Commodity market report

Macro oils short-term outlook: September 2017 oil price forecast

From

$1,350.00

Get this report

From

$1,350.00

Get this report as part of a subscription

Enquire about Subscriptions

Already have subscription? Sign In

Further information

Pay by Invoice or Credit Card FAQs

Contact us

Contact us about this report

Report summary

Hurricane Harvey slammed the US Gulf Coast on 25 August hitting US production refining capacity and demand. The impact was initially bearish for WTI with a peak of 4.5 million b/d of refining capacity shut down. In early September both Brent and WTI have strengthened on reports OPEC and Russia are considering an extension of the production cut agreement beyond the current period to end Q1 2018. The OPEC rumours do not have a material impact on our 2018 forecast because we have been assuming OPEC would extend the deal through 2018 since July. If the OPEC production deal were not extended beyond Q1 2018 prices would drop much further in 2018 than in our base case view for Brent to average $50 per barrel in 2018.

What's included

This report contains

  • Document

    Macro oils short term outlook September 2017 slidepack.pdf

    PDF 2.44 MB

  • Document

    Macro oils short-term outlook September 2017 Executive Summary.pdf

    PDF 190.43 KB

  • Document

    Macro oils short term outlook September 2017 price outlook.xls

    XLS 217.00 KB

  • Document

    Macro oils short term outlook September 2017 supply demand.xls

    XLS 963.00 KB

  • Document

    Macro oils short term outlook September 2017 slide charts.xls

    XLS 848.50 KB

  • Document

    Macro oils short-term outlook: September 2017 oil price forecast

    ZIP 2.86 MB

Table of contents

  • Executive summary

Tables and charts

This report includes 0 images and tables including:

Questions about this report?

  • Europe:
    +44 131 243 4699
  • Americas:
    +1 713 470 1900
  • Asia Pacific:
    +61 2 8224 8898