Oil Market Snapshot
September 2021

  • Brent is trading around c. $79/bbl with 16% of US GoM production still out after Hurricane Ida, buoyed also by runaway natural gas prices
  • We raise...

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Oil Market Snapshot
August 2021

  • Brent is back trading at c. $70/bbl after a weeklong collapse to the mid-60 level on weaker demand data and rising COVID infections in the US and China
  • ...

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Oil Market Snapshot
July 2021

  • Brent is now trading around $74/bbl, after a 10% drop of $7.72 and recovery after the next phase of the OPEC+ deal was announced, with firm demand a...

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