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Latest Reports and Analysis

Latest Analysis / Short-term Global Oil Service

Weekly Fundamentals: Crude prices continue defying huge stocks surplus, but downside ahead

Published: 9 July, 2020

Highlights:

Crude prices continue defying huge stocks surplus, but downside ahead
Brent prompt contango widening amid support for future prices
Med differentials ease on sluggish demand in the region
EIA estimates US gasoline demand in 2H 2020 will reach 8.8mmb/d due to a forecast increase in employment levels ...

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Previous Issues

April 18, 2024

Weekly Fundamentals - Easing geopolitical risks and bearish US stocks data send oil tumbling

April 11, 2024

Weekly Fundamentals - Geopolitical risks keep prices elevated despite emerging bearish stock trends

April 4, 2024

Weekly Fundamentals - Brent tops $90 amid rising geopolitical tensions, tightening supplies

March 28, 2024

Weekly Fundamentals - Upwards price momentum likely to continue as concerns over Russian products supply escalate

March 21, 2024

Weekly Fundamentals - Oil rally pauses for breath, but further upside on the cards

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