OPEC Watch OPEC production fall only temporary Another small fall in OPEC’s production still leaves a large supply glut in the market. It won’t be until demand picks up in the second half of this year that the market may rebalance. 16th March 2015 · 1 min read
Metals Watch A rosy outlook for copper prices Copper has fallen dramatically out of favour since the start of 2015. Prices have dropped nearly 10% since the beginning of the year. Projections of strong growth in mine supply and concerns about... 26th February 2015 · 1 min read
Energy Watch Will US energy exports be a game-changer for global markets? A fast-changing regulatory background is becoming increasingly important to global energy markets. In this Energy Watch, we examine how the recent fall in oil prices has affected the outlook for US... 25th February 2015 · 1 min read
Metals Watch Gold and silver to shine despite likely US rate hikes It would be wrong to write off gold this year purely on the basis that the Fed is likely to start to raise interest rates, probably in June. We expect the withdrawal of monetary stimulus in the US to... 13th February 2015 · 1 min read
OPEC Watch Oil glut likely to continue in the first half of 2015 Oversupply in the oil market will probably continue until demand picks up and US oil production growth begins to ease off in the summer. This will limit the upside for prices in the coming months. 10th February 2015 · 1 min read
Metals Watch Supply to continue to weigh on iron ore prices The latest quarterly production reports by the large iron ore producers demonstrate a continued commitment to ramp up supply, despite the nearly 50% drop in iron ore prices last year. In this Metals &... 26th January 2015 · 1 min read
Energy Watch How much will lower oil prices drag on other fuel costs? The fall in oil prices is likely to have significant implications for all commodity producers and consumers, not just those in the oil industry. We have explored the impact of falling oil prices on... 19th December 2014 · 1 min read
Energy Watch Can OPEC keep prices from falling further? The next meeting of the Organisation of the Petroleum Exporting Countries (OPEC), on 27 th November, should be the most interesting since the change from individual quotas to a group target in early... 18th November 2014 · 1 min read
Energy Watch Rising Indian demand not enough to boost coal prices Slower economic growth in China and the EU, combined with active efforts by these regions and the US to move away from coal power, have caused coal prices to slump dramatically over the last few... 10th October 2014 · 1 min read
Energy Watch Geopolitical tensions no barrier to lower oil prices Recent headlines have focused on the latest escalation in the conflict in Ukraine or with the Islamic State. However, these conflicts have had little impact on oil output in key producers. In this... 29th August 2014 · 1 min read
Energy Watch Reduction in fuel subsidies to curb oil demand Subsidies in developing nations allow manyconsumers access to fuel at a fraction of itsmarket cost. However, rather than helping thepoor, most of the benefits of these subsidiesaccrue to richer people... 30th July 2014 · 1 min read
Energy Watch Is LNG the route to a global natural gas price? Global LNG supply is set to soar over the next five years as a number of large projects in Australia come on stream and the US starts to export. The greater availability of more flexible gas supply... 22nd April 2014 · 1 min read
Energy Watch Price of coal to drift gradually lower It is often taken as given that demand for coal will continue to rise inexorably as developing countries use it to power their growing economies. However, coal’s poor environmental credentials are... 27th March 2014 · 1 min read
Energy Watch Political risk and bad weather keep prices high After calming down towards the end of last year, political protests and disruption in key producer countries have re-emerged as a key factor driving oil prices higher. What’s more, the extreme cold in... 24th February 2014 · 1 min read
Energy Watch Energy efficiency gains to constrain EM demand It is often taken as given that oil demand in the developing world will increase exponentially, driven by buoyant economic activity, leading to ever higher oil prices. However, there is huge scope for... 30th January 2014 · 1 min read
Energy Watch How much control does OPEC still have over oil prices? The Organisation of the Petroleum Exporting Countries (OPEC) has of course had a significant influence on oil prices since its creation in 1960. However, a combination of internal division and growing... 13th December 2013 · 1 min read
