John Kemp

John Kemp is a Reuters market analyst. leads a group of specialist energy and commodities analysts for Reuters. His expertise lies in oil and gas, refining, energy policy, international trade, and the financial and foreign policy aspects of energy. Before joining Reuters in 2008, John worked as a senior analyst for Sempra Commodities, now part of JPMorgan. And, prior to that, he spent five years focusing on all aspects of the international economy as well as North American public policy for consultancy Oxford Analytica. John holds a degree in Philosophy, Politics and Economics (PPE) from Oxford University.
John Kemp
Europe's record gas stocks start to pressure prices
More recently, conflict in the Middle East and the possible disruption of gas imports has helped keep European prices high
China and India struggle to curb fossil fuels
China and India appear to be moving along the same trajectory, increasing their use of indigenous coal even as they import more oil and gas
Investors dumped oil among fastest rates in last decade: Kemp
With working inventories just 60 billion cubic feet above the prior ten-year seasonal average, the prospect of a colder winter has been enough to lift prices off their previous lows at last
India relies on coal to meet record power demand
To ensure sufficient fuel on hand, India’s domestic mines boosted coal production by almost 65 million tonnes in the first eight months of 2023 compared with the same period in 2022
Is oil market’s glass half full or half empty?
Production cuts by Saudi Arabia and its allies in OPEC⁺, as well as the declining oil and gas rig counts in the US, are likely to deplete inventories later in 2023 and into 2024
Global distillate stocks low despite industrial slowdown
Distillate fuel oils such as diesel and gas oil are mostly used for freight transport, manufacturing and construction
Europe's gas prices stabilise as storage additions slow
With inventories accumulating much more slowly, the market adjustment appears well underway already
Saudi Arabia’s 'lollipop' has yet to sweeten oil prices
The unilateral Saudi cut, described by the country’s oil minister as a “lollipop”, is for a month, but could be extended