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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...
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...