Brexit: Nowhere to hide for May on February 5, 2018Prime Minister Theresa May has crisscrossed the world in a quest to find trading partners for a post-Brexit Britain. She has visited the US, Japan and Saudi Arabia, to mention just a few of the major economies. Last week, it was China’s turn. It is the world’s second-largest economy, yet only ranks eighth in terms […]
The slow road to rebalancing the oil markets on October 16, 2017The last seven days in the oil patch were eventful: Russia held its energy week and India held the local CERA week conference, while US crude stocks fell another 6 million barrels and the country exported an unprecedented 2 million barrels. Tropical storm Nate necessitated a total shut down of Gulf of Mexico refineries and […]
What to consider when analysing the oil markets on May 21, 2017The Organization of the Petroleum Exporting Countries (OPEC) will meet on May 25 in Vienna and in all likelihood extend the production cuts of 1.2 million barrels per day (bpd) until the next meeting in winter, if not into 2018. So much was clear from statements of several OPEC ministers over the last two weeks. […]