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: Brent movement signals a potential price spike in 2020
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: OPEC+ current cuts may continue till end of August
Highlights Russia to raise production capacity by 0.20 million bbl/d OPEC+ current cuts may continue till end of August Nigeria… To continue reading this article, please log in or subscribe by visiting […]
Oil Markets Weekly: OPEC+ compliance at 87%
Highlights Prices rebound despite fears of a 2nd wave of COVID19 IEA increases its demand forecast by 0.5 million bbl/d in… To continue reading this article, please log in or subscribe by visiting […]
Oil Markets Weekly: Fears of a second-wave of COVID19 continue to affect price recovery
Highlights Fears of a second wave of COVID19 continue to affect price recovery It is now confirmed that GCC extra… To continue reading this article, please log in or subscribe by visiting […]
Oil Markets Weekly: OPEC+ new strategy will accelerate backwardation
Highlights OPEC+ extends its cuts through July yet down by 100 thousand bbl/d OPEC+ new strategy will accelerate backwardation Iraq commits… To continue reading this article, please log in or subscribe by visiting […]
Oil Markets Weekly: Sweet/sour spreads widened despite shrinking sour crude
Highlights Brent briefly $38 in line with our expectations OPEC+ is likely to retain current cuts in place Sweet to… To continue reading this article, please log in or subscribe by visiting […]
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 […]