The US EIA yesterday released its monthly drilling and productivity data. It showed that US shale oil production is slowing down even faster than they assumed...
Baring the attack on Saudi Arabia in September which spiked the front-end of the Brent crude oil curve up to $71.95/bl for a moment and thus...
OPEC+ struck a neat deal in our view at the end of last week. The carrot was that if all participants to the deal comply with...
Brent crude had a strong week last week with four out of five closes at the highest level since late September. Recession fears eased (US 10yr...
Saudi Arabia has lifted its Official Selling Price (OSP) for its Arab Super Light grade for December delivery to the highest premium versus the Dubai benchmark...
Brent crude got a real jolt upwards on Friday with a gain of 2.4% and a close of $61.69/bl. The whole curve moved up in parallel....
The oil market headlines have been bearish, bearish and bearish for a long time now. The physical spot market has been tight (and still is) with...
US crude stocks data ydy showed a build of 9.3 m bl last week which was almost as high as the 10.5 m bl indicated by...
US equities gained 1% yesterday and the USD index pulled back 0.2% but neither commodities in general nor oil prices specifically got any tailwind from that....
Brent crude gained 2.4% on Friday with a close at $60.51/bl on the back of a partial US – China trade deal, Brexit optimism as well...
