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• Brent has held firm in December, trading at $66.38 on 17th December, as the OPEC+ group reached a new deal and the US-China trade war looked to be nearing a ceasefire...
Brent recovered slightly in November, trading at $63.87 on 28th November, against October’s average of $59.71/bbl. Less headwind from recent macro-economic data, combi...
North Dakota's August 2019 output was 1.477 million b/d (+31,000 b/d m-o-m), in line with our 1.471million b/d (+25,000 b/d) forecast. July’s figure of 1.446 million b...
Brent has fallen back to August levels in October, trading between $58/bbl and $62/bbl. After Saudi Arabia achieved a swifter return to production than many expected, co...
The attacks on Saudi installations at Khurais and Abqaiq appear to have had a limited effect on Brent, which is at c. $62/bbl, down from the initial 20% spike to $70/bbl ...
North Dakota's June 2019 output hit 1.425 million b/d (+30,000 b/d m-o-m), in line with our 1.428 million b/d (+33,000 b/d) forecast. This marks a return to growth after...
Brent was range-bound between $62/bbl and $68/bbl in July. Tensions in the Strait of Hormuz have kept a floor under prices, while concerns over global growth have provide...
Brent fell as low as $60.56/bbl on 12th June after successive US inventory builds and concerns over the global economy, before recovering above $65/bbl as tensions betwee...
North Dakota's March 2019 output recovered to 1.390 million b/d (+55,000 b/d m-o-m), in line with our 1.394 million b/d (+59,000 b/d) forecast, as wells returned to produ...
Brent has retreated in May, falling as low as $68.05/bbl on 23rd May as building US inventories weighed, before recovering to c. $70/bbl by the end of the month. Threats...