Trends
Freezing output does nothing for the oil market
16 February 2016
If the best Opec can muster is a weak deal not to lift already high production this will add little strength to prices. But the Doha deal may be just the first step
Digging-in time
5 February 2016
The short-term fundamentals look dire. But producers must not panic
Jodi shines light on the oil market
3 February 2016
Everyone likes transparency, but not everyone likes to share data. The IEF is still convinced its Jodi database is the answer
A Saudi-Russia deal to cut?
2 February 2016
Both countries want higher oil prices. But a troubled history and near-term market dynamics suggest the time is not yet ripe
For refining, more volatility is on its way
26 January 2016
Margins will remain healthy in northern Europe and the US Gulf Coast until September. But a slide is coming
Global market in 2016 drowning in oil
26 January 2016
IEA and Opec see a grim 2016 for oil markets due to oversupply
Henry Hub pricing and Brent slump create LNG buyer’s market
26 January 2016
The new pricing system in global liquefied natural gas (LNG) markets was intended to offer a lower-cost alternative to oil-linked sales contracts. As oil prices have slumped and a global LNG supply glut persists, it has become a buyers’ market
Winter of discontent for US gas producers
23 December 2015
It hasn’t felt much like winter in many parts of the US thanks to El Nino, and that has helped push natural gas prices to their lowest level in more than a decade
Crude hits two-month low as Dated Brent closes
13 November 2015
Three organisations published reports as December Brent crude contract was poised to close two-month low in November
International Energy Agency warns of low oil price danger
27 October 2015
Governments should not count on oil prices remaining low when deciding their energy policies the head of the International Energy Agency (IEA) has warned
Oil markets remain in equilibrium
23 October 2015
Buyers moved in as the price fell, but the IEA is forecasting the length to continue for at least another year
Oil market out of balance despite rising demand
30 September 2015
Despite falling non-Opec supply and rising demand, the market still has a way to go
World oil supply falls by nearly 600,000 barrels a day
13 August 2015
The dip was mainly from non-Opec production, and in July it had fallen to 96.6m b/d
Shale producers optimistic as oil production falls
11 August 2015
Across the US' largest plays, shale output is set to fall for the sixth month in a row in September
Russia saw a surge of low-price exports this summer
10 August 2015
Gazprom's sales dipped in the first quarter of this year, but was followed by a surge of lower-priced exports
Stocks built by 3.3m b/d in second quarter, says IEA
30 July 2015
Saudi Arabia is pumping oil at record highs, Iranian supplies are about to hit the market, Iraq’s exports from the south are beating expectations and, across the Atlantic, North American oil production continues to rise
Crude market goes lower for longer
23 July 2015
Supply is up and prices are low - the end of 2015 will not bring a revival of crude markets
Global oil production dips but still strong
30 June 2015
The supply fell by 155,000 barrels a day (b/d) in May to 96m b/d, according to the International Energy Agency
Global demand growth this year will double 2014 levels
30 June 2015
Demand growth is up 320,000 b/d to 1.4m in 2015
Chemicals business lacking growth
26 June 2015
The chemicals business cycle free-wheeled last year as capacity grew by more than demand
International shale fades in low price era
24 June 2015
The oil market downturn along with regulatory obstacles have scuppered investor plans for international shale
Emerging suppliers are banking on China's gas needs
28 May 2015
The country is poised to be a pivotal player in global gas markets as demand surges
China's oil demand to slow as it enters new era
28 May 2015
Shifts in China’s economy mean the days of fast-paced consumption growth are nearing an end
Opec ready to stay the course after slow progress
22 May 2015
Prices need to fall again if the group's strategy to regain market share is to work
Oil price deadlock with only $4 price band
21 May 2015
The narrow range has been in play since April while contradictory views have been pulling and pushing at prices
Global supply holding steady at 3.2m b/d
21 May 2015
Data from the International Energy Agency has showed growth in global oil supply