Latest Analysis /
Short-term Global Oil Service
Weekly Fundamentals - Bearish oil market mood returns as uncertainty on coronavirus remains
Published: 13 February, 2020
- Huge downwards revisions to China/world oil demand consensus in 1Q20; but not enough?
- Russia (and now Kazakhstan) still prevaricating whether to accept OPEC+ new output cut proposal
- As pessimism looms, Brent and WTI in contango until Oct/Nov contracts
- Urals/Brent diffs likely to widen in NWE/Med
- Libya & ...
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