Market focuses on China weakness and more supply from OPEC+ while the sound of Israeli rockets in Lebanon one weak ago are fading. Following a high of USD...
Brent crude is down below USD 80/b and is trading down today despite gains in industrial metals and a softer USD. Concerns for Chinese oil demand...
Brent crude traded down to USD 75.08/b ydy before settling at USD 76.3/b (-0.66%). The epicenter of the financial turmoil ydy was the Nikkei index which...
Brent crude price inching higher on optimistic that US inflationary pressures are fading. Brent crude closed up 1.1 USD/b ydy to a close of USD 86.39/b which...
We reduce our forecast for EUA prices to 2030 by 10% to reflect the weakened green political agenda in the EU Parliament following the election for...
US crude oil production has been booming for more than a decade. Interrupted by two setbacks in response to sharp price declines. The US boom has...
Strong gains last week but speculators needs to buy much more to catch up to bullish curve structure. Brent crude added a solid USD 2.6/b last week....
Industrial metals rallied close to 25% from 1 Dec-2023 to 20 May-2024 as marginal optimism replaced recession fears. But prices have pulled back a bit since...
Back up to the 80-line. Brent crude rose to a close of USD 79.87/b yesterday and recovered another 1.9% of its recent losses. This morning Brent crude is...
From ”price over volume” to ”we want our market share back”. OPEC+ changed its wording big time last Sunday as it essentially shifted its strategy from ”price...
