Insight
Geopolitical risk and the oil market
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
As the Israel-Hamas war continues and attacks on the Red Sea escalate, the oil price has continued to trade in a range of $75 to $81/bbl. This prompts the question: Why hasn’t the oil price reacted to growing missile strikes and the Israel-Hamas war? In this brief Insight, we look at some of the factors that answer this question including: • Non-OPEC production trend • OPEC spare productive capacity • Summary of geopolitical risks
Table of contents
- No table of contents specified
Tables and charts
No table or charts specified
What's included
This report contains:
Other reports you may be interested in
Insight
OPEC+ production cuts tracker
Includes latest agreement to continue unwinding of production cuts in September 2026
$1,350
Insight
What is driving offshore wind as a North Sea upstream decarbonisation solution?
Start-up of Hywind Tampen and new licensing rounds in the UK (INTOG) and Norway (Utsira Nord, Sørlige Nordsjø II) are building momentum.
$1,350
Insight
Global Upstream Update: September 2026
Key themes: novel resource capture strategies, growth opportunities but with caveats, and tougher expansion challenges reveal themselves.
$1,350
