Posts By: Matt Insley

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Matt Insley

The Managing Editor of the Daily Resource Hunter, Matt is the Agora Financial in-house specialist on commodities and natural resources.  He holds a degree from the University of Maryland with a double major in Business and Environmental Economics.  Although always familiar with the financial markets, his main area of expertise stems from his background in the Agricultural and Natural Resources (AGNR) department.  Over the past years he’s stayed well ahead of the curve with forward thinking ideas in both resource stocks and hard commodities. Insley's commentary has been featured by MarketWatch.

Record U.S. Petroleum Production Ensures Energy Security

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EIA reports that U.S. refineries have hit record processing volumes of 16.8 million barrels per day in the past 2 weeks. Lower costs of production, expansions of refining capacity, and increasing demand in both domestic and foreign markets facilitated record refining numbers. The report also noted that the upsurge in U.S. production provides America with […]

U.S. Declares Neutrality in Iraqi Export Dispute

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A federal judge has voided the U.S. of responsibility for a tanker carrying a load of Kurdish crude, sold by regional rulers with Baghdad’s consent, ruling that the rights to the sale of the oil should be settled in Iraq. According to Reuters, the latest dispute over exports illustrates Iraqi Kurds’ desire for political and […]

Big Oil Moves Back to Developed Nations

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In a major change, major oil companies today are much less willing to risk focusing a majority of capital in developing nations, where conflict has been growing in recent years. The Wall Street Journal reports, Shell and Exxon have each increased investment within the Organization for Economic Cooperation and Development, the club of the world’s […]

Gold Rebounds from Two-Week Decline

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The price of gold has surged over the $1300 mark after reaching as low as $1289.40 on July 24. Gold is in greater demand again as a safe haven, according to Bloomberg, as conflict abroad has hit a fever pitch in the past few days. Analysts will keep an eye on geopolitical tensions and the […]

Large Shale Gas Reserves Discovered in China

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Sinopec, the world’s fifth biggest company by revenue, is sitting on top of 107 billion cubic meters of proven gas reserves in southwest China, according to Rigzone. Unfortunately, production efforts have been thwarted by a lack of technological infrastructure capable of extracting gas from China’s complex shale formation. To the winner who can develop this […]

Australia First to Reverse Energy Tax

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In an unprecedented move, Australia has repealed a tax levied on industrial carbon dioxide emissions. The country’s largest mining company, BHP Billiton Ltd., welcomes the removal of a carbon tax which was triple the rate of Europe’s, reports Bloomberg. Analysts expect the decision to shake up the competitive balance of energy markets.

You Can’t Escape the Sinking Dollar

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Here’s a fun fact: Although we all hate the U.S. dollar, as it continues to hemorrhage wealth, its foothold as the world’s reserve currency isn’t going to disappear overnight. A Russian gas deal with China won’t change that — as we’ll highlight below. But before we get to the nitty-gritty, let’s dive into a story […]

SE Asian Pirates Add Premium to Crude

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East Africa is no longer the hotbed of piracy attacks. Now, the Malacca Strait, a gateway that a quarter of the world’s sea-borne oil passes through between the Middle East and Asia, has been plagued by a string of sophisticated fuel tanker heists in the past year. Hijackings in Indonesia add to an already heightened […]

Aluminum Likely to Surge on Auto Industry Demand

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The effect of soaring crude prices has no bounds. U.S. automakers are combatting high gasoline costs by using aluminum to make cars lighter, increasing fuel efficiency. Yahoo Finance analysts predict the price of the metal, currently around $1,900/ton, could rise to as high as $2,50/ton as U.S. automakers continue to focus cars that are aluminum […]

U.S. Shale Drillers Insulated from Price Swings

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U.S. shale oil companies are looking forward to years of sustainable growth, reports Platts. The early days of narrow margins and steep production declines are evolving thanks to technology, and making shale recovery rates higher and costs lower. Analysts predict that these efficiencies will outpace near-term decline in world oil prices and shield U.S. oil […]

Sanctions Debilitate Russian Oil Industry

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A slew of accidents have occurred in Russian oil refineries this year due to cost cutting initiatives. According to Reuters, frequent fires are blamed on aging infrastructure and under qualified staff. Analysts believe depreciation of the ruble, isolated by economic sanctions, is the cause of oil companies’ under investment. The upside is that Russia’s customers […]

Obama Can’t Take Credit for the U.S. “Shale Gale”

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After years of talking about the American oil and gas boom… I’ve got to get something off my chest. I can’t stand it when a coworker takes credit for something I did. Whether it’s a special report I wrote or just a little investing trick I found on my own — if someone takes it […]

