Amrita is the co-founder, Head of Research and Chief Oil Analyst at Energy Aspects. Amrita's specialism is in energy commodities, particularly oil and oil products. She’s also a Research Associate at Oxford Institute for 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.
Mexican liquids production fell m/m by 35 thousand b/d to 2.05 mb/d in August, lower y/y by 0.14 mb/d. Light crude led the m/m decline, with production down by 16 thousand b/d, likely due to hefty declines in Olmeca production, as super-light output fell m/m by 81 thousand b/d and light productio..
According to our crude balances, Q4 18 is set to be the tightest quarter we have seen in over a decade and tighter than any quarter we are currently predicting for 2019. This is due to a combination of the steep decline in Iranian exports, a lack of any near term spare capacity and the resurgence..
According to our crude balances, Q4 18 is set to be the tightest quarter in over a decade and tighter than any quarter we are currently predicting for 2019, due to the steep decline in Iranian exports, a lack of any near-term spare capacity and the resurgence of Chinese teapot buying, which pushe..
Chinese implied demand in August reached 12.31 mb/d, higher y/y by 0.36 mb/d (3%) off a weak base. Actual demand was probably higher than implied data as product stocks likely drew sharply. We estimate actual demand was 0.6-0.7 mb/d higher y/y.Apparent gasoline demand reached 3.22 mb/d in August,..
Indian oil demand fell by 0.13 mb/d m/m to 4.18 mb/d in August, the lowest level in a year as growth was tempered by severe floods in South India, but was higher y/y by 32 thousand b/d. However, these figures are distorted by weak readings for petcoke and other oils while demand for the main four..