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Falling US inventories and firm words after the OPEC/non-OPEC compliance meeting help lift prices, even as Ecuador announces it will leave the agreement. Brent has ris...
With fear and loathing of the OPEC deal high in the market, we make the case that the deal has been a qualified success. Brent fell to c. $45/bbl in mid-June despite d...
Oil falls as OPEC extends the production deal, but if politics is the art of the possible, is the market expecting too much? Brent broadly recovered to c. $54/bbl from...
OPEC is doing better on compliance - so why is market confidence waning? Brent rallied in early April on confidence in an OPEC deal extension. However, Brent struggle...
The Kingdom adopts a "carrot and stick" approach as US production rises and inventories remain stubbornly high Brent fell in mid-March on market concerns about the OPE...
Brent rangebound at $55/bbl as volatility evaporates, but concerns remain over swelling inventories Brent's loss of momentum has resulted in a drastic reduction in pri...
The industry grows upstream capex as cautious optimism returns, including in deepwater offshore Mexico Brent has held at c. $55/bbl, off slightly from its year end val...
OPEC delivers a Christmas present for the market, but planned projects suggest the deal will need to be extended Brent rallied strongly to $55.68/bbl (+12%/$6.71/bbl m...
OPEC heads to Vienna in search of a deal, while Trump beats the odds in America Brent tumbled early in November as markets started doubting an OPEC agreement but regai...
Market treated to an OPEC agreement in principle, but watch out for tricks with compliance Brent held above $50/bbl for most of October as expectations of an OPEC prod...