Rhidoy Rashid

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Rhidoy Rashid is an analyst at Energy Aspects. After completing his undergraduate degree in Economics and Politics at Leeds University, he went on to complete a Masters in Legal and Political Theory at University College London. He developed an interest in energy commodity markets following his internship with Energy Aspects in 2013.

Recent publications

  • | Downtime

    Over the past few weeks, gasoil timespreads have slumped into contango at the front while remaining firmly in backwardation across most of Q1 18. Part of this divergence can be attributed to over-zealous positioning, but maintenance deferrals, following the spike in margins after Hurricane Harvey, h…

    1 day ago - Read more

  • | Key agency forecasts

    This week the key agency forecasts have been published. EIA published STEO last week, OPEC published MOMR yesterday, and the IEA published its OMR this morning.Demand was the main source of discrepancy across the key agency forecasts this month. Downside revisions to demand pulled both the IEA and E…

    4 days ago - Read more

  • | IEA November Oil Market Report Summary

    DemandThe IEA revised 2017 global oil demand down by 60 thousand b/d to 97.65 mb/d, with y/y growth at 1.52 mb/d (compared with 1.58 mb/d forecast last month).The lower estimate was almost entirely concentrated in Q4 17, with demand for the quarter trimmed by 0.31 mb/d, on the back of higher prices …

    4 days ago - Read more

  • | OPEC November Monthly Oil Market Report Summary

    Demand2017 demand forecasts were revised up by 0.14 mb/d to 96.94 mb/d, with y/y growth at 1.52 mb/d (compared to 1.45 mb/d last month). We believe 2017 demand growth will be higher, at 1.6 mb/d.OECD and non-OECD demand estimates were raised by 70 thousand b/d each.2018 demand forecasts were revised…

    5 days ago - Read more

  • | Dusk to dawn

    This report marks the launch of our new European naphtha balances, supplementing our existing Asian naphtha balances.Very strong East of Suez gasoline demand has starved the US of imports over the last several weeks, but while relief is unlikely for a little while longer, the late-season Atlantic ba…

    1 week ago - Read more