Spencer Kimball

Spencer Kimball is an Energy Reporter for CNBC.com. He covers energy markets and has written extensively on topics such as crude oil prices, natural gas prices, and renewable energy sources. His articles often provide insights into the latest developments in the energy sector and their impact on global markets. In addition to his reporting, Kimball is known for his engaging writing style that makes complex topics accessible to a wide audience.

Biography:  https://www.cnbc.com/spencer-kimball/

82%

The overall score is a weighted number that takes into account conflict of interest, bias, deception and other practices that undermines the credibility of the source. It is calculated as:
Analysis.OverallConflictOfInterestScore * 0.3F + Analysis.OverallBiasScore * 0.3F + Analysis.DeceptivenessScore * 0.3F + Analysis.ReadabilityScore * 0.1F

A score that takes into consideration the content for flow, interruptions with ads, and overt search engine optimization techniques that makes the content hard to understand

The Daily's Verdict

This author has a mixed reputation for journalistic standards. It is advisable to fact-check, scrutinize for bias, and check for conflicts of interest before relying on the author's reporting.

Bias

80%

Examples:

  • The author implies that Hamas is responsible for the conflict without providing context on why Israel was unwilling to accept a ceasefire offer.
  • The author uses language that depicts one side as extreme or unreasonable by referring to the Israeli bombardment in Gaza as a 'war' rather than an act of self-defense.

Conflicts of Interest

100%

Examples:

No current examples available.

Contradictions

85%

Examples:

  • International benchmark Brent has been in the $81-$83 per barrel range for the past month and has not reached $100 per barrel despite rising non-OPEC production, higher interest rates, and concerns about demand due to slower economic growth in Europe and China.
  • Oil prices have rallied to five-month highs and are on pace for a weekly gain as tensions boil in the Middle East with Israel closing embassies over threats from Iran
  • Oil prices have risen more than 2% as Goldman sees supply deficit on summer fuel demand
  • U.S. crude oil has risen by 4.5% for the week, while Brent has added 4.2%

Deceptions

66%

Examples:

  • The article states that 'oil prices have rallied to five-month highs' but does not provide any evidence of this.

Recent Articles

Hurricane Beryl Impacts Gulf Coast Oil Production and Prices: A Look at the Latest Developments

Hurricane Beryl Impacts Gulf Coast Oil Production and Prices: A Look at the Latest Developments

Broke On: Monday, 08 July 2024 Tropical Storm Beryl made landfall near Matagorda, Texas, causing reductions in Gulf Coast refining operations and shutting in production from the Perdido platform. Despite potential impacts on supply, some analysts remain optimistic that prices will not significantly increase due to the storm's forecasted weakening and minimal effect on gasoline prices. The upcoming hurricane season is also a concern for investors, with Colorado State University predicting an 'extremely active' season this year. U.S. crude oil prices were averaging $3.50 per gallon nationwide on July 8.
U.S. Crude Oil Prices Surge Past $81: Summer Fuel Demand and China's Economic Data Boost Market

U.S. Crude Oil Prices Surge Past $81: Summer Fuel Demand and China's Economic Data Boost Market

Broke On: Tuesday, 18 June 2024 U.S. crude oil prices surpassed $81 per barrel on Tuesday, with Brent reaching $85.33, driven by risk-on sentiment and summer fuel demand expectations. China's retail sales beat forecasts but industrial output and investment disappointed, contributing to the rally.
Federal Court Dismisses ExxonMobil's Lawsuit Against Climate Activist Shareholders

Federal Court Dismisses ExxonMobil's Lawsuit Against Climate Activist Shareholders

Broke On: Tuesday, 18 June 2024 A federal court in Texas dismissed ExxonMobil's lawsuits against Arjuna Capital and Follow This, allowing the shareholder groups to continue advocating for climate science at Exxon's annual meetings. The dispute centered on whether climate risk is a legitimate business concern and the use of shareholder proposals. After Arjuna agreed not to submit future climate-related proposals, Judge Mark Pittman dismissed the case, seen as a victory for investors' right to raise concerns with public companies.
Oil Prices Surge Past $78 and $81 Per Barrel for WTI and Brent Respectively: Goldman Sachs Forecasts Further Rise in Q3

Oil Prices Surge Past $78 and $81 Per Barrel for WTI and Brent Respectively: Goldman Sachs Forecasts Further Rise in Q3

Broke On: Monday, 10 June 2024 Oil prices surged over 2% on Monday, reaching $78.13 for WTI and $81.56 for Brent, following news of additional sanctions on Iran's shipping sector. Analysts forecast Brent crude to reach $86 per barrel in Q3 due to strong demand, but caution against OPEC's production phaseout and potential market oversupply.
Unexpected Inventory Builds and Potential OPEC Production Increases Drive Crude Oil Prices Down

Unexpected Inventory Builds and Potential OPEC Production Increases Drive Crude Oil Prices Down

Broke On: Wednesday, 05 June 2024 Unexpected inventory builds and potential OPEC production increases led to a weekly decline in crude oil prices, despite optimistic outlooks from some analysts.
OPEC and Allies Poised to Extend Production Cuts Amid Market Uncertainty

OPEC and Allies Poised to Extend Production Cuts Amid Market Uncertainty

Broke On: Sunday, 02 June 2024 OPEC and allies, including Russia, are set to decide on extending production cuts of 2 million barrels per day during an online meeting on June 5. The current cuts help shore up prices in the second half of the year and potentially into 2025. Extending cuts could impact countries like Iraq and UAE, while a softening market and growing output from countries outside OPEC Plus pressures producers to maintain prices.
Exxon Mobil's Q1 Earnings Miss: Lower Refining Margins, Collapsing Natural Gas Prices, and a Dispute with Chevron

Exxon Mobil's Q1 Earnings Miss: Lower Refining Margins, Collapsing Natural Gas Prices, and a Dispute with Chevron

Broke On: Friday, 26 April 2024 Exxon Mobil's Q1 earnings miss $8.2 billion, a 28% decrease YoY due to lower refining margins and collapsing natural gas prices; however, the company achieved over 600,000 oil-equivalent barrels per day in Guyana and made a final investment decision on the sixth major development. Exxon continues investing in technology for high-value markets like advanced recycling and carbon capture while reducing methane emissions intensity by 60% since 2016.
Global Oil Prices Rise Due to Supply Shocks and Other Factors

Global Oil Prices Rise Due to Supply Shocks and Other Factors

Broke On: Monday, 08 April 2024 The price of oil is steadily rising due to global supply shocks, Mexico's decision to slash crude exports and American sanctions on Russian cargoes. Despite these challenges, OPEC and its allies are sticking with their production cuts.
Oil Prices on a Rollercoaster Ride: Geopolitical Tensions and Supply Disruptions Drive Fluctuations

Oil Prices on a Rollercoaster Ride: Geopolitical Tensions and Supply Disruptions Drive Fluctuations

Broke On: Monday, 12 February 2024 Oil prices have been volatile due to geopolitical tensions and supply disruptions. The ongoing conflict between Israel and Hamas could lead to further price fluctuations, while OPEC reports are closely monitored for updates on production levels and demand forecasts.