Monthly report focusing on the trends and price volatility facing the O&G sector and how the global market reacts.
Monthly report focusing on the trends and price volatility facing the O&G sector.
Oil & gas markets: monthly roundup
The NYMEX WTI and ICE Brent contracts both fell below US$30/b, signaling one of the worst starts to a year on record.
"Despite the lifting of the 40-year-old ban on crude oil exports, it seems unlikely that export volumes will surge in the short term..." – Thomas G Ruck, Director, Market/Treasury Risk, KPMG in the US
"A combination of supply and demand trends has resulted in a dichotomy between gasoline and diesel making gasoline..." – Vijay Mukherji, Manager, Deal Advisory, Energy and Natural Resources, KPMG in the UK
"Overcapacity, combined with lacklustre regional production and ailing economic growth in Asia represents a bruising combination..." – Oliver Hsieh, Associate Director, Commodity & Energy Risk Management for ASEAN, KPMG in Singapore
"Although Brazil faces rooted economic and political challenges, the transformation in place has created constructive and stronger policies..." – Anderson Dutra, O&G Leader, KPMG in Brazil
"Norway's 23rd Licensing Round should be on the radar for the coming year, with significant expectations for acreage in the frontier..." – Per Daniel Nyberg, Partner, KPMG Law Advokatfirma AS – Norway
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