Following a relatively weak first quarter, a demand recovery thereafter combined with supply uncertainties should see Brent recover to trade in the $90s
oil prices
Oil prices fall on economic slowdown, more supply
The market is faced with the prospect of rising supply as demand moderates
Oil rises on US crude stocks and demand optimism
Oil prices continue their rally this week, on the back of an expected decline in US crude stocks and a coming uptick in global demand
Higher oil prices will not quickly reverse balance sheet deterioration
When higher oil prices result in higher revenues, governments may choose to allow their fiscal balances to improve or to increase spending to support their economies
Oil prices gain on multiple international events: Rystad Enrergy comment
Oil prices rise on President Biden’s push for a quick Covid-19 financial relief package, Iraq’s pledge to cut output and Indonesia’s seizure of oil tankers in its waters
Oil dives on new Covid-19 strain reports
Rystad Energy’s daily market comment from Oil Markets Analyst Louise Dickson
Gallery: Intense debates at the UAE Energy Forum
The 8th edition of the Forum, organised by Gulf Intelligence at the New York University in Abu Dhabi , hosted experts from around the world who passionately discussed a plethora of topics concerning the region’s energy sector.
Gallery: The Gulf Intelligence UAE Energy Forum
The 7th Gulf Intelligence UAE Energy Forum brought together over 250 energy industry stakeholders to Abu Dhabi to deliberate on crucial issues and events impacting the oil and gas industry.
UAE says shale oil glut strategic
Energy minister called for shale output to be cut