Dominic Haywood

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Dominic specialises in North American crude oil market analysis. His work at Energy Aspects centres on supply and demand fundamentals, with a particular emphasis on regional crude balances, trade flows and cash grades. Prior to Energy Aspects he worked for a London based commodity fund as an oil derivatives trader, and for UBS in New York. Dominic holds a BA from Nottingham University, a GDL in Law from the University of Law and an MBA with distinction in Global Energy from Warwick Business School.

Recent publications

  • | US Department of Energy

    Extract from crude oil:A softer set of weekly statistics last week saw US total commercial stocks build by 2.8 mb, the first build in nine weeks, but that hardly changes the overall trajectory, with the cumulative draw in total inventories amounting to 55.2 mb in the past eight weeks. Crude stocks b…

    3 days ago - Read more

  • | US Department of Energy

    Extract from crude oil:US crude stocks built by 2.2 mb to 457 mb, driven by exports plunging to below 0.9 mb/d (from 2.1 mb/d in the prior week), although this is lower than various tanker tracking estimates. As a result, PADD 3 stocks rose by 1.6 mb. Despite this small build, October crude stocks d…

    1 week ago - Read more

  • | US Department of Energy

    Extract from crude oil:US crude stocks fell by 2.4 mb w/w as imports fell by 0.55 mb/d w/w and exports surged by 0.21 mb/d w/w. Runs dropped by 10 thousand b/d w/w, production rose by 46 thousand b/d w/w, and the SPR discharged 0.8 mb. This brings the cumulative US stockdraw to just under 10 mb in O…

    2 weeks ago - Read more

  • | US demand and trade – Aug 2017

    US oil demand fell by 0.11 mb/d (-0.6%) y/y to 20.16 mb/d. This represents a 0.71 mb/d downward revision to the weekly data, larger than our forecast for a 0.4 mb/d downward adjustment. However, although overall demand fell, demand for the four main products rose by 0.26 mb/d y/y, while demand for o…

    2 weeks ago - Read more

  • | US oil and shale output – Aug 2017

    August US liquids production totalled 14.07 mb/d, higher y/y by 0.81 mb/d, but lower than our forecast 14.21 mb/d. Crude production fell by 32 thousand b/d m/m to 9.2 mb/d, higher y/y by 0.49 mb/d, compared to our expectations for a 67 thousand b/d m/m decline. The crude declines were led by Texas a…

    2 weeks ago - Read more