Oil Market Snapshot
April 2022

  • Brent ends April trading at c. $109/bbl after another turbulent month
  • We forecast global demand growth of 2.64 million b/d for 2022 (-300,000 b/d ...

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Oil Market Snapshot
March 2022

  • Brent is trading around $114/bbl at the end of the most volatile month in the contract's history. The last thirty days have seen prices as high as $139/bbl an...

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Oil Market Snapshot
February 2022

  • Russia's invasion of Ukraine sent Brent to $105/bbl. It trades now at c. $103/bbl after the imposition of sanctions, with the prospect of high prices for the ...

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