Macro oils outlook reports
Understand the global macro oils outlook with short-term and long-term forecasts. Mitigate risk and make strategic decisions with confidence using trusted intelligence from our experts. We're here to support your business with exclusive insights into the macro oils outlook.
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Macro oils outlook reports
Macro oils short-term outlook: December 2023
The oil market reacted to the 30 November 2023 OPEC+ ministerial meeting with a decline in prices, as Brent slid to $80.58/bbl after the announceme...
Macro oils short-term outlook: November 2023
Prices have fallen in early November on reduced fears in the market of the Israel-Hamas war spilling over into a region wide conflict. After the 7 ...
Macro oils short-term outlook: September 2023
Prices rose during August, with Brent increasing to an average of $86.20/bbl, up $6.10/bbl from the July average. The strength in the market during...
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: October 2023
The month of September saw prices increase, as expected, after the announcement early in the month that Saudi Arabia and Russia were both extending...
Macro oils short-term outlook: August 2023
Brent recovered during July, averaging $80.10/bbl, slightly higher than our July forecast of $77.00/bbl. Our forecast for a tighter outlook in H2 2...
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