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Macro Oils short-term outlook May 2020
What a month it has been. A lot has changed since our 30 March 2020 Monthly Update including wider implementation of coronavirus containment measur...
Macro oils short-term outlook: June 2023
The OPEC+ group agreed at its June meeting to extend the current production cut deal through 2024, with some revisions to target levels. In additio...
Macro Oils short-term outlook: March 2021
On 4 March, OPEC+ decided to take a cautious approach to demand recovery by leaving its production restraint for April, including the Saudi extra 1...
Macro oils short-term outlook: March 2023
We are still on track to see a swift recovery to strong demand growth after the sharp decline in Q4 2022. A big 2.9 million b/d lift is forecast fo...
Macro Oils short-term outlook: September 2020
Brent prices edged higher than anticipated in August, supported by a lag in reversals for US onshore shut-ins and the preliminary closure of GoM pr...
Macro Oils short-term outlook: September 2021
The 1 September 2021 OPEC+ meeting results were not a surprise to the market, or to our short-term analysis. We continue to factor in a rise in pro...
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