Posts Tagged ‘brent’

2 Dec 15 2014 @ 7:30am by Matt Smith in Crude Oil, Global Energy

Actions Speak Louder Than Words

With soooooooo much talk swirling about the current oil price drop, I feel compelled to focus less on the rhetoric and more on the data. So the vibe of this post lands somewhere inbetwixt Elvis Presley’s ‘a little less conversation, a little more action‘ and one of my boss’s favorite phrases: ‘In God we trust, all others must bring data‘. » read more

0 Dec 4 2014 @ 9:33am by Matt Smith in Crude Oil

File Under: Pin the Tail on the Donkey

I had a decent run on CNBC’s Squawk Box this morning with a segment all to myself (hark, just before sunrise). We discussed the usual suspects – OPEC, Saudi Arabia, global price pain-points, and yep – US shale break-evens. I compared pinpointing a single number for US shale break-evens to playing ‘pin the tail on the donkey’. Alas, they always cut my funny bits from the clips. Hark click on the below mugshot to launch to part of it: 

2 Nov 5 2014 @ 12:50pm by Matt Smith in Crude Oil

File Under: Saudi & Shale

The topic of morning’s appearance on CNBC’s Squawk Box was once again back to oil, Saudi, and shale break-evens, and how low could we go…..hark, click on the below mugshot to launch to part of the interview:

0 Sep 12 2014 @ 7:42am by Matt Smith in Crude Oil, Global Energy

File Under: London Buses…

I broke out my London bus tie for this morning’s appearance on Squawk Box, as bearish influences in the crude market have been like them – you wait for ages for one, and then they all arrive at the same time. Hark, click on the below mugshot to launch to the clip:

0 Apr 25 2013 @ 3:13pm by Matt Smith in Capital Markets, Crude Oil, Economy, Global Energy, risk management

Dot-to-Dot-to…Not?

My favorite moment of the working day is doing a dot-to-dot. And it happens every morning, after booting up my computer; I look across the various asset classes, and start connecting the dots.

After the first few screens, it becomes progressively easier to predict what is coming next: dollar down = risk on, equities up = bond prices down, risk off = metals down. But joining the dots has gone askew recently. So from the starting point of mortgage rates to a crude conclusion, here’s how joining the dots isn’t as simple as going from A to B. » read more