Highlights Brent movement signals a potential price spike in 2020 OPEC+ reaffirms its commitment towards full compliance Iraq to undertake… To continue reading this article, please log in or subscribe by visiting […]
Oil Markets Weekly: Current prices aren’t high enough to restore the US production
Highlights Current prices aren’t high enough to restore the US production Rise in the US commercial crude inventories is seen… To continue reading this article, please log in or subscribe by visiting […]
Oil Markets Weekly: A mild 2nd wave may now be on the horizon
Highlights Oil rigs rebound in line with last week prediction US oil demand declined last week due to resurgence of… To continue reading this article, please log in or subscribe by visiting […]
Oil Markets Weekly: OPEC+ set to start easing cuts in August
Highlights OPEC+ set to start easing cuts by 2 mbbl/d in August Large withdrawal in inventories continues to support prices … To continue reading this article, please log in or subscribe by visiting […]
Oil Markets Weekly: OPEC+ set to meet this week to discuss easing cuts
Highlights OPEC+ set to meet this week to discuss easing cuts Deeper cuts are expected from low-compliance countries through H2 2020 … To continue reading this article, please log in or subscribe by visiting […]
Oil Markets Weekly: Brent at $40.78 in June, $0.78 above our forecast
6th July 2020 | Oil Markets Weekly Highlights US Oil inventories declined by 7.20 million barrels w/w OPEC+ compliance is said to have exceeded 100% in June Angola is said to be unable […]
Oil Markets Weekly: Chinese demand is almost back to pre-crisis levels
Highlights Chinese oil demand is said to be almost back to pre-crisis levels Price recovery was constrained by low Chinese economic… To continue reading this article, please log in or subscribe by visiting […]
Oil Markets Weekly: Additional cuts from the GCC will remove 35 mbbl in June
Highlights Non-OPEC supplies declining by 3.22 mbbl/d Demand forecast is slightly adjusted to 89 10.12 mbbl/d, down by 10.12 mbbl/d y/y… To continue reading this article, please log in or subscribe by visiting […]
Oil Markets Weekly: Partial return of demand is likely to imbalance crude processing
Highlights Partial return of demand is likely to create an imbalance in crude processing Prices may have reached their lowest… To continue reading this article, please log in or subscribe by visiting […]
Oil Markets Weekly: Easing lockdown measures is expected to support gasoline demand
Highlights Prices were supported by declining gasoline inventories Norway 250 kbbl/d cuts will translate into only 0.71 mbbl/d m/m in… To continue reading this article, please log in or subscribe by visiting […]
Oil Markets Weekly: OPEC+ strikes a historic of effectively 12.70 mb/d cut
Highlights US, Canada and Brazil to contribute by 3.70 mbbl/d Saudi Arabia, UAE, and Kuwait to cut additional 2 mbbl/d … To continue reading this article, please log in or subscribe by visiting […]
Oil Markets Weekly: OPEC+ is set to meet this week to discuss a cut deal
6th April 2020 | Oil Markets Weekly Highlights OPEC+ is set to meet this week to discuss a cut deal… To continue reading this article, please log in or subscribe by visiting […]
Oil Markets Weekly: OPEC+fails to curb production
9th March 2020 | Oil Markets Weekly Highlights OPEC+ fails to reduce its production while meeting in Vienna Saudi Aramco… To continue reading this article, please log in or subscribe by visiting […]
Weekly Market Drivers: OPEC exports rise to 22.51 mbbl/d
Highlights OPEC seaborne exports of crude oil continued to rise to 22.51 mbbl/d in November Guyana to start exporting oil… To continue reading this article, please log in or subscribe by visiting […]