Senior Market Analyst, Commodities and Energy
John's Feed
Oct 5, 2015

U.S. motorists opt for larger vehicles, lower fuel economy: Kemp

LONDON, Oct 5 (Reuters) – U.S. motorists are opting for
larger, more powerful cars with worse fuel economy in response
to the sharp drop in gasoline prices.

The average fuel economy for vehicles sold in the United
States in September was 25.2 miles per gallon, down by 0.6 mpg
since August 2014, according to the University of Michigan
Transportation Research Institute.

Oct 5, 2015

Uncertainty about China hangs over oil rebalancing: Kemp

LONDON (Reuters) – Substantially lower oil prices are on the way to rebalancing the oil market, as demand accelerates and both shale and other non-OPEC oil production turns down.

But how quickly the rebalancing is completed depends critically on whether rapid demand growth reported in the first half of 2015 can be sustained in the second half of the year and into 2016.

Oct 2, 2015

Uncertainty about China hangs over oil rebalancing

LONDON (Reuters) – Substantially lower oil prices are on the way to rebalancing the oil market, as demand accelerates and both shale and other non-OPEC oil production turns down.

But how quickly the rebalancing is completed depends critically on whether rapid demand growth reported in the first half of 2015 can be sustained in the second half of the year and into 2016.

Sep 30, 2015

Global oil demand growing at fastest pace for five years: Kemp

LONDON, Sept 30 (Reuters) – World oil demand surged in the
first six months of 2015 compared with the same period in 2014,
according to national estimates submitted to the Joint Oil Data
Initiative (JODI).

Petroleum demand is responding in the expected manner to a
halving in the price of crude and significant declines in the
price of most fuels in most consuming countries, as well as
continued economic expansion in much of the world.

Sep 29, 2015

Trouble looms for developing countries as commodity revenues collapse: Kemp

LONDON, Sept 29 (Reuters) – Slumping commodity prices pose a
serious challenge to economic and political stability in
developing economies across Latin America, Africa, the Middle
East and Asia.

According to the United Nations Conference on Trade and
Development, 94 developing countries depended on commodities for
more than 60 percent of their merchandise export revenues in
2012/13.

Sep 28, 2015

Britain’s oil demand is growing again: Kemp

LONDON, Sept 28 (Reuters) – UK petroleum consumption is
growing at some of the fastest rates for a decade, as strong
economic growth and cheaper fuel prices spur increased use.

Consumption of petroleum products rose by 1.6 percent in the
first six months of 2015 compared with the same period a year
earlier, according to the UK Department of Energy and Climate
Change (DECC) (link.reuters.com/zud75w).

Sep 28, 2015

U.S. jet fuel demand is rising strongly: Kemp

LONDON, Sept 28 (Reuters) – Fuel consumption by U.S.
airlines is growing at some of the fastest rates for a decade,
according to data published by the federal government.

U.S. carriers consumed 1.6 billion gallons of fuel in July,
up 3.4 percent from the same month a year earlier (link.reuters.com/qad75w).

Sep 24, 2015

OPEC is winning battle to stimulate gasoline demand: Kemp

LONDON, Sept 24 (Reuters) – OPEC’s bid to curb production of
high-cost oil is taking time to produce results but the
organisation is already making good progress on its other
objective of stimulating fuel demand.

In the first half of the year, gasoline deliveries into U.S.
local markets jumped by 4.3 percent compared with the same
period in 2014, according to the U.S. Energy Information
Administration.

Sep 24, 2015

U.S. gasoline sales surge at fastest for over a decade

LONDON (Reuters) – Gasoline sales to U.S. motorists rose by more than 5 percent in July compared with the same month a year before, according to the U.S. Energy Information Administration (EIA).

Gasoline sales are rising at the fastest year-over-year rates for more than 14 years as demand surges.

Sep 23, 2015

U.S. gasoline sales surge at fastest for over a decade: Kemp

LONDON, Sept 23 (Reuters) – Gasoline sales to U.S. motorists
rose by more than 5 percent in July compared with the same month
a year before, according to the U.S. Energy Information
Administration (EIA).

Gasoline sales are rising at the fastest year-over-year
rates for more than 14 years as demand surges.

    • About John

      "John joined Reuters in 2008 as one of its first financial columnists, specialising in commodities and energy. While his main focus is on oil markets, he has written broadly on the emergence of commodities as an asset class, regulatory issues and macroeconomic themes. Before joining Reuters, John spent seven years as a senior analyst for Sempra Commodities (now part of JP Morgan) covering base metals and crude oil. Previously, he worked as an analyst on world trade, banking and financial regulation for consultancy Oxford Analytica."
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