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North Dakota's oil production breaks record in May at 1.245 million b/d (+20,000 b/d m-o-m), in line with our forecast of 1.241 million b/d (or +16,000 b/d m-o-m). We se...
Brent sees 6.9% decline on 11th July, before recovering to c. $74/bbl mid-month. Money managers take profits and reduce record net long position, using announcement of r...
Our new Asia-Pacific report focuses on projects where semi-submersible rigs can be successfully utilised. This was defined for the purpose...
North Dakota's oil production nears record in April at 1.225 million b/d (+63,000 b/d m-o-m), ahead of our forecast of 1.182 million b/d (or +20,000 b/d m-o-m). We see p...
Brent at $77.37/bbl on 27th June, up from $73/bbl in the wake of the OPEC and allies agreement return to 100% compliance with existing production targets in the near futu...
North Dakota's March oil production dipped to 1.162 million b/d (-12,000 b/d m-o-m), slightly below our forecast of 1.172 million b/d but in line with expectations of low...
Africa has suffered in the downturn but is beginning to recover. Smaller nations such as Gabon, Namibia and South Africa are seeing incr...
Brent hit $80/bbl this month before retreating sharply to c. $75/bbl as Russia and Saudi Arabia signalled they will compensate for outages in Venezuela and Angola, and sa...
North Dakota's February oil production held firm at 1.175 million b/d (-1,000 b/d m-o-m), below our forecast. We see production flat again in March, having increased our...
Brent reached $75/bbl on 23rd April as Vienna Group compliance improved significantly, due to poor Venezuelan and Angolan production performance. The dollar and oil pric...