Founder & CEO. Oil markets macro-analysis., Vanda Insights

Vandana Hari

Founder of Vanda Insights, a Singapore-based provider of analysis and briefings on the oil markets. Former Asia Editorial Director at S&P Global Platts, the topmost price reporting agency on global energy commodities markets. 25 years of experience reporting, researching and analysing energy markets. Focus on connecting the dots between supply-demand fundamentals, geopolitics, economics, financial markets and demographics to present the big-picture view on oil, with a focus on factors influencing prices. Experienced in oil price discovery in the physical and derivatives markets. Aim to provide insights and analysis in a clear and succinct manner. Available for bespoke research, analysis and market briefings on the markets.

Founder & CEO. Oil markets macro-analysis.

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Weekly Oil Views: OPEC+ Deal May Unlock Next Leg Higher in Crude

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Weekly Oil Views: A Conservative OPEC+ May Sustain Prices at Current Highs

Weekly Oil Views: Fed Rate Hike Signal Halts Crude Rally but Demand Optimism Intact

Vanda Insights

Vanda Insights is a Singapore-based boutique provider of intelligence on the global energy markets, launched in September 2016. The venture was born out of a desire to extract the signal from the noise in the complex and often volatile oil markets. Our succinct and clear macro analysis is relied upon by thousands of readers globally, including those doing business directly or indirectly in the physical commodity and derivatives markets; wealth managers; governments, regulatory bodies and think-tanks; as well as trade organizations and educational institutions.

Global Energy Markets

Commodities

“A conservative OPEC+ may sustain crude at current highs”, we wrote in our last weekly insights, and kept you on the right track.The OPEC/non-OPEC alliance is looking to play it safe with a modest 400,000 b/d monthly supply increase between August and December. It may also agree to extend the tenure of the master agreement struck in April 2020 by eight months, to December 2022. Though the above was tentatively agreed between Saudi Arabia and Russia, the de facto OPEC+  leaders, OPEC member UAE threw a spanner in the works with a request for a hike in its quota, putting a deal out of reach last week. The 23 energy ministers are due to resume discussions on July 4, and we expect them to find a way out, likely by striking a compromise on the UAE's demand.If the tapering deal as outlined above goes ahead -- which is our base case scenario -- it signals an OPEC+ pivot to a highly conservative approach to tapering, aimed at keeping the market tight or even under-supplied, and preventing prices from slipping too much from current levels even if Covid forces more demand wobbles in the coming months.

“A conservative OPEC+ may sustain crude at current highs”, we wrote in our last weekly insights, and kept you on the right track.The OPEC/non-OPEC alliance is looking to play it safe with a modest 400,000 b/d monthly supply increase between August and December. It may also agree to extend the tenure of the master agreement struck in April 2020 by eight months, to December 2022. Though the above was tentatively agreed between Saudi Arabia and Russia, the de facto OPEC+  leaders, OPEC member UAE threw a spanner in the works with a request for a hike in its quota, putting a deal out of reach last week. The 23 energy ministers are due to resume discussions on July 4, and we expect them to find a way out, likely by striking a compromise on the UAE's demand.If the tapering deal as outlined above goes ahead -- which is our base case scenario -- it signals an OPEC+ pivot to a highly conservative approach to tapering, aimed at keeping the market tight or even under-supplied, and preventing prices from slipping too much from current levels even if Covid forces more demand wobbles in the coming months.

Weekly Oil Views: OPEC+ Eyes Slow and Modest Easing of Output Cuts

Crude Oil

Weekly Oil Views: OPEC+ Eyes Slow and Modest Easing of Output Cuts