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April 13, 2020

U.S. | Oil Prices: Can the new output deal save producers?

Rather than boosting prices in the short-run, the production agreement could result in less volatility and more stable conditions for the market to recover.

March 23, 2020

Oil, pandemic and climate change

In the midst of the global crisis caused by the COVID-19 pandemic, Saudi Arabia's increased oil production and cutting of prices went unnoticed.

December 4, 2019

U.S. Oil Prices Outlook. December 2019

2019 oil prices were in line with our baseline scenario. OPEC is discussing whether to extend its production quota. U.S oil production will expand further, albeit at a slower pace.

July 15, 2019

Oil Prices: Hard Times

To paraphrase Dickens: It is both the best of times and the worst of times for oil-producing countries. The outlook for OPEC is bleak. Despite production cuts, the price of Brent crude oil remains below $70 per barrel.

December 3, 2018

The outlook for oil prices

It has become common to see spikes in oil prices. Since October the price of Brent crude has fallen by 30% to around US$59 per barrel, its lowest level since October last year.