BakkenMonitor cover Bakken Monitor – August 2018 North Dakota Rides Roughshod Over Old Record, Hitting 1.245 Million b/d

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...

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OMS-1 Oil Market Snapshot – July 2018 Brent corrects by 6.9%, but potential for undersupplied market remains in 2019

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...

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Report Cover Asia-Pacific Regional Report August 2018

Our new Asia-Pacific report focuses on projects where semi-submersible rigs can be successfully utilised. This was defined for the purpose...

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BakkenMonitor cover Bakken Monitor – July 2018 All The President's Mentions – What Trump's Tweets Tell Us About Oil

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...

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OMS-1 Oil Market Snapshot – June 2018 OPEC, allies, agree to be "less compliant"

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...

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BakkenMonitor cover Bakken Monitor – June 2018 EIA and Rystad forecasts compared

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...

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West Africa Cover Deepwater Insights – Africa June 2018

Africa has suffered in the downturn but is beginning to recover. Smaller nations such as Gabon, Namibia and South Africa are seeing incr...

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OMS-1 Oil Market Snapshot – May 2018 Saudi Arabia, Russia To Coordinate Production Increase After St. Petersburg Meet

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...

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BakkenMonitor cover Bakken Monitor – May 2018 EIA Sees Bakken Recovering 89% of Technically Recoverable Resources by 2050

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...

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OMS-1 Oil Market Snapshot – April 2018 Angola and Venezuela's "Involuntary Cuts" Aid OPEC's Compliance, Raise Capacity Questions

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...

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