Crude price on Middle East tension before falling on concerns about coronavirus’s impact on global economy
Category: Oil Market Review
December Newsletter 2019: Oil Market Review
Crude prices recovered as trade tension wears off and OPEC agrees to extend cuts.
November Newsletter 2019: Oil Market Review
Crude prices remain volatile after September attacks due to on/off global trade tensions.
September Newsletter 2019: Oil Market Review
July Newsletter 2019: Oil Market Review
Brent continues to recover on Middle East tensions but is suppressed by trade war and supply concerns.
June Newsletter 2019: Oil Market Review
Brent recovers from May19 to above $65 on Middle Eastern tensions and recovering trade relations
May Newsletter 2019: Oil Market Review
Brent briefly broke $75 to 6 months high at 75.60 on supply tensions before retreating to below $70 on trade tensions
April Newsletter 2019: Oil Market Review
Brent finally broke $70.00 at the start of April and continued to rally on tightening supplies and US sanctions.
March Newsletter 2019: Oil Market Review
Brent has rallied the past month buoyed by voluntary and involuntary cuts to production. However, demand-side concerns are starting to weigh on traders’ minds as global economic forecasts continue to weaken.