Matt Smith is a Director of Commodity Research at ClipperData. Matt specializes in extracting key themes from technical and fundamental analysis of the global energy market, and communicating these through daily and weekly deliverables. He also provides oil and natural gas analysis and commentary to national and international media outlets that include CNBC, Fox Business, Russia 24, the Wall Street Journal, MarketWatch, AFP, Reuters, and The Oil Daily. Prior to ClipperData, he spent eight years at Schneider Electric as a Commodity Analyst, where he also founded and authored the blog, Energy Burrito. Prior to Schneider, he spent eight years at the Royal Bank of Canada in London as a portfolio manager and financial analyst.

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Market Currents: Imports, production boosting inventories

Oil is ticking lower today, under the weight of record crude and gasoline inventories, but with OPEC production cuts providing a supportive backdrop (…and peeking around the curtain). As Friday afternoon approaches, and the prospect of conflicting data from a rising rig count and bullishly-pos ...

Market Currents: U.S. Producers feel the love on Valentine’s Day

In honor of Valentine’s Day, oil prices are following the arc of Cupid’s arrow, and heading higher.  Although another likely bearish weekly inventory report lies in store tomorrow, production cut expectations carry more influence – at least today – to encourage a rally. Hark, ...

Market Currents: Russian production down, yet exports up

Oil is charging lower to start the new week, as the monthly OPEC oil market report has done little to assuage oversupply concerns – despite the cartel’s proclamations of production cut compliance and upward revisions to oil demand growth. Hark, here are five things to consider in oil mar ...

Market Currents: Changing dynamics of U.S. LNG, LPG and Oil

A supportive IEA monthly report has encouraged a Friday rally for black gold, Texas tea. As prices ping around in their current tight trading range, approaching resistance once again, hark, here are five things to consider in oil (…and LPG…and LNG!) markets today: 1) January saw yet anot ...

Market Currents: US oil, gasoline exports impact regional pricing

Oil prices are moving back toward the top of their recent trading range, looking to muster a test of resistance once more. As positivity abounds amid new intraday record highs for U.S. equity markets, hark, here are five things to consider in oil markets today: 1) There were a couple of things to no ...

Market Currents: US Gulf Coast oil inventories reach record

Today’s price action has been a case of sell the rumor, buy the (bearish) fact, as the affirmation of a gargantuan crude build from today’s weekly EIA report has stoked some buying interest. All we can suggest is that last night’s API print took the sting out of today’s numbe ...

Market Currents: LPG exports on the rise

Oil is getting tonked for a second consecutive day, as prices have run into resistance at the top of their trading range, sending them staggering lower once more. With record net-long speculative positioning, a couple of days of selling could really ignite a bout of profit-taking (especially with th ...

Market Currents: OPEC oil exports dropping to U.S.

Rather than rallying like Tom Brady and the New England Patriots, oil today is instead dropping faster than Lady Gaga’s mic, ushered lower by a stronger dollar and ongoing expectations of an amply-supplied market. Hark, here are five things to consider in oil markets today: 1) While OPEC ...

Market Currents: Venezuela still dodging a default

Happy Nonfarm Friday! Better-than-expected job creation last month is supporting sentiment on this first Friday of February, and crude is being swept along with this, being boosted as well by the announcement of sanctions on Iran. Hark, here are five things to consider in oil markets today: 1) While ...

Market Currents: Groundhog Day again for oil

Yes, it’s Groundhog Day again, and that dastardly Punxsutawney Phil has seen his shadow, predicting six more weeks of winter. Fortunately, he’s no good at forecasting (unlike the woolly worm), hence little attention should be paid. The crude complex is also seemingly stuck in Groundhog D ...

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