ENG Market Strategy Oil

Market Focus: Oil market situation and outlook

The International Energy Agency, which is the OECD’s Energy watchdog, has just released its Oil Report for March 2020. This release coincides with the worst fallout in oil prices in a single day in decades. This new monthly edition of the IEA’s flagship publication comes amid increasingly gloomy prospects for the world economy, amid a seemingly irrepressible spread of the coronavirus pandemic.

ENG Market Strategy MENA ENG Oil

Market Focus: OPEC+ Meeting in Vienna

Falling global oil demand in the wake of the coronavirus outbreak Global oil demand has been hit hard by the coronavirus outbreak which led to the shutdown of much of the Chinese economy in January and February and the subsequent impact on supply and demand in China and all around the world, as the epidemic […]