Weekly Oil Views: Brent Vaults over $42 on Latest OPEC+ Deal but Limited Headroom
The OPEC/non-OPEC alliance decided on June 6 to extend its current deep production cuts to July instead of tapering them by 2 million b/d as...
396 Views
One-Month Extension of Supply Cut Likely
With the global economy on a gradual but fragile recovery path, alongside the threats of a second wave of the pandemic and renewed US-China...
86 Views
Weekly Oil Views: US-China Tensions Unlikely to Snuff Out Crude's Rally
The Trump administration's retaliatory measures against Beijing over the new security law in Hong Kong, announced on May 29, steered clear of...
409 Views
Weekly Oil Views: US-China Tensions Threaten to Become Fresh Headwinds for Oil
Brent and WTI staged a strong rally over May 14-21 to levels not seen in two and a half months. The cumulative rise stacked up to 24% for Brent and...
351 Views
Weekly Oil Views: Prices to Inch up in Lockstep with the World's Reopening
As the world tiptoes out of the coronavirus lockdowns, Crude Oil (CRUDE OIL COMDTY)Â prices have begun their slow ascent. The risk-off sentiment in...
237 Views