OMS-1 Oil Market Snapshot
December 2020
Brent Firm at $50/bbl Despite New COVID Strain in UK

  • Brent has held above $50/bbl, up more than $7/bbl against November's average, as markets anticipate mass vaccinations despite a worsening global COVID-19 casel...

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OMS-1 Oil Market Snapshot
November 2020
Brent Rebounds in November as Vaccine News Dominates

  • Brent has hit $48bbl this week and averaged $42.42/bbl in November so far, up c. $2.23/bbl against October, as positive vaccine news fuels optimism for future ...

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OMS-1 Oil Market Snapshot
October 2020
Brent Dips Below $40/bbl as October Ends, With France and Germany Locked Down

  • Brent has averaged $40.48/bbl in October so far, down c. $1.66/bbl against September, as a second wave of COVID-19 infections across the OECD weighs on demand<...

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