asia

The gloves are off in Vienna and OPEC members are trading verbal blows about what they will or won't do in relation to production cuts. Finally the main event arrives tomorrow (finally!), while we also get the added bonus of a weekly inventory report to pique our interest. But for now, hark, here are five things to consider in energy today:

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Tagged OPEC oil exports, Asia oil imports Leave a comment
02 November

ClipperClip: Bamboozling

This morning's appearance on the set of CNBC Squawk Box was a fun affair as always; we addressed the current price move lower, and the possibility of OPEC bamboozling the market at the end of the month. Hark, click on the below mugshot to launch to the clip.

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Tagged OPEC oil exports Leave a comment
09 September

Sell the rally one more time

Yesterday's emphatic rally in response to the biggest crude draw since Britney Spears was number one with '...Baby one more time' (err, January 1999) is being unravelled as realization dawns that the factors that caused yesterday's gargantuan draw were transitory in nature. Hark, here are today's things to consider in energy markets:   

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Tagged OPEC oil exports, hurricane season, Libya Leave a comment
17 August

Oil inventories distract from jawboning

Today's weekly EIA inventory report has provided a very (very) welcome distraction from the production freeze jawboning. A solid draw to crude stocks, helped in large part by another large draw to the West Coast (h/t low imports) has been a supportive element, as has a solid draw to gasoline. Refinery runs hit their highest level for the year to boot...hence oil has pared losses. Hark, here...

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Tagged LNG exports, OPEC, OPEC oil exports Leave a comment
05 August

Strong jobs, weak oil

Welcome to another Nonfarm Friday! As job creation last month was mucho better than consensus (255,000 jobs created versus 180,000 expected, with an upward revision to prior data to boot), broader markets have a skip in their step, and are heading higher. Rising expectations of an interest rate hike return once more, hence a strengthening dollar is putting concrete boots on a third consecutive...

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Tagged ClipperBlog, Saudi oil exports, Iraq crude oil loadings, OPEC oil exports, Iran 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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