Tag: Saudi Arabia oil production

ClipperClip: Follow the flows

Today’s appearance on CNBC Squawk Box addressed the current quandary faced by Saudi Arabia, as well as how the bearish sentiment in the market is reflected in weak fundamentals via rising oil in transit and higher floating storage.

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ClipperClips: A Royal Rout

In the aftermath of 12 consecutive down days for oil I appeared on CNBC Asia overnight and CNBC Squawk Box first thing this morning. Different aspects of the recent rout were covered in each appearance: on Squawk Box we addressed OPEC and Saudi Arabia production, while on CNBC Asia we focused on US supplies and export demand.

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Twists and turns

Today’s blog post takes a look at Saudi oil production, Iraqi oil exports, Chinese oil demand, OECD inventories, and U.S. oil-producing states.

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