US Economics Weekly Will falling oil prices knock the economy off course? The further drop in oil prices this week, to below $43pb, means that the recovery in mining investment seen in the first half of the year may be at least partly reversed in the second. That said, we... 23rd June 2017 · 1 min read
Emerging Markets Economics Update Winners and losers from the latest drop in oil Within the EM world, the main beneficiaries of the recent drop in oil prices are Korea, India, Turkey, and South Africa, while the biggest losers are the Gulf States, Russia and Nigeria. That being... 22nd June 2017 · 1 min read
Energy Update How low will oil prices go this time? Fears about unrelenting growth in US oil production have pulled down oil prices again, despite stocks beginning to fall. However, faster demand growth combined with OPEC’s production cuts should be... 22nd June 2017 · 1 min read
Energy Data Response US Weekly Petroleum Status Report Crude stocks fell again last week. However, production and net imports both rose. Meanwhile, higher demand prompted a fall in gasoline inventories. 21st June 2017 · 1 min read
Energy Update Oil demand to rise after a poor start to the year Global oil demand was disappointing in the first quarter of this year. Indeed, this is one reason why prices have continued to fall despite OPEC and some major non-OPEC producers extending their... 21st June 2017 · 1 min read
Commodities Weekly The losing streak continues It has been a poor week for most commodity prices. The Fed’s decision to hike interest rates on Wednesday weighed on the prices of gold and industrial metals. Oil prices continued to drop, partly due... 16th June 2017 · 1 min read
Energy Data Response US Weekly Petroleum Status Report Crude inventories resumed their downward trend last week, but gasoline stocks increased on the back of low demand and high refinery output. 14th June 2017 · 1 min read
OPEC Watch OPEC output jumps Higher production in Nigeria and Libya boosted total OPEC production last month. However, stocks continued to fall and the group revised down its expectations for non-OPEC output this year. 13th June 2017 · 1 min read
Energy Watch What do the next eighteen months hold in store for oil prices? Crude oil prices have slumped again recently, despite OPEC agreeing to extend its output cuts by nine months. This Energy Watch sets out our view on what will happen to supply and demand over the next... 12th June 2017 · 1 min read
Energy Data Response US Weekly Petroleum Status Report Stocks of both crude oil and gasoline unexpectedly rose last week, driven by a rebound in crude imports and a slump in demand. 7th June 2017 · 1 min read
Energy Chart Pack OPEC disappoints the oil market Oil prices fell at the end of last month as OPEC disappointed markets by simply rolling over its output cuts for another nine months, rather than deepening them as well. However, this should still be... 6th June 2017 · 1 min read
Energy Update Is the US leaving the Paris Agreement significant? The withdrawal of the US from the Paris Agreement on climate change will not alter our forecasts of US demand for energy commodities, since the agreement was non-binding and President Trump had no... 2nd June 2017 · 1 min read
Energy Data Response US Weekly Petroleum Status Report US crude stocks fell for the eighth consecutive week as demand from refineries increased and net imports fell. Gasoline stocks were also drawn down as consumption picked up. 1st June 2017 · 1 min read
Middle East & North Africa Chart Pack OPEC deal renewed, but Saudi nods towards “exit strategy” OPEC’s decision this month to roll over its oil output cuts displayed a rare sense of cohesion from the cartel, but there are signs that de-facto leader Saudi Arabia is seeking an eventual end to... 30th May 2017 · 1 min read
Middle East & North Africa Economics Update OPEC deal should allow Gulf to ease austerity further OPEC’s decision to rollover its oil output cuts didn’t come as a surprise, but the fact that calls for deeper cuts never even made it on to the table suggests that the Gulf economies are resistant to... 25th May 2017 · 1 min read
Energy Data Response US Weekly Petroleum Status Report Crude oil stocks declined by the second largest amount so far this year, in spite of an increase in net imports. Gasoline and distillate inventories also fell, as demand for petroleum products surged. 24th May 2017 · 1 min read
