Market Update: Oil & Gas

Market Update: Oil & Gas

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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Market Update: Oil & Gas - January 2016

Market Update: Oil & Gas - January 2016

Sentiment surrounding crude oil benchmarks in 2016 followed a similar vein to where it left off the previous year: bearish.

Oil & Gas Price Comparison Tool

Oil & Gas Price Comparison Tool

Compare oil and gas price data to see correlation trends within the market with this interactive online tool.