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.
Record US crude exports have spoiled the party for the bulls, at least in the near term, weighing severely on July-August Brent spreads and pushing them into mild contango last week. Not only are US arrivals to Europe at an all-time high, June US exports to Asia are also likely to be at a record,..
European oil demand fell in March by nearly 0.1 mb/d y/y to 15.13 mb/d, likely affected by the timing of the Easter holidays, as diesel and gasoline fell by 24 thousand b/d and 36 thousand b/d y/y respectively. For comparison, Easter 2017 was in April and European demand fell y/y by 0.12 mb/d the..
Extract from production:We forecast that total Canadian liquids production fell by 9 thousand b/d m/m to 5.2 mb/d in March but was still higher y/y by 0.46 mb/d. The m/m slip was led by a 24 thousand b/d decline in synthetics output due to maintenance at Shell’s Scotford upgrader. Non-upgraded bi..