Market update: Oil and Gas

Oil & gas market updates

Oil & Gas monthly market update - brought to you by the KPMG Global Energy Institute.


Partner and UK Head of Oil & Gas

KPMG in the UK


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With many oil majors announcing subdued quarterly results over recent weeks, it is clear that the oil industry is not out of the woods yet. However, the oil markets are showing renewed signs of life, as oil prices nudge upwards towards US$50/bbl. Geo-political risk continues to be a driving factor for oil prices, with various oil-producing powers - Russia, the US, OPEC, to name but a few - locked in a struggle to agree a sustainable global supply level that could help prices bounce back. As a result, the global energy markets remain an interesting space to watch.

Read the full update below.

Market Update: Oil & Gas - June 2017

A closer look on Chinese teapot refinery fuel exports, St Petersburg International Economic Forum and Paris climate agreement.

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Market Update: Oil & Gas - May 2017

OPEC set to extend output cuts amid weak impact on prices.

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Market Update: Oil & Gas - April 2017

Energy efficiency initiatives in China

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