Opec byter fot
Två gånger per år träffas Opec och beslutar hur mycket olja var och ett av de 14 medlemsländerna får producera. Det blir alltmer tydligt att organisationen vid nästa möte…
Analys
Analyser på råvaror från ledande banker och analysföretag. Både längre analysbrev och kortare tradingidéer.
More oil from the cutters but little net increase from OPEC+
If we sum up the latest news we have the following: 1) Deliberate cutters will increase production in 2H18 and 2019 2) OPEC+ will stay together as a group and they will try to…
More oil from OPEC+ is the base case
Saudi Arabia and Russia have already started to lift production and are arguing for an increase in production at the upcoming OPEC+ meeting next week. Unofficial sources have said…
Full Permian oil pipelines is bullish for Brent
The current oil market is both strong and weak. It is weak in terms of rising inventories and floating storage over the past two weeks with Dated Brent crude spot trading at a…
Total pushed Brent above $80/bl
Total’s message on Wednesday that it will pull out of the Iranian South Pars project unless it gets a project waiver for US Iranian sanctions rolled on in the market yesterday…
Heading for the $80ies/bl
It is difficult to assess exactly how renewed US sanctions towards Iran will play out given many moving parts. But it goes without saying that this is bullish for the oil market.…
Donald D-Day in the oil market
As always it is very difficult to know what Donald Trump is going to do: Reinstate sanctions or not? And today at 2 pm Washington time (5 pm CET) we will know. European diplomats…
Oil recovers as Macron expects Trump to dump Iran deal
Brent crude traded much of the day yesterday on the weak side as API predicted US crude stocks to rise and president Macron placed a revised Iran nuclear deal proposition on…
Råvarupriser skenar
Råvarupriserna steg kraftigt i förra veckan, när omfattningen på USAs sanktioner mot ryska bolag togs in av marknaden. Dessutom stiger oljepriset på grund av oro för att…
It’s artificial, but is still real and prices will tick higher
Donald’s tweet on Friday that the OPEC cartel is keeping oil prices artificially high sent Brent crude down to an intraday low of $72.88/bl. The market later in the day totally…