Commodities What a Biden victory could mean for commodities A victory for the Democratic party in November’s presidential election has several potential implications for commodity markets. Very broadly, Joe Biden’s pledge to actively promote decarbonisation of... 30th October 2020 · 13 mins read
Energy Outlook Prices to rebound in line with the economic recovery Energy demand and prices have continued to recover from their virus-induced lows, but they remain depressed. However, we expect the revival in energy demand to pick up pace in 2021 as developed... 28th October 2020 · 18 mins read
Commodities Weekly All eyes on China’s Five-Year Plan Data showing that the Chinese economy continued to rebound last quarter and that growth was accelerating heading into Q4 gave a lift to most industrial metals prices this week. Given China’s share of... 23rd October 2020 · 7 mins read
Commodities Outlook Recovery to continue, but a bull run is unlikely Commodity prices will continue to benefit from the stimulus-fuelled recovery in China’s economy over the next year. At the same time, a gradual revival in growth in advanced economies should give a... 22nd October 2020 · 23 mins read
Energy Data Response US Weekly Petroleum Status Report US commercial crude stocks declined as Hurricane Delta dealt a further blow to output. And though production should revive to pre-hurricane levels, gains will probably be smaller in the months... 21st October 2020 · 2 mins read
Commodities Weekly A pause for breath After a rollercoaster few weeks, it was a more muted affair for commodity markets this week. Indeed, there was little in the way of big price moves, which we think reflects a couple of factors. First... 16th October 2020 · 7 mins read
Commodities Weekly Oil price recovery to stay in a low gear The prices of most commodities rose this week, supported by a pick-up in risk appetite towards risky assets, such as US equities. Oil prices were the top performer, increasing by around 10% in part... 9th October 2020 · 7 mins read
Commodities Focus COVID-19 to hasten peak oil demand In this Focus, we argue that the medium-term impact of the COVID-19 pandemic on both global economic growth and consumer behaviour has brought forward “peak oil demand” to around 2030. As a result, we... 8th October 2020 · 19 mins read
Long Run Focus COVID-19 to hasten peak oil demand In this Focus, we argue that the medium-term impact of the COVID-19 pandemic on both global economic growth and consumer behaviour has brought forward “peak oil demand” to around 2030. As a result, we... 8th October 2020 · 19 mins read
Energy Focus COVID-19 to hasten peak oil demand In this Focus, we argue that the medium-term impact of the COVID-19 pandemic on both global economic growth and consumer behaviour has brought forward “peak oil demand” to around 2030. As a result, we... 8th October 2020 · 19 mins read
Energy Data Response US Weekly Petroleum Status Report US commercial crude stocks rose a little as net imports jumped in combination with a revival in domestic production. But with another hurricane on the way, we expect output to dip back next week. 7th October 2020 · 2 mins read
Energy Chart Pack Oil demand fears back in the spotlight Some energy commodities such as natural gas and coal benefitted from a seasonal uplift in demand in September, but oil prices fell. We think that oil and natural gas prices will make a little more... 6th October 2020 · 6 mins read
Commodities Weekly Worries about demand continue to grow The prices of most major industrial commodities, including oil, fell this week seemingly owing to lingering fears about commodity demand. Concerns are growing about the financial health of some major... 2nd October 2020 · 7 mins read
Commodities Chart Pack Commodity prices to grind higher An uptick in COVID-19 cases in India and in developed economies knocked back many commodity prices in September, with few left in positive territory for the month. And although September’s price... 1st October 2020 · 8 mins read
Energy Data Response US Weekly Petroleum Status Report US commercial crude stocks fell a touch as exports rose. And despite implied product demand dropping back, a revival in refinery activity is likely to act as a drag on crude stocks in the months ahead... 30th September 2020 · 2 mins read
Energy Update US oil production may have peaked Although WTI crude oil prices have partially rebounded from their second-quarter nadir, oil production in the US has yet to recover. We suspect that low prices and producers struggling to source... 29th September 2020 · 3 mins read
