John Kemp

It seems as though U.S. oil producers and investors may have gotten a bit ahead of themselves by betting on a quick recovery. Despite OPEC delivering on its pledge to cut production by 1 million bpd, U.S. crude oil stockpiles remain at record levels. Oil investors betting that the OPEC production...

The global oil market has clearly stabilized in the past year. Many investors looking to profit off of the rebound in oil and oil stocks saw the OPEC production cut deal in December as the last remaining green light for the industry. However, WTI crude oil is up only 1.4 percent in the past two...

Donald Trump’s energy plan may not actually include independence from Saudi oil. According to Reuters analyst John Kemp, Trump’s promise to restrict Saudi oil imports is an “empty threat.” “Trump is first and foremost a showman and impresario rather than a policy wonk...

Last week’s OPEC production cut deal came as quite a surprise to the oil market, sending oil and energy stock prices soaring. While the modest cut in itself won’t do much to reduce the global supply of oil in the near-term, Reuters analyst John Kemp believes the deal is a sign...

It’s now been more than two years since WTI crude oil traded above $100/bbl, but the global oil market is still far from balanced. WTI prices have rebounded significantly from multi-year lows of $26.05 back in February, but U.S. crude oil now seems to have lost the momentum that carried it as...

Natural gas prices have plummeted to near all-time lows in the past year due to a huge oil and gas supply glut. However, according to Reuters' oil and gas analyst John Kemp, that same supply glut is masking a surge in U.S. gas demand. U.S. power producers burned a record amount of natural gas last...

Brent crude oil spot price has rebounded roughly 100 percent since February's low. As the market turns and seeks out a new equilibrium, hedge funds have been piling into the long-side of the trade. John Kemp is Reuters market analyst for the oil complex and he's real good at what he does...

The recent surge in oil prices from 13-year lows back in February may have potentially saved a handful of U.S. shale producers, but it has created some difficult hedging decisions for the entire industry. Oil producers have the option of using hedging to lock in current oil prices for 2017 and...

WTI crude oil prices have soared 37.6 percent in the past month, but the market remains divided on whether the oil rally is for real. Shares of the United States Oil Fund LP (ETF) (NYSE: USO) have only risen 28.0 percent during the past month, an indication that many investors are not convinced...