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: February 2024
During January and into February the oil market has largely held a range of $75 to $81/bbl for Brent. Tensions in the Middle East are ratcheting up...
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: March 2024
The price of Brent is breaking out of the broad $75 to $81/bbl range in place since the start of the year. Driving prices upward is the tightening ...
Macro oils short-term outlook: January 2024
As the new year gets underway, Brent is trading in the mid to high $70s. Prices are under pressure as the fundamentals weakened in Q4 2023 and are ...
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...
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