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: Focus shifts to Non-OPEC producers

As oil pauses for breath, so can we. After a hectic week, prices are ticking slightly higher into the weekend after a positive U.S. employment report. Although more shenanigans await next week, hark, here are five things to consider in oil markets today. 1) As the dust settles on the OPEC meeting, w ...

Market Currents: More twists left in the OPEC tale…

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 positive development is spurring on positive sentiment and buying interest. A non-OPEC meeting in Do ...

Market Currents: 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, h ...

Market Currents: OPEC deal still in the balance

We have a week which starts with cartel controversy, and concludes with Nonfarm Friday. Somewhere inbetwixt, we get the small matter of an OPEC meeting in Vienna. With that in mind, hark, here are five things to consider in oil markets today. 1) Back at the end of September, in the aftermath of the ...

Market Currents: Iran exports into EU ramping up

Happy Thanksgiving Eve! A fairly neutral EIA report – tilted a wee bit bullish for crude, bearish for the products – has been a welcome distraction, before a surgical focus has returned to every rumor and murmur out of OPEC delegates. So to distract from all of this, hark, here are five ...

Market Currents: US is 3rd largest recipient of OPEC oil

And it is Groundhog Day again, as the OPEC rumor-mill gets cranked up once more. Fortunately we get the welcome distraction of an inventory report tomorrow, while some respite follows that in the form of Thanksgiving. But for now, hark, here are five things to consider in oil markets today: 1) Looki ...

Market Currents: Middle East OPEC oil exports reach record

As OPEC optimism continues to grow, and as the dollar eases lower, crude is moving higher today in this holiday-shortened week (woot woot!). Hark, here are five things to consider in oil markets today: 1) A headline over the weekend reads ‘OPEC’s strategy is about exports not cuts‘ ...

Market Currents: An indicator of Venezuela’s potential bankruptcy

As the U.S. dollar climbs higher and higher (and higher), the crude complex is getting blown over by the gale-force headwinds it is providing. We edge closer and closer to the main event of the month (—>>> the OPEC meeting), but for now, hark, here are five things to consider in oil m ...

Market Currents: OPEC oil exports keep rising

Crude is pushing higher, fanned by OPEC production cut hopes, but kept somewhat in check by rampant US dollar strength on the back of positive U.S. economic data. Hark, here are five things to consider in oil markets today: 1) I was on CNBC Asia last night (clip can be seen here), discussing somethi ...

Market Currents: OPEC hopes offset EIA inventory builds

Oil is rallying for a second consecutive day, despite a bearish-tilted EIA report. As more weight is placed on behind-the-scenes OPEC meetings, financial positioning is shifting bullish once more. Hark, here are six things to consider in oil markets today. 1) While it seems beyond the realm of possi ...

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