BakkenMonitor_April-2017

  • North Dakota's oil production recovered to 980,294 b/d (+38,000 b/d m-o-m) in January as wells shut-in due to poor weather partially returned, in the upper thi...

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OMS_March-2017

  • Brent fell to $50/bbl in mid-March on market concerns about the OPEC/non-OPEC production agreement’s ability to reduce inventories
  • We trim our 201...

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BakkenMonitor_March-2017

  • North Dakota's oil production crashed to 942,455 b/d in December from 1.034 million b/d in November (a record -92,000 b/d m-o-m) as harsh winter weather shut i...

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OMS-February-2017

  • Brent held c. $55/bbl for a second month, off slightly from its year-end value of $56.71/bbl, on fears of high inventories and an US production recovery
  • ...

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BakkenMonitor_January-2017

  • North Dakota's oil production fell to 1.034 million b/d in November from 1.44 million b/d in October (-10,000 b/d m-o-m), in line with our forecast of 1.030 mi...

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OMS-January-2017

  • Brent has held at c. $55/bbl, off slightly from its year end value of $56.71/bbl on fears of a US production recovery and high inventories
  • We foreca...

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OMS_December-2016

  • Brent rallied strongly to $55.68/bbl (+12%/$6.71/bbl m-o-m) following OPEC and non-OPEC agreements in November and December
  • Our average Brent price ...

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BakkenMonitor_January-2017

  • North Dakota's oil production rose to 1.043 million b/d in October from 0.972 million b/d in September (+0.071 million b/d m-o-m), the largest ever single mont...

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Bakken-Monitor-December-2016

  • North Dakota's oil production fell to 971,658 b/d in September from 981,038 b/d in August (-9,380 b/d m-o-m) missing our forecast of 993,000 b/d
  • Sep...

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OMS_November

  • Brent tumbled early in November as markets started doubting an OPEC agreement but regained losses on progressing negotiations
  • Our reference case a...

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