Energy Data Response US Weekly Petroleum Status Report US commercial crude stocks soared again last week as refinery throughput remained well below normal levels. Given that production has almost entirely recovered, stocks will probably rise further next... 10th March 2021 · 2 mins read
Commodities Weekly Oil prices making up for lost time It was a relatively two-sided affair in commodities markets this week. On the one hand, oil prices rose on the back of greater-than-expected output restraint announced by OPEC+. And on the other hand... 5th March 2021 · 8 mins read
Commodities Update Oil to miss out on the next commodity supercycle Slower demand growth and an abundance of supply will limit gains in oil prices over the long term, which we think will ultimately prevent oil from featuring in the next commodity supercycle. Join us... 4th March 2021 · 3 mins read
Industrial Metals Update Checking back in with our demand proxies Our in-house demand proxies offer further evidence that industrial metals prices are running ahead of the underlying fundamentals. This helps to explain the sharp drop in industrial metals prices... 4th March 2021 · 2 mins read
Energy Data Response US Weekly Petroleum Status Report US commercial crude stocks skyrocketed last week as refinery activity plunged and net imports surged. We expect stocks to a rise a bit further in the coming weeks as refinery throughput remains... 3rd March 2021 · 2 mins read
Energy Chart Pack Oil catch-up still has some way to go Oil prices have managed to claw back their lockdown-induced losses from last year, and we think that they will rise in the coming months as demand continues to revive. Meanwhile, natural gas and coal... 3rd March 2021 · 6 mins read
Commodities Chart Pack Investor optimism may prove short-lived Most commodity prices rose in February encouraged by falling COVID-19 infections and the vaccine rollout, which point to a recovery in economic activity and higher commodities demand later in the year... 1st March 2021 · 7 mins read
Energy Update Biden’s foreign policy and its energy market impact President Biden’s stance regarding international climate policy and the Iranian nuclear deal is very different from Donald Trump’s, but we are sceptical that he will be able to enact any significant... 25th February 2021 · 3 mins read
Energy Data Response US Weekly Petroleum Status Report Despite the plunge in crude oil production, US crude stocks rose last week as refinery throughput plummeted. We expect the former to recover more quickly, which will support stocks in the near term. 24th February 2021 · 2 mins read
Energy Watch A closer look at the Indian oil sector In this Energy Watch, we examine the outlook for India’s oil sector. We begin by outlining its importance in the context of our macroeconomic research, before considering how the demand and supply... 23rd February 2021 · 6 mins read
Energy Focus The future of European natural gas pipelines Europe’s natural gas pipeline network is already extensive, and we think that it is going to get bigger in the coming decades. Existing pipelines in Turkey are set to be expanded and new pipelines... 22nd February 2021 · 19 mins read
Energy Data Response US Weekly Petroleum Status Report US commercial crude stocks plunged last week owing primarily to a rebound in exports. Next week, inventories could rise as the deep freeze in the southern parts of the US has knocked out several... 18th February 2021 · 2 mins read
Commodities Weekly Revising up our end-year oil price forecast The price of Brent crude oil breached the $60 per barrel mark this week for the first time in over a year, in a continuation of its strong performance since COVID-19 vaccines were announced in... 12th February 2021 · 7 mins read
OPEC Watch OPEC Monthly Oil Market Report (Feb.) The slight easing of quotas meant that OPEC oil production rose in January. However, output will fall back again this month as Saudi Arabia implements its 1m bpd of voluntary production cuts. 11th February 2021 · 3 mins read
Energy Data Response US Weekly Petroleum Status Report US commercial crude stocks fell last week, while implied product demand strengthened. We expect these trends to continue over the coming months, as COVID-19 containment measures are eased. 10th February 2021 · 2 mins read
Energy Watch What if travel restrictions are not eased later this year? In this Energy Watch, we discuss a key risk to our forecast of a further rise in oil prices by year-end, namely the possibility that insufficient progress on vaccine rollouts and/or concerns over new... 4th February 2021 · 5 mins read
