Oil Markets

Delta Turbulence Shakes Markets

Copyright © 2021 Energy Intelligence Group

Oil markets are jittery as the Delta variant and Covid-19 vaccination gaps pose downside risks to demand. But we see the recovery being delayed, not derailed, with ongoing support for $70-plus prices. An uneven, volatile recovery will complicate Opec-plus' market management efforts — likely requiring continued group flexibility through 2022.

A megadeal struck with TotalEnergies could free Iraq from years of oil sector drift, according to Energy Intelligence analysis.
Thu, Sep 16, 2021
Ineos has announced additional investment to decarbonize Scotland's sole remaining oil refinery as the country aims to achieve net-zero emissions by 2045.
Wed, Sep 22, 2021
A rebound in inflows from Saudi Arabia, Iraq and Brazil helped China's overall crude imports stage a strong recovery in August, compared to July.
Wed, Sep 22, 2021