ClipperBlog

22 March

OPEC arrivals lag to U.S. shores

Crude is heading lower today after a solid build to crude inventories from the weekly EIA inventory report. As U.S. inventories climb to a new record high, crude is having a tough time believing that the market is re-balancing. Hark, here are five things to consider in oil markets today:   

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Tagged Saudi Arabia oil exports, OPEC exports to the US, US oil inventories 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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