OMS-January-2017 Oil Market Snapshot – January 2017 Brent Steady as OPEC Deal Starts Well

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...

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OMS_December-2016 Oil Market Snapshot – December 2016 O Cut Oil, Ye Faithful

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...

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OMS_November Oil Market Snapshot – November 2016 November Fireworks

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...

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OMS-October-2016 Oil Market Snapshot – October 2016 Early Freeze in October?

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...

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OMS_September 2016 Oil Market Snapshot – September 2016 A Little More Speculation, A Little More Action

Potential production deal partners ramp production even as they hint at agreement Speculation ahead of the OPEC/Russia meeting on 27th September saw Brent volatile wit...

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OMS-August-2016 Oil Market Snapshot – August 2016 No Truce Yet in OPEC Market Share Battle

Inventories cap prices as the market dreams of an OPEC deal, but the fight for market share continues as Big Oil sees margins squeezed Brent closed at $50.95/bbl on 18...

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OMS_July_2016 Oil Market Snapshot – July 2016 Emergency Brexit

Demand-side political risk makes a comeback with Brexit, European terror and Turkish instability Brent remains off its June highs as economic uncertainty from recent g...

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Oil Cover Oil Market Snapshot – June 2016 Searching for Balance

As the dollar gains and inventories swell, can the market balance by year end? Uncertainty surrounding Brexit caused Brent to fall sharply from the $52/bbl mark it rea...

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OMS-May-2016 Oil Market Snapshot – May 2016 Foresight in the Desert?

Saudi Arabia likely to want moderated oil prices to support Vision2030 policies as Al-Naimi retires Brent rose above $50/bbl on 26th May on continued supply disruptio...

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OMS_April_2016 Oil Market Snapshot – April 2016

  • Brent has risen to hold around $45/bbl in April, boosted mainly by EIA reports of declining US LTO production
  • The last-minute collapse of negotiatio...

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