Macro oils short-term outlook: January 2022
Report summary
Table of contents
-
Global supply: political unrest and protests add to supply risk
- Non-OPEC: upward revision to US Lower 48 offsets downgrades to Norway, Brazil and Russia
- US Lower 48: improving efficiencies push growth higher
- OPEC: Libya outages; easing of production restraint continues as planned for OPEC+
-
Global demand: Risks to growth are to the downside as 2022 begins
- As recovery continues, oil demand risks are to the downside
Tables and charts
No table or charts specified
What's included
This report contains:
Other reports you may be interested in
10 January 2023
Macro oils short-term outlook: January 2023
Macro oils short-term outlook: January 2023
Oil prices bumped down over the holidays and into the new year. We still project a moderate recovery in the market, especially in Q1 and Q2
$2,00008 December 2022
Macro oils short-term outlook: December 2022
Macro oils short-term outlook: December 2022
Oil market focuses on recession risk while EU Russian oil import ban and G7 price cap are implemented
$2,00009 November 2022
Macro oils short-term outlook: November 2022
Macro oils short-term outlook: November 2022
US SPR sales end in 2022, while the EU oil import ban on Russian crude starts in December, weighing on our Q4 2022 price outlook
$2,000