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: Oil imports rise, crude-by-rail drops

Crude prices are moving lower once again today, as another weekly inventory report comes into focus, with the prospect of rising product inventories. Hark, here are seven things to consider in crude markets today: ...

Market Currents: Chinese oil inventories trump Nigeria export concerns

After breaking technical support at $44, crude is charging lower to start a new week, once again weighed down by oversupply fears. As short positions build in the latest CFTC data, crude heads lower. Hark, here are six things to consider in crude markets today: 1) Nigeria is facing supply constraint ...

Market Currents: Iran crude oil loadings drop in June

Crude is heading lower into the weekend as supply glut fears persist, while further endorsement of a sell-off is provided by a stronger dollar. Hark, here are seven things to consider in crude markets today: 1) While the latest OPEC monthly oil market report shows Iranian oil production at over 3.6 ...

Market Currents: Mexico oil exports drop, shift away from U.S.

After a mixed bag of economic data, crude is charging lower, with a hangover from yesterday’s inventory report and on ongoing concerns of bloated inventories. Hark, here are five things to consider in the oil market today. 1) Mexico has launched its second round of oil auctions, offering a tot ...

Market Currents: Saudi’s share of key oil markets is falling

Crude prices have reversed losses post-inventory report, despite a bearish build to gasoline stocks. As crude tries to clamber away from key technical support, hark, here are five things to consider in markets today. 1) Halliburton CEO Dave Lesar is the voice of optimism despite the oil services com ...

Market Currents: U.S. LPG exports hit by global oversupply

Crude is drifting lower, looking rather trepidative ahead of another weekly inventory report, while dollar strength is also helping to put the kibosh on a rally. Hark, here are five things to consider in crude markets today: 1) According to Reuters, strong demand from India for heavy crude has helpe ...

Market Currents: Five things to consider in oil markets today

As broader markets steady themselves after Friday’s failed coup attempt in Turkey, the crude complex is starting the week focusing on strong supply, potentially faltering demand to sell off strongly. Hark, here are five things to consider in oil markets today: 1) This morning’s post out ...

Market Currents: Nigeria oil exports continue apace

Crude is lacking conviction to finish the week – being pushed and prodded around: caught in the undertow of rising equity markets, but being held in check by a firming dollar. Hark, here are five things to consider in the oil market today. 1) The news flow from Nigeria continues apace. No soon ...

Market Currents: U.S. East Coast gasoline woes continue

Another day, another dollar (rally). Crude prices are again coming under downward pressure as economic concerns swirl and uncertainty swells. That said, dollar strength was mucho more apparent earlier in the day; as the dollar eases from its highs, oil is paring its losses – ahead of weekly in ...

Market Currents: Oil with a post-holiday hangover

As the oil market returns to full strength after the Independence Day break, crude prices are charging lower, egged on by a strengthening dollar (well, weakness elsewhere – pound, I’m looking at you). As economic concerns rise again, crude is looking downbeat. Hark, here are five things ...

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