Markets

What Saudi Arabia and Russia do next
27 March 2020
The Opec+ heavyweights underestimated Covid-19’s impact on demand. It may be too late for them to staunch the bleeding
Approaching tank tops to further pressure oil
26 March 2020
Two analysts agree that crude oversupply will exhaust storage space in a matter of weeks
Europe's Covid-19 impact to stretch into 2021
17 March 2020
Forecaster predicts that countries will take a managed approach, spreading the outbreak over many months
Saudi production hike heading for Asia
9 March 2020
Riyadh’s plan to boost market share by unleashing a tidal wave of crude onto the Asian market would be a boon for local refiners as the region recovers from Covid-19
Sub-$30 Brent looming on Opec+ tension
9 March 2020
Wide differences in strategy, breakeven prices and national finances all contributed to failure to agree production cuts in face of US shale competition and sagging demand
IEA condemns ‘Russian roulette in oil markets’
9 March 2020
Global oil market turmoil caused by a supply war between Saudi Arabia and Russia threatens political stability—just as the world should be coming together to combat Covid-19. So says the IEA, as it launches forecasts for annual growth to 2025.
Saudi production hike heading for Asia
9 March 2020
Riyadh’s plan to boost market share by unleashing a tidal wave of crude onto the Asian market would be a boon for local refiners as the region recovers from Covid-19
Sub-$30 Brent looming on Opec+ tension
9 March 2020
Wide differences in strategy, breakeven prices and national finances all contributed to failure to agree production cuts in face of US shale competition and sagging demand
IEA condemns ‘Russian roulette in oil markets’
9 March 2020
Global oil market turmoil caused by a supply war between Saudi Arabia and Russia threatens political stability—just as the world should be coming together to combat Covid-19. So says the IEA, as it launches forecasts for annual growth to 2025.
Opec+ deal failure sends oil spiraling
9 March 2020
Brent price falls from $45/bl to $25/bl in early trade, before partial recovery to $36/bl at 10am, as production surge threatened amid weak demand
Opec+ talks failure highlights virus uncertainty
6 March 2020
Uncertainties over the economic fallout of the coronavirus epidemic a harbinger of more short-term volatility
Oil and Covid-19 part two: Challenge for Opec
5 March 2020
The cartel may need to take significant action to help balance the oil market, particularly as the potential for a worldwide pandemic remains
What Saudi Arabia and Russia do next
27 March 2020
The Opec+ heavyweights underestimated Covid-19’s impact on demand. It may be too late for them to staunch the bleeding
Approaching tank tops to further pressure oil
26 March 2020
Two analysts agree that crude oversupply will exhaust storage space in a matter of weeks
Europe's Covid-19 impact to stretch into 2021
17 March 2020
Forecaster predicts that countries will take a managed approach, spreading the outbreak over many months
Oil and Covid-19 part one: The route back
5 March 2020
While the potential for a global pandemic that cripples the world economy and the oil price remains, thoughts are beginning to turn to what happens post-coronavirus
2020s oil price: beware black swans
5 December 2019
Oil analytics firm OilX sees a gradual evolution of the 2020s market balance, although with both energy transition in demand and Opec renaissance in supply signalling downside
Russia weighs up future of Opec+
9 May 2019
New developments may get priority over production cuts