Energy Data Response US Weekly Petroleum Status Report Persistent strength in demand from refineries and an increase in exports pushed US crude stocks lower last week. However, petroleum product stocks jumped as demand plummeted during the holiday season... 4th January 2018 · 1 min read
Energy Chart Pack A strong start to 2018 A number of temporary factors, including unusually cold winter weather and supply disruptions, gave a last-minute boost to the price of oil in 2017. Coal and LNG prices also benefitted from high... 4th January 2018 · 1 min read
Energy Data Response US Weekly Petroleum Status Report US crude stocks fell sharply again last week as refineries churned out more products and net imports dropped back. However, stocks of petroleum products are still rising meaning that some refineries... 20th December 2017 · 1 min read
Energy Watch China’s slowing oil imports should weigh on prices Strong Chinese demand for oil this year has helped to rebalance the market. However, a slowing economy, an increasing focus on anti-pollution measures in major cities and a reduction in strategic... 19th December 2017 · 1 min read
Energy Data Response US Weekly Petroleum Status Report US crude stocks fell sharply again last week. However, surging US production could potentially push the global oil market back into a surplus next year. What’s more, stocks of petroleum products are... 13th December 2017 · 1 min read
OPEC Watch OPEC Monthly Oil Market Report (Dec.) Today’s report showed that OPEC’s production fell again last month. However, the group also increased its expectations of non-OPEC supply growth. We think that the cartel is still being too optimistic... 13th December 2017 · 1 min read
Energy Update Are forecasts for US oil output too optimistic? The recent rise in prices makes a large jump in US oil production next year relatively certain. However, rising costs, fewer efficiency gains and maturing fields will start to weigh on growth towards... 7th December 2017 · 1 min read
Energy Data Response US Weekly Petroleum Status Report A large drop in crude stocks was eclipsed by an even bigger jump in gasoline inventories. Weak demand for fuel products and a rebound in imports would weigh on oil prices over the next few months. 6th December 2017 · 1 min read
Energy Chart Pack OPEC output cuts extension supports oil prices The big news last month was the announcement by OPEC and its allies that they would extend their output cuts until the end of 2018 rather than finishing them in March as had been planned. However, in... 4th December 2017 · 1 min read
Emerging Europe Economics Update Oil output cuts explain only part of Russia’s slowdown Russia’s participation in the OPEC deal to cut oil output, which was rolled over last night, has so far had only a modest impact on the economy and can account for just 10% of the slowdown in annual... 1st December 2017 · 1 min read
OPEC Watch OPEC extends output cuts by another nine months As expected, OPEC announced yesterday that it, together with Russia and some other non-OPEC producers, would be extending the output cuts by nine months until the end of 2018, with the possibility of... 1st December 2017 · 1 min read
Energy Data Response US Weekly Petroleum Status Report A large fall in crude stocks will have cheered OPEC before its meeting tomorrow. However, the reduction in inventories was largely due to temporary disruption to imports. What’s more, rising oil... 29th November 2017 · 1 min read
Energy Watch OPEC likely to extend output cuts The oil market is largely expecting OPEC to extend its production deal until the end of 2018 at its meeting at the end of November. This Energy Watch will look at some of the options available to the... 27th November 2017 · 1 min read
Energy Update Changes in UK tax will not affect oil prices Changes to the tax treatment of some North Sea oil and gas fields will no doubt be welcomed by the industry and could help to prevent production falling back over the next few years. However, we doubt... 23rd November 2017 · 1 min read
Energy Data Response US Weekly Petroleum Status Report Higher exports and the continued recovery in demand from refineries helped to drawdown stocks of crude oil last week. While we think that stocks will continue to fall, for the next few weeks at least... 22nd November 2017 · 1 min read
Energy Data Response US Weekly Petroleum Status Report Rising production and imports caused a build in crude inventories last week, but a fall in consumption of oil products will add to concerns about a slowdown in demand, which could weigh on prices. 15th November 2017 · 1 min read
