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OIL MARKETS BRIEFING
Granular data and expert analysis of key oil market issues
Latest Oil Markets Briefing
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OIL MARKETS BRIEFING
Benchmarking: Chinese Consumption, Russian Exports Shape 2023 Narrative
The 2023 global oil market forecast extends the volatility that began with the pandemic, and adds China's consumption, Russian exports and a natural gas crisis.
Tue, Jan 31, 2023
OIL MARKETS BRIEFING
Iraq's Output Flat Despite Strong Demand in Europe
Opec’s second-largest producer is finding solid demand in Europe for its main export grade as a replacement for displaced Russian crude.
Fri, Jan 27, 2023
OIL MARKETS BRIEFING
Upstream Tracker: Americas Leads World in New Oil Capacity
Over the next five years some two-thirds of new crude oil production capacity will originate in countries not aligned with Opec-plus.
Wed, Jan 18, 2023
OIL MARKETS BRIEFING
Russian Exports: Great Migration of Crude, Products Is Under Way
Russia’s oil exports in December sunk to a 16-month low, while those of petroleum products touched a 10-month high.
Thu, Jan 12, 2023
OIL MARKETS BRIEFING
Opec-Plus: December Output Notches Slight Gain
The 38.1 million b/d produced last month by the 19 Opec-plus countries with a quota was 2 million b/d short of the alliance’s collective target.
Tue, Jan 10, 2023
OIL MARKETS BRIEFING
Sluggish North Sea Trade Shows Need to Balance Slate
The trading cycle for March-loading barrels of North Sea crude is off to a sluggish start.
Wed, Jan 4, 2023
OIL MARKETS BRIEFING
SPR Sales Keep US on Track as Large Net Exporter
The US is solidifying its position as a net exporter of oil — last year thanks to SPR sales and in 2023 due to rising output.
Tue, Jan 3, 2023
OIL MARKETS BRIEFING
Benchmarking: Forecasts See More Demand Than Supply in 2023
Arriving at a global oil balance is always tricky, but for now consensus agrees that demand growth will outpace that of supply in 2023.
Wed, Dec 28, 2022
OIL MARKETS BRIEFING
West African Crude Trade Slows Ahead of Christmas
The West African crude market faces mixed portents ahead of February trade.
Thu, Dec 22, 2022
OIL MARKETS BRIEFING
Basrah Exports Fall, But Iraq Eyes Capacity Fix
Baghdad is hoping to hike its export capacity in the second half of 2023.
Mon, Dec 19, 2022
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