Week over week to Friday Brent crude fell back 0.3% to $70.62/bl along with a global equity sell-off of 2.6%. The sell-off in oil was thus...
Donald Trump’s threat to add 25% tariffs on all Chinese imports is this morning sending Shanghai equities down 6%, S&P 500 futures down 1.7% and Brent...
Saudi Arabia pre-emptively and proactively lifted oil production last year in anticipation of US sanctions towards Iran. Sanctions were supposed to be more or less “cold...
A cocktail of bullish factors are hitting the supply side. We have ongoing cuts by OPEC+. Venezuela is deteriorating rapidly with latest news that due to...
Brent crude moved up 1.2% over the past week to a close of $66.67/bl yesterday. The move was mostly in the front part of the curve...
Brent crude traded down 1.0% yesterday to $61.51/bl following a 1% decline last week. A stronger USD was again an important negative driver as the dollar...
Brent crude sold off 1.7% yesterday with a close of $61.63/bl but has rebounded 0.4% today trading at $61.8/bl. The sell-off came on the back of...
Brent crude closed down 2.8% yesterday at $59.93/bl while WTI closed down a bit more violently 3.2% at $51.99/bl. A 0.8% decline in the S&P 500...
Brent crude has gained 21% since Christmas eve following a comparable 12.4% recovery in the S&P 500 index. So just as the sell-off in Brent crude...
Q1: When will pledged cuts by OPEC+ become visible in oil inventory data? Q2: When will we see softer US oil production growth due to lower...
