Market Update: Oil & Gas - July 2018

A closer look at industry M&A activity and consolidation on the Norwegian continental shelf.

Market Update: Oil & Gas - June 2018

A closer look at the fragmentation of oil market dynamics and political interference at Petrobras.

Market Update: Oil & Gas - May 2018

This year’s quarterly earnings season kicked off with a resurgence in Oil & Gas company profitability.

Market Update: Oil & Gas - April 2018

A closer look at US-China trade tensions, the UK Continental Shelf and the short-term future oil price.

Market Update: Oil & Gas - March 2018

A closer look at China’s new crude oil futures contract and the impact of geopolitics on the oil & gas market.

Market Update: Oil & Gas - February 2018

A closer look at the Mexican energy opening threatened by elections and the impact of volatility & inflation on the oil market.

Market Update: Oil & Gas - January 2018

A closer look at the surge in US crude oil hedging.

Market Update: Oil & Gas - December 2017

A closer look at what the UK's 2017 autumn budget means for oil & gas and the impact of the explosion at a natural gas hub in Austria.

Market Update: Oil & Gas - November 2017

A closer look at the revision of the global consumption forecast, OPEC's extended cuts in 2018 and climate change liability risks.

Market Update: Oil & Gas - October 2017

A closer look at oil price as the new market equilibrium indicator, the US decline to recertify the nuclear deal with Iran and TCFD recommendations.

Market Update: Oil & Gas - September 2017

A closer look at the sanctions against North Korea, Russia as a leading oil supplier and the impact of Hurricane Harvey on retail fuel prices.

Market Update: Oil & Gas - August 2017

A closer look at the US sanctions on the Russian energy industry and operational excellence in unconventional oil & gas.

Market Update: Oil & Gas - July 2017

A closer look at Asian middle distillate storage markets and private equity in exploration & production.

Market Update: Oil & Gas - June 2017

A closer look on Chinese teapot refinery fuel exports, St Petersburg International Economic Forum, and Paris climate agreement.

Market Update: Oil & Gas - May 2017

OPEC set to extend output cuts amid weak impact on prices.

Market Update: Oil & Gas - April 2017

Energy efficiency initiatives in China

Market Update: Oil & Gas - March 2017

Saudis move to protect Asian market share, both short-term and long-term

Market Update: Oil & Gas - February 2017

Looking for clarity

Market Update: Oil & Gas - January 2017

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

Market Update: Oil & Gas - December 2016

The paradox of Indonesia as an OPEC member.

Market Update: Oil & Gas - November 2016

November has proven to be an action filled month for Planet Earth. Donald Trump’s election as the next President of the United States on November 8 stunned the world’s global energy markets and media.

Market Update: Oil & Gas - October 2016

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

Market Update: Oil & Gas - September 2016

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

Market Update: Oil & Gas - August 2016

Oil prices have risen in the past weeks, with ICE Brent prices topping US$50/bbl briefly.

Market Update: Oil & Gas - July 2016

Bearish sentiment has arisen over what appears to be a supply and demand imbalance.

Market Update: Oil & Gas - June 2016

Global oil price benchmarks have experienced a rally over the last couple of months.

Market Update: Oil & Gas - May 2016

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.

Market Update: Oil & Gas - April 2016

Mirroring the volatility that has shrouded the oil and gas markets over the last two years, ICE Brent prices have see-sawed in April, ranging between US$37-45/bbl.

Market Update: Oil & Gas - March 2016

ICE Brent contracts rose to over US$40/bbl in March, setting a 2016 high. Despite ominous economic signals from China, and crude exports dropped by a quarter in February, supply forecasts have supported global crude benchmarks this month.

Market Update: Oil & Gas - February 2016

Sharp volatility continues to permeate through the oil markets.

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.

Market Update: Oil & Gas - December 2015

Brent drops below US$40/barrel, OPEC monthly production at 3-year high.

Market Update: Oil & Gas - November 2015

A myriad of supply and demand forces continue to add downward price pressure on crude benchmarks.

Market Update: Oil & Gas - October 2015

Oil prices remained fixed around 50 US dollars (US$) per barrel (b) as the tug-of-war battle between OPEC and the US continued to take centre stage in the oil market.

Market Update: Oil & Gas - September 2015

Volatility in the oil markets persisted in August and early September as market contagion from Chinese equities spread to various commodity bourses, including oil price benchmarks which sunk to 6 year lows.

Market Update: Oil & Gas - August 2015

Crude oil prices in July and early August continued in a downward trajectory – with both the Brent and WTI benchmarks falling below a key psychological support level at 50 US dollars (US$) per barrel (b).

Market Update: Oil & Gas - July 2015

Oil price benchmarks traded lower in June and early July as both fundamental and technical indicators combined to paint a bleak picture for global oil prices.

Market Update: Oil & Gas - June 2015

The Organization of the Petroleum Exporting Countries (OPEC) continued its global market-share strategy by deciding to maintain the production ceiling at 30 million barrels per day (mb/d) during the 5 June 2015 meetings in Vienna./P>

Market Update: Oil & Gas - May 2015

Crude oil futures rallied throughout April and early May registering the biggest monthly gains since May 2009.

Market Update: Oil & Gas - April 2015

Global crude benchmarks drifted south in March and early April as news of a possible Iranian nuclear deal began to filter down to trading floors.

Market Update: Oil & Gas - March 2015

Oil benchmarks remained volatile in February and early March as competing market fundamentals continued to drive fluctuating price movements.

Market Update: Oil & Gas - February 2015

Volatility remained the watchword in the oil markets as the ICE Brent contract registered a seventh consecutive monthly fall in January, slumping to a low of United States Dollars (USD) 46.40/barrel, before rallying to a 5-week high in early February, fetching US$60.08/b.

Market Update: Oil & Gas - January 2015

Falling oil prices continued to dominate news headlines in December and early January. Both the WTI and Brent contracts slumped to 5½ year lows as bearish demand data triggered further selling pressure.

Market Update: Oil & Gas - December 2014

Global crude oil benchmarks took another dramatic fall in November as expectations that OPEC would maintain production levels were realised (c. 30/mbpd).

Market Update: Oil & Gas - October 2014

Global oil prices have fallen 25 percent since June 2014, and supply/demand fundamentals suggest this is the beginnings of a tug-of-war battle between the bears and the bulls.