External broker reports(aggregated public sources), ABN AMRO

ABN AMRO

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External broker reports(aggregated public sources)

Macroeconomics

<ul><li>The brief Iran-Israel conflict resulted in a temporary risk premium on Brent prices, amounting up to 12 $/b.</li><li>OPEC+ decided to increase supply by 0.55 mb/d putting all voluntary cuts back to the market.</li><li>We are heading for a supply glut in 2025 due to slower demand growth and increased output from OPEC+ and non-OPEC countries. </li></ul><div data-v-88fe99a6=""><div data-component-type="rich-text"><p></p></div></div><p><em>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.</em></p>

The brief Iran-Israel conflict resulted in a temporary risk premium on Brent prices, amounting up to 12 $/b.OPEC+ decided to increase supply by 0.55 mb/d putting all voluntary cuts back to the market.We are heading for a supply glut in 2025 due to slower demand growth and increased output from OPEC+ and non-OPEC countries. Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

Oil Market Monitor - From War Dramas to Tariff Trauma and Beyond