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..." –, 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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