Market Analysts Bullish on Platinum

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Peculiarly, platinum holders have relished South Africa platinum miner strikes of late. Responsible for 45% of the world’s platinum output, South Africa mine production has been disrupted at a time when demand from global auto and industrial sectors is high. Consequently, platinum spot price is forecasted to rise as high as $1,850 in 2015, according […]

Whiting Gains Market Share in Lucrative Bakken

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Whiting Petroleum Corp. (WLL) has purchased Kodiak Oil & Gas Corp. for $3.8 billion, making it the second largest leaseholder in the Bakken with 855,000 net acres. Bakken shale is home to the U.S. oil landscape’s most highly coveted assets. Wells drilled in the Bakken produce an average of 510 barrels per day, more than […]

Crude Slides as Libya Resumes Oil Production

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Oil production in Libya’s largest oil field, Sharara, is already approaching two thirds of its production capacity after 2 major oil ports were re-opened this week, reports the WSJ. This comes after oil production was disrupted for over a year because of rebel occupation of key export terminals. Analysts forecast the return of Libyan oil […]

Gold Prices Jump after Release of Fed Minutes

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A frenzy of trading activity in the gold markets was set in motion by the release of transcripts from last month’s Federal Reserve meeting. A glut of buying sent the price of gold up for the first time in several days. According to MarketWatch, the news gave investors further reason to hedge against inflation with […]

Japan Buys First Export of U.S. Condensate

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Enterprise Product Partners has sold its first load of condensate to Japan at the heels of receiving approval to export minimally processed condensate from the Department of Commerce. Reuters reports the bulk of condensate will be exported to Asia in the near future, with splitters in China, Japan, and South Korea capable of processing 900,000 […]

U.S. Tops Saudi Arabia as World’s Biggest Oil Producer

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America sits atop the perch of world oil production, as energy drawn from shale formations serves as the catalyst for our economic recovery. According to Bloomberg, U.S. oil production along with natural gas liquids outpaced all other countries, with daily output surpassing 11 million barrels in the first quarter. Analysts speculate the recent federal ruling […]

Iran Nuclear Talks Hold Major Implications for Energy Markets

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18 days remain for Iran and western powers to reach an agreement over Iran’s nuclear capabilities. Existing sanctions of Iran’s oil exports will likely be eased if the country scales down efforts to expand its nuclear program, according to Bloomberg. Experts believe unlocking the door to the world’s 4th largest oil reserves would diminish the […]

Car Sales Carry Platinum, Palladium Prices Higher

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Platinum and palladium, key components of car exhaust systems, rose 1.6% and 1.3% respectively on news of encouraging car sales data for the month of June. According to the WSJ, GM’s monthly sales increase of 1% is the most since 2007. Analysts expect platinum and palladium prices to keep pace with the level of car […]

Asia Eager to Exploit U.S. Oil Export Ruling

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In a private ruling, U.S. regulators allowed two U.S. oil companies to export oil subject to a refining process that is far less intensive than was previously required. The judgment comes at a time when domestic supplies of ultra-light condensate are overflowing. This makes for favorable conditions for Asian condensate buyers. “We don’t mind if […]

Investors Flocking to Vaunted Energy Sector

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Energy-centric ETFs have drawn the largest amount of new investment this past year out of all 12 categories of ETFs, according to data collected by Bloomberg, due to the industry’s low costs, efficient production, and the climbing price of crude oil. Analysts see willingness to increase dividend payouts to stockholders as a promising sign that […]

Big Opportunity in the “Baby Bakken”

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Earlier this year on a trip to Denver, I got a firsthand look at one simple fact: America is an energy juggernaut. Today, I want to share some insight and give you a front-row seat to America’s next big shale play. Let’s get to it… In the past 10 years, the U.S. has turned the […]

Price of Copper Dented by Economic Lapse

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Copper prices fell on news of a disappointing 1st quarter GDP for the U.S., second largest copper consumer behind China. According to Bloomberg analysts, a drop in the orders for durable goods in May helped signal a decline in the price of copper, chief product of durable goods production. Economists are keeping an eye on […]

U.S. Loosens Reins on Shale Oil Exports

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Regulators eased restrictions on oil exports, allowing two shale oil refining companies to export a form of minimally processed condensate, reports the WSJ. The ruling sets a precedent for other oil refiners to follow, breaking further away from the ban on oil exports made 30 years ago. U.S. shale oil companies are primed to profit […]