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South and East African nations are seeing strong interest in exploration and production from international players as global demand for gas and LNG increases. Reserves ac...
Brent has continued to rally in April, hitting $74/bbl on 22nd April as the US announced the end of waivers for its sanctions on Iran, and in the context of better econom...
Brent has traded around $65/bbl throughout March, as a multi-week counter-seasonal draw in US inventories balances against weaker global economic data. Our Brent 2019 fo...
With interest building and high expectations of yet-to-find resources, we present a country by country rundown of prospects offshore in the Mediterranean Sea. We review...
- North Dakota's December 2018 output set a new record of 1.401 million b/d (+25,000 b/d), in line with our 1.396 million b/d (+20,000 b/d) forecast. Wells retur...
Brent came close, but could not close above $67/bbl in February, with a sharp sell-off prompted by President Trump tweeting that OPEC should “take it easy” on 25th Fe...
North Dakota's November output retreated to 1.376 million b/d (-16,000 b/d), in line with our 1.371 million b/d (-21,000 b/d) forecast, as poor weather hampered completio...
After falling $10/bbl over the Christmas period, Brent has returned to c. $60/bbl in January, in line with our expectation that the Vienna Group’s new deal has put a fl...
North Dakota's October oil production set a fresh high at 1.392 million b/d (+33,000 b/d m-o-m), below our forecast of 1.412 million b/d (+53,000 b/d). November’s outpu...
Despite having strong geological potential, particularly in its untapped deep waters, Mexico continues to face a worsening domestic energy situation resulting from a decl...