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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...
Brent dipped during early March to c. $65/bbl, but has settled at c. $69/bbl as of 21st March as crude inventories continue to fall counter-seasonally. Fed confidence in...
Brent has seen a sharp correction, settling at c. $67/bbl as of 27th February from $71/bbl previously. Our price forecast sees Brent averaging $65-$70/bbl in 2018. Money ...
Brent has exceeded $71/bbl intraday on January 25th, the highest level since May 2015. However, record net longs from money managers underpin the possibility of a correc...
Brent holds above $63/bbl as Forties pipeline shutdown amplifies bullish sentiment. As futures continue to rise, so do our latest price forecasts with our global supply a...
Brent holds above $60/bbl as speculators amass record net long positions in the run up to OPEC’s 173rd meeting on 30th November. Futures pricing indicates a market in ...
Brent has steadily recovered to ultimately breach $60/bbl in October after a sharp sell-off at the end of September from highs of $59.09/bbl. Clashes in the Kurdish reg...
Brent has risen to c. $58/bbl in September as IEA demand forecasts increase, while geopolitical risk threatens 500,000 b/d of Iraqi supply. Our demand forecast remains u...
Brent remains at c. $52/bbl as falling US inventories and rig counts indicate the market is tightening, though Hurricane Harvey has shut-in US refining capacity. The IEA...
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...