ClipperBlog

20 April

ClipperClip: Tension and Tariffs

This morning's appearance on CNBC's Worldwide Exchange hit the typical high notes re US output and and geopolitical tension, but we also discussed tariffs - and how a potential trade war could impact energy flows to China. Hark, click on the below mugshot to launch to the clip - while also check out the charts below of propane and crude flows referenced:

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Tagged Saudi Aramco IPO, China tariffs, geopolitical tension 2 Comments
13 April

ClipperClips: Here and There

I was on the set of CNBC Squawk Box this morning talking about the oil forward curve and gasoline fuel economy, as well as being on CNBC Asia last night, discussing geopolitical tension.

Being Friday the 13th, there were ghoulish events going on: Hark, click on the ghost over my left shoulder to launch to the clip for Squawk Box (is the second half of the segment), while the CNBC Asia clip is...

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Tagged gasoline demand, geopolitics Leave a comment
29 March

ClipperVlog: Venezuela

Today's vlog takes a look at Venezuelan flows, not only of exports, but of diluent imports as the Latin American nation tries to keep its exports flowing amid falling production. Hark, click on the below graphic to launch to the clip (and here is a link to yesterday's 'This Week in Petroleum').

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Tagged venezuela crude exports, naphtha exports to Venezuela 2 Comments
28 March

ClipperVlog: US Crude Export Trends

Happy Middle O'Week! In an effort to bring our ClipperData to life a bit more, here's an inaugural vlogpost discussing a Wall Street Journal article from earlier this week about US oil exports, which was based on our data. We also take a look at some of the current and emerging trends we see.

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Tagged Asia oil imports, us crude exports 2 Comments
23 March

A China Benchmark and Basrah Light

After being in the works for well over half a decade, China is finally launching its own crude futures contract next week, with the ultimate goal of creating a yuan-denominated global crude benchmark. The contract will comprise of seven grades that can be accepted for delivery: Dubai Fateh, Upper Zakum, Oman Export, Masila, Qatar Marine, Shengli and Basrah Light.

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Tagged Oman oil exports, Basrah heavy, basrah light Leave a comment
20 March

Out of the Basin and into the Sink

At the good ship Clipper, we like to look at flows from two perspectives: sinks and sources. The sources are the main origins of the flows: The key exporting regions such as the Middle East, Latin America and West Africa. As for the sinks, they are key regions to which these barrels drain into. 

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Tagged angola crude exports, west african crude exports Leave a comment
15 March

Sweet! Crude!

'IMO 2020' is going to usher in a mammoth sea change for the global petroleum market. On January 1, 2020, the International Maritime Organization (hark, IMO) - the agency that regulates the global shipping market - will enforce a global sulfur cap of 0.5% on marine fuels.

While this is this going to have the biggest impact on fuel oil and middle distillates, it is also going to influence the...

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Tagged heavy sweet crude 4 Comments
09 March

The more things change...

In the latter half of last year, we highlighted how Saudi deliveries to Motiva's Port Arthur refinery had been surpassed by Iraqi barrels for the first time on our records. While this trend has now reversed, when it comes to total OPEC flows, the more things change, the more they stay the same. 

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Tagged Saudi crude exports, US crude imports, Iraq crude exports Leave a comment
07 March

ClipperClips: All Shook Up 

After yesterday morning's appearance on CNBC's Squawk Box talking supply and demand, I book-ended the day with an evening appearance on CNBC Asia. Steel tariffs remained front and center, particularly as Gary Cohn's resignation hit the wires about 7 seconds before the interview started...

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Tagged steel tariffs, texas standard, us natural gas exports Leave a comment
06 March

ClipperClip: The Bigger Picture 

I was on the set of CNBC's Squawk Box this morning, doing a trading block segment with currency guru Nick Bennenbroek. We avoided the 800-pound gorilla in the room - the impact of tariffs on the energy industry - with anchor Joe Kernen instead focusing on global demand and supply. Hark, click on the below mugshot to launch to the clip.   

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Tagged US shale production, OPEC crude exports 1 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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