Call Information – Wednesday, August 22, 2018 at 2:00 PM EST
Participating Dialing Instructions
Toll Free:
Toll:
UK: 0
Confirmation Number: 13682779
In a follow-up invite, we will provide a full event details (video link, materials link and dial-in)
Join us for a special call with Samir Madani, co-founder of TankerTrackers.com for an alternative data analysis and discussion of major developments impacting global oil markets. Hedgeye’s senior energy policy analyst Joe McMonigle will lead the call and discussion with Samir.
Among the topics to be discussed are:
Saudi oil production in July – Saudi Arabia's assertion that it cut production in July to 10.29 million barrels per day (b/d) from June’s 10.49 million b/d came as a surprise since it telegraphed that it would lead the OPEC 1 million b/d production increase. The Saudis told reporters and analysts on background that production this summer would hit 10.8 million b/d. Meanwhile, Platts had Saudi July production at 10.63 million b/d and EIA had it at 10.6 million b/d. Even OPEC put Saudi production higher at 10.387 million b/d. TankerTrackers believes the number is closer to Platts/EIA and will explain their data analysis as well as give an outlook on the first 14 days of Saudi exports in August.
US sanctions on Iran oil exports – Bloomberg last week reported that Iranian crude exports were down by 700,000 b/d as a result of impending US sanctions that become effective in November. TankerTrackers will present their analysis of changes to Iran oil exports to date and provide a forecast of future changes as sanctions become implemented.
China demand – World energy demand forecasts are heavily impacted by data from China regarding imports and storage as well as the ongoing trade dispute with the Trump Administration. TankerTrackers will present their analysis of China demand and imports as well as other factors they see affecting the market.
US crude exports – The US now exports more crude than several OPEC members. In June, US crude exports hit a record 3 million b/d, and China receives about 20 percent of those barrels. TankerTrackers will present their analysis of US export trends as well as how crude imports to the US are still affecting US weekly inventory data.
TankerTrackers.com is an independent online subscription service that tracks and reports shipments and storage of crude oil in several geographical and geopolitical areas of interest. Partnering with leading satellite and maritime tracking technology companies, the firm is able to provide an analysis of ongoing events, maritime export reports, inventory/production forecasts, and satellite visuals wherever clandestine activity is taking place. TankerTrackers.com’s research provides oil traders, investors, journalists, scholars, enthusiasts and many more with a simple and digestible bird's eye view of what's going on in the world of oil.
