What’s new in oil?

At the end of 2016 we wrote about a new era for oil and a new pricing pattern that we thought would hold into 2017.  Is the snake still stuck in the drain? How well is our price prediction holding up and what does it mean for M&A and the much beleaguered oil field services sector in 2017? … More What’s new in oil?

Snakes in a drain: a new era for oil?

The OPEC deal announced last week helped to propel the price of a barrel of Brent Crude over the $50 mark,  the highest for well over a year and almost double its January low. But prices have stalled since, underlining our view that this isn’t a one way ticket. So where next for oil?

Divergence and adjustment: looking beyond the ‘new normal’.

Takeaways:  Euro-dollar divergence and the weak commodities outlook are on the agenda this week as we await new pronouncements from the ECB and OPEC – keeping the Fed’s next move always in mind. Given this week’s fever pitch of speculation, the ECB might need to take pretty radical action to move markets further and keep … More Divergence and adjustment: looking beyond the ‘new normal’.