Energy Chart Pack Volatility returns to oil prices Oil prices broke out of the relatively narrow trading range they had been in for the last few months at the start of March as investors became concerned about the effectiveness of OPEC’s deal to cut... 5th April 2017 · 1 min read
Energy Data Response US Weekly Petroleum Status Report Crude oil stocks swelled last week contrary to expectations as production grew and exports slipped back. However, inventories of petroleum products still fell. 5th April 2017 · 1 min read
Commodities Chart Pack A month of two halves After a weak start to the month, the prices of both gold and oil subsequently rebounded, despite the Fed’s decision to hike interest rates. The accompanying dovish statement lowered expectations of... 3rd April 2017 · 1 min read
Commodities Weekly Oil bounces back The price of oil jumped this week on a combination of renewed fighting in Libya which disrupted oil production and speculation that OPEC members will extend their output cuts beyond the June deadline... 31st March 2017 · 1 min read
Energy Data Response US Weekly Petroleum Status Report US crude oil stocks rose slightly last week, however there were further drops in inventories of gasoline. 29th March 2017 · 1 min read
Energy Update Europe’s oil demand should continue to grow in 2017 Robust economic growth in Europe’s key economies should support oil demand this year. Indeed, a pickup in global economic growth is likely to help to absorb the excess oil supplies in the market which... 28th March 2017 · 1 min read
Middle East & North Africa Economics Update Saudi economy slows on back of oil output cuts Our GDP Tracker suggests that Saudi Arabia’s economy slowed at the start of this year, which was entirely due to oil production cuts. There has been better news on the non-oil economy, where easing... 27th March 2017 · 1 min read
Energy Watch Are we too bullish on oil prices? Steadily rising crude stocks have sent prices tumbling recently. This Energy Watch looks at whether our assumptions about OPEC, US shale oil production and demand are still valid and where the... 24th March 2017 · 1 min read
India Chart Pack Demonetisation impact wearing off The latest economic data for India suggest that the most acute impact from the government’s demonetisation measures has now passed. Both the manufacturing and services PMI readings for February came... 23rd March 2017 · 1 min read
Energy Data Response US Weekly Petroleum Status Report US crude oil stocks jumped again last week due to a rise in imports, but there were further drops in inventories of gasoline and distillate fuel. 22nd March 2017 · 1 min read
Global Economics Update Could the world cope with another oil price slump? The recent drop in oil prices has raised the question of how the world economy would cope with a another sustained slump in prices. While some big oil producers would take a hit, and inflation would... 17th March 2017 · 1 min read
Commodities Weekly Optimism prevails, for now It has been an eventful week in commodity markets but, for the most part, prices have risen. The US 25bp rate hike on Wednesday was widely anticipated so markets chose to focus on the fact that the... 17th March 2017 · 1 min read
Energy Update Will OPEC extend its production cuts? Steadily rising crude stocks and falling prices have made it more likely that OPEC will prolong its production cuts beyond June. However, there are significant hurdles which will need to be overcome... 16th March 2017 · 1 min read
Energy Data Response US Weekly Petroleum Status Report Crude oil stocks declined slightly last week, after rising for nine consecutive weeks, as net imports fell sharply. Product stocks also continued to slump. 15th March 2017 · 1 min read
Middle East & North Africa Economics Update Saudi Arabia softening opposition to OPEC deal extension Saudi Arabia has continued to comply with its side of November’s OPEC agreement and recent comments from policymakers suggest that the Kingdom’s opposition to extending the deal beyond June is easing... 14th March 2017 · 1 min read
OPEC Watch OPEC production falls as compliance improves OPEC continued to reduce its production in February. However, the group also revised upwards its expectations for non-OPEC output. 14th March 2017 · 1 min read
