Weekly Oil Views: Oil Tumbles on Demand Fears but Supply Woes Will Lend Support
Brent’s spectacular dive on July 11 wiped $5.46 off the price of the front-month ICE futures contract — the biggest single-day loss in seven years...
462 Views
Weekly Oil Views:Â Saudis Begin to Pump More, but Overshadowed by Outages
Saudi Arabia and Russia began ratcheting up production in June, but the approximately 560,000 b/d combined boost -- majority of it from Saudi...
427 Views
Oil Stall for Roll into Brent for a Final High
We outlined a slide from WTI 72 back to 63.50 for a tactical rise (we trimmed our short at 65). However, push aggressively through WTI 67 reversed...
260 Views
Weekly Oil Views: Trump Is at It Again. Expects OPEC+ to Replace 100% of Iranian Supply
Barely had Saudi Arabia and Russia managed to rein in Brent's leaps towards the $80/barrel mark with a hard-earned OPEC/non-OPEC deal to...
214 Views
Weekly Oil Views: Understanding the Real OPEC/Non-OPEC Deal
If you switched off for the weekend after digesting last Friday’s “non-deal” out of Vienna and a vague official communique issued at the end of a...
146 Views