ClipperBlog

21 March

Saudi flows swing west once more

Crude prices are coming under selling pressure once again, as oversupply concerns dwarf OPEC production cut expectations. As equity markets join oil prices in charging lower, hark, here are six things to consider in oil markets today. 

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Tagged Saudi oil exports, Japan product exports, China vehicle sales Leave a comment
15 March

EIA oil draw due to lower imports

Crude prices are rebounding today, bouncing off the trampoline of price support at $48 for WTI, $50 for Brent. A surprise draw to U.S. crude inventories (not to some) has been behind the rally (see more below), while the monthly IEA report followed in OPEC's footsteps by showing higher Saudi production, and higher OECD petroleum inventories. All that said, hark, here are five things to...

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Tagged Saudi oil exports, refinery runs, OECD oil inventories 2 Comments
20 February

Something's gotta give

U.S. markets are closed today in observation of Presidents Day, but crude prices are still trucking on higher in thin electronic trading. Fun and games have been deferred until later in the week, with the EIA inventory report pushed back until Thursday. As for today, hark, here are five things to consider in oil and energy markets:

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Tagged LNG exports, Saudi oil exports, financial positioning, nuclear power 2 Comments
04 January

ClipperClip: Pedal to the metal

My first outing on CNBC Squawk Box this year was fun as always; it was a quick tour of key issues in the crude complex, including some immediate OPEC trends we are seeing in our ClipperData at the turn of the year. Hark, click on the below mugshot to launch to the clip:

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Tagged China oil demand, OPEC, Saudi oil exports 1 Comment
19 December

Market share battles persist

As we shuffle into two weeks of lower trading volume over the holiday period, and as we await next month's production cuts to start showing up in our export data (woot woot!), oil is looking decidedly undecided today. Hark, here are five things to consider in oil markets today.

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Tagged China oil imports, OPEC, Saudi oil exports Leave a comment
09 December

Saudi making tough choices

Oil prices remain bid up into the weekend, as the market adopts the first part of the motto 'buy the rumor, sell the fact' ahead of tomorrow's OPEC / NOPEC meeting. Ahead of the weekend's fun and games, hark, here are five things to consider in oil markets today:

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Tagged Saudi oil exports, nopec, azeri light Leave a comment
06 December

OPEC OUTPUT UP! UP! UP!

The crude complex is finally taking a breather after the recent OPEC-sponsored rally. We're now faced with the juxtapositioning of rising OPEC output versus promised cuts; something which could well become a recurring theme over the coming months. Weekly inventories beckon tomorrow, but hark, here are five things to consider in oil markets today:

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Tagged OPEC exports, Saudi oil exports, OPEC production 1 Comment
01 December

OPEC party continues on

An OPEC-inspired rally continues for a second day, as the prospect of a production cut means a likely swifter market rebalancing...if it were implemented. (And that is a big IF). Nonetheless, the constructive development is spurring on positive sentiment and buying interest. A non-OPEC meeting in Doha now looms next week, but for now, hark, here are five things to consider in oil markets today.

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Tagged OPEC, Saudi oil exports, refinery runs, Permian Basin, US shale Leave a comment
05 October

Saudi still pushing for market share

Oil prices are moving higher once again, boosted by a supportive weekly inventory report (and not OPEC rhetoric....refreshing!). As further distractions await in the coming days via data deluges, hark, here are five things to consider in oil markets today.

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Tagged Saudi oil exports, US oil imports, OSP, Alaska oil production Leave a comment
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

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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