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Non-OPEC supply at US$50 Brent in 2025 and 2026
With oil prices falling in early April, this question is back: What will happen to supply in a low oil price world? To address the issues raised in...
Oil and refining impact of US reciprocal tariffs
On 2 April, President Trump issued sweeping tariffs by executive order with a minimum rate of 10% applied to all trade partners, with some economie...
Oil and refining impact of US reciprocal tariffs
On 2 April, President Trump issued sweeping tariffs by executive order with a minimum rate of 10% applied to all trade partners, with some economie...
Spring arrives … and so do the blackouts
On 24 March, the Yucatán Peninsula experienced a blackout lasting over seven hours. The blackout affected four states—Campeche, Quintana Roo, Tabas...
Macro oils short-term outlook: August 2024
The month of August started with a shift in financial markets to widespread selling, bringing oil prices along with it. Brent fell nearly $3/bbl on...
Global gas industry in the Delayed Energy Transition scenario
In this analysis, we discuss a potential future of the global gas and LNG market in the case of a delayed energy transition – a scenario where glob...
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