OMS-1 Oil Market Snapshot
April 2021
OPEC+ Commits to Cuts Unwind As India and Brazil Ravaged by COVID

  • Brent is trading c. $66/bbl, even as OPEC+ commits to unwinding cuts and India and Brazil are ravaged by COVID-19
  • We increase our Brent a...

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OMS-1 Oil Market Snapshot
March 2021
Brent Volatile On OPEC+ Surprise, Euro Lockdowns, and One Stuck Ship

  • Rising sharply after the March OPEC+ meeting's surprise result, Brent is now trading c. $63/bbl, having flirted with $60/bbl on fresh European lockd...

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OMS-1 Oil Market Snapshot
February 2021
Brent Adds c. $10/bbl In February As Inventories Fall And Texas Cold Snap Hits Permian

  • Brent started February at $56.30/bbl and ends it above $65/bbl, with inventories continuing to draw and the Texan cold snap temporarily hitting Permian product...

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