Energy Snapshot: Industry themes - April 2019

Get this report


You can pay by card or invoice

Contact us

Submit your details to receive further information about this report.

For details on how your data is used and stored, see our Privacy Notice.

- FAQ's about online orders
- Find out more about subscriptions

09 April 2019

Energy Snapshot: Industry themes - April 2019

Report summary

Although the oil and gas sector currently looks comfortable with the recovery in the oil price, not all markets are happy. US companies are cutting capex from the capital markets. Most strikingly, deal flow, particularly in the US, has stalled. European gas prices have also fallen sharply this year, following a surge in LNG supply, weakened Asian demand and a mild winter. Price weaknesses is expected this summer, with further downside if Russia does not curb its exports. A update of the oil cost curve shows small changes since last year, with the impact of US tight oil. The corporate team has also produced cost curves for the majors, which highlight the differences between the companies' portfolios. Our latest analysis of the oil market indicates continued support for the oil price, especially with a weak outlook for Venezuela. And, as we creep towards the adoption of IMO 2020, the longer term outlook for refining margins weakens as new capacity adds supply to the market.

Table of contents

  • LNG short-term weakness

Tables and charts

This report includes 1 images and tables including:

What's included

This report contains:

  • Document

    Energy Snapshot Industry Themes Apr 2019.pdf

    PDF 1.43 MB

Trusted by leading organisations