Amrita is the co-founder and Chief Oil Analyst at Energy Aspects. Amrita's specialism is in energy commodities, particularly oil and oil products. She’s also a Nonresident Senior Fellow at Atlantic Council, and a Research Associate at Oxford Institute of Energy Studies. Amrita holds an MPhil in Economics from Cambridge University, a BSc in Economics from the University of Warwick, and is pursuing a PhD at the School of Oriental and African Studies, University of London. She was formerly the chief oil analyst at Barclays Capital. She is frequently featured in leading media outlets, including the Financial Times, BBC News, Bloomberg, CNBC, Wall Street Journal, and Sky News.
Extract from crude oil: US crude stocks built by a small 0.1 mb to 509 mb, largely due to a 1.4 mb SPR release, which brings the total year-to-date SPR release to 12.7 mb. Tropical Storm Cindy did not impact the discharge of imported crude, with imports higher w/w, at 8 mb/d, led by higher Iraqi and..
4 hours ago - Read more
Our Middle East & Africa 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 & Africa. Each quarter, focus pieces delve into key issues that will..
1 day ago - Read more
Sentiment in the oil market remains morbid even though the physical market is perhaps showing some signs of emerging green shoots, thanks to Chinese teapots slowly starting to come back to the market for crude. China has undoubtedly overbought, but it has not overbought to the tune of 1 mb/d as impl..
2 days ago - Read more
Mexican liquids production was lower y/y by 0.16 mb/d in May at 2.31 mb/d, weighed down by high decline rates. Crude output was fairly steady m/m at 2.02 mb/d (placing compliance at 87%), while NGLs output eased below 0.3 mb/d, lower y/y by 10 thousand b/d. Output at Chuc fell y/y by 33 thousand b/d..
5 days ago - Read more
Energy Aspects estimates that Chinese implied demand in May reached around 12 mb/d, higher y/y by a massive 0.7 mb/d (6.1%), from a low base last year. Actual demand growth was likely lower at 0.3-0.4 mb/d y/y, as stocks seem to have built counter-seasonally due to limited product export quotas. Im..
5 days ago - Read more