Commodity market report

Macro oils short-term outlook December 2016: OPEC adherence drives 2017 oil price forecast

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Report summary

At its 30 November 2016 meeting OPEC agreed to cut its production for H1 2017. In this Macro Oils Monthly Update we assess 3 cases for adherence to the deal and implications for oil prices in 2017. For the remainder of the forecast period through 2018 we assume no rollover agreement in order to show our clients the fundamentals likely facing OPEC as they meet on 25 May 2017 to consider a rollover.

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This report contains

  • Document

    Macro oils short term outook Dec 2016 slide pack.pdf

    PDF 2.21 MB

  • Document

    Macro oils short term outlook Dec 2016 price outlook.xls

    XLS 269.50 KB

  • Document

    Macro oils short term outlook Dec 2016 supply demand.xls

    XLS 985.00 KB

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    Macro oils short-term outlook December 2016: OPEC adherence drives 2017 oil price forecast

    ZIP 2.32 MB

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