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NEWS |
Oil prices rise on US and Norway developments -Rystad Energy comments
Developments in the US continue to drive global prices this week, as the country is a key demand market and also a major supplier...
NEWS |
Covid-19 demand update: Oil seen down 10.8%, jet fuel down 33.6%, road fuel down 11.2% in 2020
Rystad Energy’s weekly comprehensive Covid-19 report calculates the effect of the novel coronavirus in our lives and offers updated estimates for global fuel markets.
NEWS |
Coronavirus Economy: Oil And Gas Companies May Lose $1 Trillion In Revenues This Year
Rystad Energy, an independent energy research firm based in Oslo, Norway, estimated that the devastating impact of the coronavirus pandemic will cut revenues of global oil and gas exploration and prod (...)
NEWS |
Oil rises on hopes for a demand boost -Rystad Energy comments
Oil prices rose on Wednesday morning as traders cling to potentially positive indications that the demand-supply gap may somewhat become smaller soon.
NEWS |
Oil prices, no news is bad news -Rystad Energy comments
They say no news is good news. Not for oil, not now...
NEWS |
Oil gains on US developments -Rystad Energy comments
In the morning we said no news is bad news, which was the reason oil prices both in WTI and Brent were trading with losses.
NEWS |
US oil shut-ins in numbers: Expect at least 300,000 barrels per day shut during May and June
US oil production of at least 300,000 oil barrels per day (bpd) will be shut during May and June, according to a Rystad Energy analysis of early communication from US oil producers.
NEWS |
Oil starts the week on a low note as storage problem looms -Rystad Energy comments
It is only natural that prices are dropping this morning if we look at the market forces. And they will remain under downwards pressure until we see significant upstream shut-in volumes actually comme (...)
NEWS |
Canada’s upstream spending set for 20-year low, while 2Q shut-ins likely to reach at least 1.2 million bpd
In light of recent guidance revisions and the wider collapse in drilling and completion activity in Western Canada, Rystad Energy now expects total 2020 Canadian upstream spending to fall below C$21 b (...)
NEWS |
Oil largely stable as storage crisis approaches -Rystad Energy comments
Today’s optimism reflected in the front month futures prices for Brent and WTI, both of which now are for settlement for the month of Jun-20, is not justified....
NEWS |
COVID-19 demand update: Oil seen down 10.4%, jet fuel down 31%, road fuel down 10.5% in 2020
Rystad Energy’s weekly comprehensive Covid-19 report calculates the effect of the novel coronavirus in our lives and offers updated estimates for global fuel markets.
NEWS |
US fracking set for the biggest monthly decline in history as oil prices collapse and Covid-19 persists
The Covid-19 pandemic has ravaged global oil demand and, coupled with the extremely low price levels brought on by the wide supply surplus, is likely to cause the largest monthly drop in fracking acti (...)
NEWS |
Oil gets a boost on US developments -Rystad Energy comments
The oil market was looking for something to hold onto after days of painful declines in prices and today found some relief in developments in the US....
NEWS |
Oil back up from 40 - Rystad Energy comments
Physical oil market broken beyond recognition as market realizes the storage wall is already being hit....
NEWS |
Update: Oil on a free fall again -Rystad Energy comments
Update: Oil on a free fall again -Rystad Energy comments
NEWS |
Oil on a free fall again -Rystad Energy comments
The real problem of the global supply-demand imbalance has started to really manifest itself in prices. As production continues relatively unscathed, storages are filling up by the day...
NEWS |
Oil futures down and spot flat as storage starts to fill -Rystad Energy comments
The soon-to-expire WTI NYMEX front month contract for May 2020 settlement has dropped again tremendously this morning in low volumes...
NEWS |
Oil prices hardly changed as market waits for more news -Rystad Energy comments
Oil prices are largely unchanged this morning as the soon-to-expire WTI front month futures for May still trading around the $20 mark, after closing below $20 yesterday for the first time since Februa (...)
NEWS |
COVID-19 demand update: Oil seen down 9.6%, jet fuel down 31%, road fuel down 9.6% in 2020
Rystad Energy’s weekly comprehensive Covid-19 report calculates the effect of the novel coronavirus in our lives and offers updated estimates for global fuel markets.
NEWS |
US crude stock builds break records as refinery runs forecast to fall by 3.8 million bpd in April
US crude oil stock builds hit a new weekly record in the week ending April 10 (week 15) as about 17.2 million barrels was sent into storage, Rystad Energy estimates...
NEWS |
Covid-19 and low oil prices could cancel more than half of 2020’s licensing rounds globally
More than half of the world’s planned licensing rounds are likely to be cancelled this year due to the combined effect of the Covid-19 pandemic and the ongoing oil price war, a Rystad Energy impact an (...)
NEWS |
Oil prices mixed as supply-demand imbalance persists -Rystad Energy comments
Prices are mixed on Wednesday morning and only changed marginally as the market is now digesting the developments of the last few days...
NEWS |
Oil price largely stable on mixed signals -Rystad Energy comments
The OPEC+ deal during Easter holidays brought no resurrection to oil prices on Tuesday, as they just are trading almost 1% higher this morning.
NEWS |
Rystad Energy’s comment on G20 and OPEC+ meetings
G20 today decided to take a more active role in helping the oil market but did not make specific commitments or give a number of potential cuts....
NEWS |
Comment on OPEC+ compromise with Mexico from two Rystad Energy analysts:
Comment on OPEC+ compromise with Mexico from two Rystad Energy analysts...
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