The oil service, led by Amrita Sen, covers global crude and product markets. Energy Aspects publishes a comprehensive range of publications spanning data analysis, market fundamentals and geopolitical comment. Our team of experienced analysts provide the information and insight you need to stay ahead of the oil and oil products markets
Within this report you will be able to review the latest figures published by Baker Hughes by oil and gas shale plays in the US and by province in Canada.Fig 1: US total rig countFig 2: Major shale plays oil rig countOilGasTotal16 Nov 188881941,082w/w chg.2 ↑(1) ↓1 ↑y/y chg.150 ↑17 ↑167 ↑9 Nov 18..
Extract from crude oil:Due to this massive flow change into Cushing (including higher flows on Pony Express of close to 0.38 mb/d due to a Q4 18 expansion of 80 thousand b/d), we have revised our November and December forecasts. We now expect builds of 4.4 mb and 0.6 mb respectively for November..
Australian oil product demand rose in September, by 16 thousand b/d y/y to 1.03 mb/d, with y/y growth slowing because of high oil prices, continuing drought conditions and a weaker Australian dollar. Diesel demand rose by 31 thousand b/d y/y in September, to 0.49 mb/d, as Australia’s iron o..
Over the past two weeks the key agency forecasts have been published. EIA published STEO on 6 November, OPEC its MOMR yesterday and the IEA published OMR this morning.A much stronger-than-expected increase in US production in August resulted in all agencies extrapolating that growth profile throu..
We estimate that OPEC production went up m/m by 70 thousand b/d to 32.65 mb/d in October, down y/y by 0.21 mb/d. Nevertheless, compliance with the OPEC/non-OPEC deal rose to 152% (the highest level since May), from 149% in September. Compliance excluding Venezuela fell to 77% in October, from 87%..
Later this week we will be launching our Long-term energy market outlook service, which provides our forecasts for international energy markets out to 2040. Find out more here.Users licensed for the data service can access our global balances.Despite shouting from the rooftops about putting maxim..