Press | Contact us

Oil - Perspectives

The new Iranian year

Perspectives is our flagship weekly publication on oil, providing unparalleled information, analysis and views. This edition was published 23 Mar 2015

Over the past few weeks, Iran and the P5+1 world powers have made significant progress ironing out differences. Thus, the market’s excitement about an imminent deal has risen. Still, one major barrier remains, which involves the pace and sequence of sanctions relief. So no deal is done until it is done and, ultimately Iran’s Supreme Leader will need to make the call. Iran faces complex sanctions imposed over several decades by the US (all of which are written into law), the EU and the UN. W... Read more

The free fall in LNG prices seen since November finally came to an end, as a modicum of Asian buying meant prices into Northeast Asia bounced off their February lows of 6.9 $/mmbtu, and recovered to 7.85 $/mmbtu. While this m/m recovery is a welcome respite for producers, it is still at lower levels than expected at this time. However, while there was some modest winter support that helped drive some restocking purchases, it is hard to see an upward rally lasting a long time. The headwinds in t...
Read more

The Middle East Quarterly provides a comprehensive analysis of the region, examining key topics in depth and providing a detailed guide to regional supply, demand, trade flows and downstream capacity across the Middle East an...
Read more

While February was a bitterly cold month, and even colder than last February, US gas prices took the deep freeze in their stride. Prices saw some support to hover around the 3 $/mmbtu level, but this was still about half the ...
Read more

The European gas market is seeing its way through some big events this year already. The first one came largely unannounced and involved the Dutch government reducing the Groningen cap for H1 15 by around 3.25 bcm y/y, and th...
Read more

The free fall in LNG prices did not slow down over February, with Northeast Asian delivered prices tumbling by 65% y/y and by 29% m/m to 6.9 $/mmbtu. Last month we pointed out how all of this price action happened, and that w...
Read more