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: July 2024
After weakening in early June, with Brent at $75 to $78/bbl during the first week, Brent rose steadily to close out the month at $86-$87/bbl. What ...
Macro oils short-term outlook: June 2024
OPEC+ held its meeting on 1-2 June and agreed to rollover one set of the voluntary cuts that was due to expire at end-June. The 2.2 million b/d vol...
Macro oils short-term outlook: April 2024
Prices moved up in March, by $1.50/bbl from February, to average $85.40/bbl, close to our forecast of $85.00/bbl. The upward trend continued in ear...
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: May 2024
In early May, Brent fell toward $83/bbl after the political risk premium weakened with encouraging signs that a ceasefire in the Israel-Hamas war m...
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...
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