OMS-1 Oil Market Snapshot
August 2021
Brent Volatile In August Over Covid and Demand Data

  • 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
  • ...

    Read more ►

OMS-1 Oil Market Snapshot
July 2021
Brent Back Around $74/bbl After Post-OPEC+ "Dump and Pump"

  • 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...

    Read more ►

OMS-1 Oil Market Snapshot
June 2021
Brent Tops $75/bbl As Demand Recovery Continues

  • Brent has risen to above $75/bbl, after a dip to $72/bbl when the US Federal Reserve indicated it may raise interest rates to counter inflation
  • ...

    Read more ►


Archive ►