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.

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Market Update: Oil & Gas - November 2016

The election of Donald Trump as the US President on November 8 stunned global energy markets and media. Crude oil prices plunged as much as 4 percent on the day of the surprise victory, with NYMEX WTI contract hitting a 2-month low of US$43/bbl.

 
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Market Update: Oil & Gas - October 2016

The "call on US shale": Should OPEC be careful of what it wishes for?

 
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Market update - Oil & Gas September 2016

Price Stability: the focus of the upcoming OPEC meeting

 
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