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: Crude stocks fell by 7.2 mb w/w to 483.4 mb, taking the month-to-date draw across July to 19.5 mb—versus our full month expectation of a 13 mb draw. Stocks are now lower y/y by 7.1 mb, for the first time since November 2014. Total commercial inventories fell by 9.5 mb, takin..

    16 hours ago - Read more

  • | US Department of Energy

    Extract from crude oil: Another week of draws, this time by 10.2 mb, took the cumulative draw in total US commercial stocks over the past three weeks to 27.5 mb, at a rate of 1.3 mb/d. Crude stocks fell by 4.7 mb to just below 491 mb, higher y/y by only 1.8 mb with PADD 2 inventories falling yet aga..

    1 week ago - Read more

  • | Canada oil data – May 2017

    Canadian liquids production likely fell by 14 thousand b/d m/m in May, to 4.34 mb/d, but was still higher by a huge 0.78 mb/d y/y. The strong y/y growth rate in May was driven by a low base, due to last year’s wildfires ravaging the oil sands. The modest m/m drop comes despite synthetic crude produc..

    1 week ago - Read more

  • | Living in the present

    Notwithstanding a bit of softness at the front of the Brent curve, physical crude differentials are improving. The return of Indian crude buying after a prolonged refinery maintenance period is supporting Nigerian differentials, while Chinese and North Asian refiners are switching to lighter grades—..

    1 week ago - Read more

  • | US Department of Energy

    Extract from crude oil: US crude stocks fell by an impressive 7.6 mb last week (with USGC stockdraws accounting for a total 6 mb of this), even after absorbing the last of the SPR drawdowns (3.15 mb). Thus, total commercial US inventories went below 500 mb for the first time since January and were h..

    2 weeks ago - Read more