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).
Countries in the Middle East and North Africa (MENA) region imported just 0.56 Mt of LNG in April, lower y/y by 0.75 Mt. This came as demand from all of the main buyers underperformed versus expectations, which poses downside risks to our forecast that the region will import 12.5 Mt over 2018. Eg..
This is the May 2018 edition of our North America Quarterly, covering all important aspects of the region, with a particular focus on the growth of US production and its impact on regional and global balances for both crude and products. The NAQ is designed to be a comprehensive guide to US and C..
Fundamentals is our monthly review of global oil data, this is the May edition.Our 2018 balances have tightened nominally since last month, with H2 18 balances becoming tighter but Q2 18 going the other way. Near-final data for Q1 18 still shows no stockbuilds, as was expected at the start of the..
The past two weeks have seen the three key agencies publish their monthly forecasts. The EIA published STEO on 8 May, OPEC published MOMR yesterday and the IEA published OMR this morning.Misdiagnosing a central pillar of accurate fundamental analysis—demand for the IEA and non-OPEC supply i..