Richard is a co-founder of Energy Aspects and contributes analysis across our research services. His areas of focus include the Middle East, global energy policy and geopolitics. Prior to Energy Aspects, Richard spent more than six years experience working with central government functions in both the UK and New Zealand. He regularly provides comments on energy markets for a wide range of media outlets. Richard holds a BA in Politics and International Studies from the University of Warwick and is a member of the Royal Institute of International Affairs (Chatham House).
The market remains jittery on potential Chinese tariffs on US LNG. Evidence suggests the big Chinese buyers that have US gas contracts are already looking to swap and diversify away from that supply for the coming winter. The Asian heatwave, which has eased slightly but is likely to keep some NE..
MENA LNG imports continue to decline and fell y/y by 1.00 Mt in June. Peak summer cooling demand will provide some support over Q3 18, when we expect the region to import 4.6 Mt, although this will still be lower y/y by around 0.8 Mt. Imports will continue to decline structurally in Q4 18 and bey..
Fundamentals is our monthly review of global oil data, this is the July edition.Thanks to rising GCC and Russian production before Iranian exports have actually dropped off, the market has to now contend with nearly 1 mb/d more supply than it had previously expected, and this (coupled with abysma..