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 - January 2017

OPEC cuts may not be extended beyond first half of 2017.

 
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Market Update: Oil & Gas - December 2016

The paradox of Indonesia as an OPEC member.

 
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