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January 22, 2021

U.S. | Oil Prices Outlook. January 2021

Economic recovery, output cuts, and progress on Covid-19 vaccination have boosted oil prices. OECD inventories are receding from above-average levels, implying a tighter market.

April 1, 2020

U.S. | COVID-19 and oil markets

These are unprecedented times for energy markets. Crude oil demand has crumbled as economic activity has been suspended around the world, and nearly 3 billion people stay at home to flatten the curve of contagion.

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.