Conventional pre-FID breakevens give the Lower 48 a run for its money

• 14 3月 2018

Analysis of global oil cost curves indicates that many conventional pre-FID projects – even deepwater developments - are now competitive on a breakeven basis with US Lower 48 tight oil. However, this competitiveness has come at the expense of volumes. The trade-off of cost efficiency versus volumes means that in the medium- to long-term, the cost of supply is set to increase, highlighting the US Lower 48’s role as an important marginal barrel producer.

How the oil market plays out in 2021

• 15 1月 2021

Oil prices are on a roll, the 10% jump in January means Brent has tripled since the dark days of April 2020. How will the oil market develop in 2021 and can the price rise further still?

Why oil is pushing towards US$100/bbl…

• 18 2月 2022

What's driven the rally, what is the outlook for supply and demand fundamentals in 2022, and how will geopolitics, including the Russia/Ukraine crisis, play out?

Saudi attack, geopolitics and oil markets

• 20 9月 2019

The attack on Saudi Arabia’s oil infrastructure took out over 5% of global oil supply and temporarily pushed up prices by 20%. What does the attack say about the security of oil’s supply chain?

What does the US-China trade deal mean for refiners - and for the market?

• 20 1月 2020

After over a year of trade tensions, the US and China signed a “phase one” trade deal on 16 January. As part of the deal, China has agreed to increase the value of energy imports by US$52.4 billion above 2017 levels over the next two years. What could it mean for the oil market?

Macro Oils Service

Easily understand trends in the global oil market with our informed, independent view on oil prices and their key drivers.

Macro Oils Service

Easily understand trends in the global oil market with our informed, independent view on oil prices and their key drivers.

Six themes shaping the energy world in 2024

• 09 1月 2024

What opportunities, challenges and risks does the world of energy and natural resources face in 2024? Our experts share their thoughts.

Coronavirus pushes oil towards the abyss

• 06 4月 2020

As demand collapses, how will the market deal with oversupply? Find out in this week's Edge.

Kazakhstan’s upstream sector takes stock after nationwide unrest

• 19 1月 2022

For the global and regional energy sector, Kazakhstan’s stability matters. What are the short- and long-term consequences of recent events?

Why oil price recovery has further to run

• 05 6月 2020

Will the effect of coronavirus be more lasting for demand or supply? Will the oil price be lower-for-longer? Or, if demand recovers, could the sharp reduction in upstream investment lead to a tighter market and higher prices? Find out more in this week's Edge.

China’s demand drops for first time since 2009 as coronavirus hits oil markets

• 04 2月 2020

The near-term impact of the coronavirus outbreak on oil demand remains uncertain as much depends upon when and how China’s manufacturing industry restarts after the currently extended Lunar New Year public holiday.

Coronavirus, China and the big oil crash

• 12 3月 2020

Recent events have created a perfect storm in the oil markets, the likes of which have never been seen before. Do these clouds carry any silver lining? Listen to the latest episode of the Asia Pacific Energy podcast.

There's light at the end of the tunnel for refiners

• 31 1月 2019

The second half of 2018 was a very challenging time for refining. This weak commercial performance was due to a whole host of adverse market developments. Are these developments temporary or are they here to stay?

Saudi Arabia’s price push for oil market dominance in Asia

• 21 4月 2020

Competition is fierce and struggling Asian refiners must now take full advantage of the abundant crude options to maximise their margins.

Lower 48 oil and gas economics Q4 2023: three key takeaways

• 16 4月 2024

As winter 2023 comes to an end in the US, read about some of the key gas production and pricing updates from the last quarter

Preparing for ADIPEC 2024: 3 crucial questions answered

• 25 10月 2024

ADIPEC will take place from 4-7 November in Abu Dhabi. The event will focus on the role of energy in driving a comprehensive transformation that benefits people, the planet, and our collective prosperity.

The devastating impact of the great lockdown

• 17 4月 2020

There are signs that the coronavirus is gradually being brought under control in many countries, but any pick-up in activity will be tentative and uneven, and will face headwinds from the chaos in the global economy.

Oil producers cautious as recovery hopes rise

• 20 11月 2020

Good news on Covid-19 vaccines points to a rebound next year, but there are still some difficult months ahead

Oil Supply Tool

Understand the prospects for future oil and NGL supply, and make astute planning, trading and investment decisions.

Oil Supply Tool

Understand the prospects for future oil and NGL supply, and make astute planning, trading and investment decisions.

Surge in oil hedging could worsen US supply glut

• 27 3月 2017

Those hoping that recent oil-price weakness will prompt US producers to pull back drilling activity and ease the glut of oil supply may need to keep waiting.

Trump’s tariff plan: implications for the future of global liquids trade

• 01 10月 2024

A new tariff plan on imports would affect US consumers, global oil markets and refining, if implemented post US election.

What are the key risks and uncertainties in 2019?

• 18 12月 2018

What are the key risks and uncertainties in 2019? Simon picks the ones our analysts worry could threaten our base case, including oil demand downside, tight oil upside and Iran export volumes.

Geopolitics and the transition from oil to electric vehicles

• 23 10月 2018

Will geopolitics forever dog the transportation sector, even when electric vehicles (EVs) replace internal combustion engine (ICE) vehicles? Simon Flowers investigates.

What changed energy markets in the 2010s?

• 14 1月 2020

Can a decade be a turning point? So much happened in the energy sector, the 2010s might be seen as just that.

Will drivers see a repeat of 2014's gasoline price reprieve?

• 02 11月 2018

The average retail gasoline price in the United States is now close to U.S.$3 a gallon, while in Germany, gasoline is retailing at an average of €1.40 per litre. We last saw prices like these in November 2014. Could we see a repeat of the 2014 reprieve?

How uncertainty will define the oil market in 2021

• 28 1月 2021

Covid-19 and the oil price crash sent shockwaves through the oil market in 2020. How will continuing uncertainty affect global demand, supply and refining in 2021?

Five themes shaping the energy world in 2025

• 08 1月 2025

What opportunities, challenges and risks does the world of energy and natural resources face in 2025? From geopolitics to Big Oil M&A and innovation in power. Our experts share their thoughts.

The coronavirus second wave hits demand for oil

• 06 11月 2020

The numbers of new reported Covid-19 cases have been surging in Europe and the US, forcing lockdowns and putting a brake on the economy. In other news, China plans to end sales of conventional internal combustion engine cars by 2035, counting the cost of plugging old wells, and world oil and gas demand will peak around 2030, Equinor says.