GLOBAL OIL RECAP AND BALANCES
| March 16, 2022
March 2022
The table below shows implied stock changes for 1Q22-4Q23 based on assumptions of: 1) OPEC participants’ target crude output under the current agreement, increasing +0.254 mb/d every month (at 100% compliance) from August 2021 until it unwinds all supply cuts by September 2022, and keep at September 2022 level through the forecast period. 2) Exempted 3 countries: maintain February output for the forecast period of March 2022-December 2022. Please find below the link to this month's Global Oil R.....
GLOBAL OIL RECAP AND BALANCES
| February 11, 2022
February 2022
The table below shows implied stock changes for 1Q22-4Q23 based on assumptions of: 1) OPEC participants’ target crude output under the current agreement, increasing +0.254 mb/d every month (at 100% compliance) from August 2021 until it unwinds all supply cuts by September 2022, and keep at September 2022 level through the forecast period. 2) Exempted 3 countries: maintain December output for the forecast period of February 2022-December 2023. Please find below the link to this month's Global Oi.....
GLOBAL OIL RECAP AND BALANCES
| January 24, 2022
January 2022
The table below shows implied stock changes for 4Q21-4Q23 based on assumptions of: 1) OPEC participants’ target crude output under the current agreement, increasing +0.253 mb/d every month (at 100% compliance) from August 2021 until it unwinds all supply cuts by September 2022, and keep at September 2022 level through the forecast period. 2) Exempted 3 countries: Iran and Venezuela maintain December output and Libya keeps November 2021 level through the forecast period Please find below .....
GLOBAL OIL RECAP AND BALANCES
| December 14, 2021
December 2021
The table below shows implied stock changes for 4Q21-4Q22 based on assumptions of: 1) OPEC participants’ target crude output under the current agreement, increasing +0.253 mb/d every month (at 100% compliance) from August 2021 until it unwinds all supply cuts by September 2022; 2) Exempted 3 countries maintain October output through the forecast period Please find below the link to this month's Global Oil Recap and Balances Report , which provides summaries for the latest monthly oil re.....
GLOBAL OIL RECAP AND BALANCES
| November 17, 2021
November 2021
The table below shows implied stock changes for 4Q21-4Q22 based on assumptions of: 1) OPEC participants’ target crude output under the current agreement, increasing +0.253 mb/d every month (at 100% compliance) from August 2021 until it unwinds all supply cuts by September 2022; 2) Exempted 3 countries maintain October output through the forecast period Please find below the link to this month's Global Oil Recap and Balances Report , which provides summaries for the latest monthly oil re.....
GLOBAL OIL RECAP AND BALANCES
| October 14, 2021
October 2021
The table below shows IEA, OPEC and EIA’s implied stock changes for 4Q21-4Q22 based on: 1) OPEC participants’ target crude output under the current agreement, increasing +0.26 mb/d every month (at 100% compliance) from August 2021 until it unwinds all supply cuts by September 2022; 2) Exempted 3 countries maintain September output through the forecast period Please find below the link to this month's Global Oil Recap and Balances Report , which provides summaries for the latest monthly oil rep.....
GLOBAL OIL RECAP AND BALANCES
| August 18, 2021
August 2021
The table below shows IEA, OPEC and EIA’s implied stock changes for 3Q21-4Q22 based on our OPEC or OPEC+ crude output assumptions:: Please find below the link to this month's Global Oil Recap and Balances Report , which provides summaries for the latest monthly oil reports published by the IEA, OPEC and the EIA.
SPECIAL REPORT
| July 28, 2021
On COVID: The Delta Variant and Children
Earlier today an article titled “How the Delta Variant Could Slow the Economic Recovery” appeared on The New York Times’ main website. [1] The article concludes that “there is no reason to expect a repeat of the huge disruption of 2020. But in terms of the recovery, this may amount to throwing sand in the gears.” We believe that the NYT analysis makes an extremely critical intrinsic assumption: the delta (or a later) variant will have a similar impact on each subgroup of the society as the orig.....
GLOBAL OIL RECAP AND BALANCES
| July 16, 2021
July 2021
The table below shows IEA, OPEC and EIA’s implied stock changes for 3Q21-4Q22 based on our OPEC or OPEC+ crude output assumptions:: Please find below the link to this month's Global Oil Recap and Balances Report , which provides summaries for the latest monthly oil reports published by the IEA, OPEC and the EIA.
DATA INSIGHT
| June 25, 2021
Haynesville: The Private Playbook
Last month, our coverage of US midstream operators’ earnings calls outlined an upside to production volumes through the summer across several US producing basins. We saw this as primarily being driven by private producers, who were poised to take advantage of a win-win scenario: grow production to capture favorable commodity pricing or entice a buyer to consolidate assets in key producing regions. With this in mind, we turned our attention to the Haynesville, which is home to some of the largest.....