Oil Market Snapshot
October 2023

  • The Israel-Hamas conflict and heightened geopolitical tensions initially raised oil prices by over $5/bbl but later dropped below $90/bbl due to concerns abou...

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Oil Market Snapshot
September 2023

  • Brent is rising above $90/bbl due to supply constraints, with Saudi Arabia and Russia extending their voluntary cuts of 1.3 mb/d until year-end, and global de...

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Oil Market Snapshot
June 2023

  • Price volatility has continued this year, since the beginning of June initially rising to $78/bbl from a low of $72/bbl following the US government deb...

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