
April 2023
- Brent is trading at c. $84/bbl after a surprise “voluntary” quota cut by some OPEC+ members, $4/bbl higher than last week.
- Prior to the cuts, ...

March 2023
- Brent is trading c. $85/bbl, up $3/bbl m-o-m, with prices volatile above $80/bbl as the market tries to make sense of an array of supply and demand risks ...

February 2023
- Brent is trading c. $82/bbl, up $2/bbl m-o-m, with agencies raising their expectations of global GDP growth as inflation eases, the US remains robust, and Chi...
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