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 – 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.
"Despite the well-known collapse of crude oil prices and the continued overflow of crude inventory, Mexico has been able to stand its ground..." – Alexander Braune, Director, Energy & Natural Resources, KPMG in Mexico
"The rollercoaster we’ve witnessed in the oil price has really been a double edged sword for downstream. It’s produced some terrific refining and retail margins of late, but caused a bit of a dislocation in supply and demand..." – Barry van Bergen, Director, Downstream Advisory, KPMG in the UK
"The gradual climb of oil prices since late January has been contrary to high inventory levels and the 'lower-for-longer' mantra currently embraced by the market..." – Oliver Hsieh, Associate Director, Commodity & Energy Risk Management, KPMG in Singapore
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