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Insight

Gas demand response to lower prices

In 2022, record-high prices forced many companies in Europe and Asia to limit their exposure to the spot market, to switch from gas to alternative ...

Commodity Market Report

Macro oils short-term outlook: February 2023

The oil price is continuing to languish in the low $80/bbl area as the EU product export ban takes effect 5 February, along with a price cap plan f...

Commodity Market Report

North America Crude Markets short-term outlook: February 2023

US commercial crude inventories skyrocketed in January. Severe winter weather shuttered refinery units throughout PADD II and PADD III, hampering r...

Commodity Market Report

North America gas weekly update: A quick warm-up likely ends peak winter weather

After a near-record warm January, February’s colder episodes are only providing a brief interruption in the overriding warmth. In fact, minus Novem...

Insight

Weather disruptions and deferrals tee up major US refinery maintenance season

A common theme has arisen from the recent wave of earnings calls over the past few weeks, as oil majors and independent refiners alike have warned ...

Commodity Market Report

North America gas weekly update: Henry Hub gas prices in free fall

Colder weather, freeze-offs, and even Freeport LNG’s continued progress toward restart have failed to provide support for Henry Hub gas prices. The...