Highlights OPEC+ reduces production by 1.70 mbbl/d Saudi Arabia will maintain 400 kbbl/d cut below its new quota Oil prices… To continue reading this article, please log in or subscribe by visiting […]
Update on Scenarios for OPEC
Highlights US oil inventories up by 1.60 mbbl w/w to 452 mbbl OPEC may consider deeper cuts by 400 kbbl/d during… To continue reading this article, please log in or subscribe by visiting […]
Oil Markets Weekly: Growth in US oil inventories is revised up by 57.67 mbbl
Highlights US oil inventories up by 1.379 mbbl w/w Putin confirms continued cooperation with OPEC The OPEC+ agreement is expected… To continue reading this article, please log in or subscribe by visiting […]
Weekly Market Review: 22nd Nov 2019
Highlights The S&P 500 up by 0.33% w/w Forward curves for ICE Brent and NYMEX WTI rose marginally The spread… To continue reading this article, please log in or subscribe by visiting […]
Weekly Market Drivers: Putin confirms continued cooperation with OPEC
Highlights US oil inventories up by 1.379 mbbl w/w Putin confirms continued cooperation with OPEC The OPEC+ agreement is expected… To continue reading this article, please log in or subscribe by visiting […]
Oil Markets Weekly: Saudi Arabia’s production rise is attributed to raise lowered inventories
Highlights US oil inventories up by 2.22 mbbl Saudi Arabia’s production rise is attributed to raise lowered inventories Our forecast… To continue reading this article, please log in or subscribe by visiting […]
Weekly Markets Review: 18th Nov 2019
Financial Markets, Metals, Fuels and Natural Gas The S&P 500, Fig. 2.3, opened the week at 3078, up by 0.20%… To continue reading this article, please log in or subscribe by visiting […]
Weekly Market Drivers: 18th Nov 2019
Highlights US oil inventories up by 2.22 mbbl Saudi Arabia’s production rise is attributed to raise lowered inventories Our forecast… To continue reading this article, please log in or subscribe by visiting […]
Weekly Market Drivers: 11th Nov 2019
Highlights Improved US-China trade talks continues to give price support for Brent and WTI US oil inventories up by 7.91… To continue reading this article, please log in or subscribe by visiting […]
Weekly Market Drivers: Markets maintains momentum
Price Movement Review The markets started the week trading at $62.04 (ICE Brent), up by $0.02 (0.03%) from its… To continue reading this article, please log in or subscribe by visiting […]
Weekly Market Drivers: Prices rally as bullish factors prevail
Highlights Prices rally as bullish factors prevail US oil inventories down by 1.70 mbbl/d Dated Brent to Dubai spread down by… To continue reading this article, please log in or subscribe by visiting […]
Weekly Market Trends: 3-2-1 crack spread down by 5.10% w/w
Financial Markets, Metals, Fuels and Natural Gas The S&P 500, Fig. 2.3, opened the week at 3006.70, up by 0.68%… To continue reading this article, please log in or subscribe by visiting […]
Oil Markets Weekly: Growth in non-OPEC production is revised down by 0.01 mbbl/d
Highlights Prices rally as bullish factors prevail US oil inventories down by 1.70 mbbl/d Dated Brent to Dubai spread down by… To continue reading this article, please log in or subscribe by visiting […]
Weekly Market Drivers: Oil rigs down by 160 rigs y/y
Highlights A potential agreement on the Saudi-Kuwaiti neutral zone is expected to be reached A potential deal between the US… To continue reading this article, please log in or subscribe by visiting […]