Oil market update

16 September 2019

Head of commodities, Callum Macpherson, provides a weekly update on the movements and changes impacting the oil market. 

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16 September oil market update

It has been a busy week in the energy markets, however all of it paled into insignificance compared with the drone attack on Saudi Arabia over the weekend.


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Earlier episodes of this podcast

9 September oil market update

The market ended quite strongly last week with Brent over 62 $/barrell, in this week's podcast we're going to be focusing on the change in oil minister in Saudia Arabia.

2 September oil market update

Now that we are in September, we review the turbulent month of August, which saw oil trade between 56 $/b and over 60 $/b.

19 August oil market update

The high of 61.50 $/barrel did not last long last week as it decreased down to 57.67. We take a look at why it has been so choppy.

12 August oil market update

It was another week of very sharp movement lower last week, we take a look at the drivers behind that and what to look out for in the week ahead.

5 August oil market update

There were some sharp movements lower in the oil markets at the end of last week. We analyse this and how it may impact outlook.

29 July oil market update

There hasn’t been much movement in oil prices over the last week, but we did see a large draw in US inventories. We explore that, the IHS report on shale investor pressure and upcoming events which could affect Brent’s recent stability.

15 July oil market update

It was quite a mixed week last week with the market moving significantly higher due to tensions in the gulf and a fall in US inventories. We review this and the news coming from the International Energy Agency.

8 July oil market update

We take a look at what has been impacting oil prices this week including movements at the latest OPEC meeting and what impact the incident involving the British seized Iranian oil tanker.

1 July oil market update

With a busy weekend with the G20 summit in Osaka taking place, we take a look at this and other news impacting the oil market.

24 June oil market update

With Brent rallying very sharply last week and US/China trade talks possibly restarting, we take a look at a potentially positive week for oil.

17 June oil market update

We take a look at the reported attacks on tankers in the gulf and a relatively negative report from the IEA in this week's podcast.

10 June oil market update

Oil fell further last week, so we take a look at whether we have seen the low for now and consider the outlook for US summer demand.

3 June oil market update

Following the fall in oil prices in the recent days - we take a look at the drivers behind this and what it might mean for the OPEC meeting later this month.

20 May oil market update

This week, we will be looking at the International Energy Agency's latest report on the state of supply and demand in the oil market, the drone attacks on Saudi oil infrastructure and what this might mean for oil markets and the technical outlook on Brent.

13 May oil market update

In this episode we are joined by head of upstream oil and gas advisory, Jonathan Wolf, to talk about developments in US production and the outlook for US shale.

7 May oil market update

This week we discuss the surprise twist in the US/China trade talks, the US sending an aircraft carrier to the Middle East, and whether increases in US crude inventories suggest the market is over-supplied.

29 April oil market update

Brent rallied to a new high of the year last week to over 75$/b, but was back below 72 by the end of the week. We take a look at what was driving this.

15 April oil market update

In this week's episode we shift our focus slightly from oil to gas and discuss the similarities between the gas market and the oil market.

8 April oil market update

Historically, Libyan oil production has suffered from political instability, and over the weekend there have been reports of fighting near Tripoli as forces loyal to General Haftar advanced on the city. Callum analyses this and the overall disruption in Libya's oil production.

2 April oil market update

Brent reached an new high of the year at 69.5 $ per barrel recently, we take a look at this, the trade discussions between China and US, and whether Brent can hit the 70 $ per barrel mark.

25 March oil market update

In this week's podcast we take a look at the movements in Brent recorded last week and where it might be heading in the future.

18 March oil market update

We give our reaction to Brent reaching a new high of the year and what impact, if any, the recent IEA report had on the markets.

11 March oil market update

In a slightly quieter week for the oil market, we take a look at the restart in oil production in Libya and the possibility of a breakout for Brent.

4 March oil market update

In this episode, we take a look at some month end data from Bloomberg and the key learnings from International Petroleum week hosted in London last week.

25 February oil market update

This week's episode centres on more news coming from Venezuela, easing trade tensions between the US and China, and a look ahead towards petroleum week.

28 January oil market update

This week's episode focuses on the impact of the political movements in Venezuela on the oil market.

21 January oil market update

In this episode we take a look ahead to 2019 and the commodities team's recent hedging considerations 2019 report.

Commodities

Helping to mitigate your exposure

Benefit from a range of hedging solutions and work with our experts to manage your exposure to risk caused by volatility in commodities.

From the archive - 2018 podcasts

  • December

    10 Dec oil market update

    Today, we discuss the latest OPEC meeting and the headline message that OPEC will be cutting production by 1.2mn barrels a day.

    3 Dec oil market update

    With oil prices recording a sharp recovery today there is a lot of noise coming from the oil market today. We also look forward to the OPEC meeting this Thursday.

  • November

    26 Nov oil market update

    The price of Brent plunged to less than $60 per barrel this week, we take a look at the possible reasons behind this and whether this is in fact the lowest we'll see.

    19 Nov oil market update

    Today we’ll talk through the very heavy sell-off in oil prices last week, we will consider whether the shift in sentiment is justified by fundamentals and if it could lead to OPEC cutting production.

    12 Nov oil market update

    Today we discuss the recent OPEC meeting in Abu Dhabi, last week's sell-off, the shape of the forward curve and what to look out for in the weeks ahead.

    5 Nov oil market update

    Today we talk about US sanctions which are now in force, what caused the move lower last week and the upcoming OPEC meeting.

  • October

    29 Oct oil market update

    We'll be talking about the drivers behind the heavy sell off in markets last week and touching upon the attempt by the US to delay the implementation of the Sulphur Cap in 2020.

    22 Oct oil market update

    This week we focus on Jamal Khashoggi and the possible impact this will have on oil prices.

    15 Oct Oil market update

    Brent finally falls among a number of key events in the week including the latest report from the International Energy Agency and the disappearance of the Saudi journalist, Jamal Khashoggi.

    8 Oct Oil market update

    Brent breaks through $85 per barrel, where will the market go next? We also hear from special guest Chris Brand to talk about currency.

    1 Oct Oil market update

    Today focuses on the 4 year high in Brent and what the investors have been doing in light of this.

  • September

    24 Sep Oil market update

    Oil prices go above $80 a barrel and are beginning to increase further, we discuss the possible reasons behind this.

    17 Sep Oil market update

    This week we take a look at the possible implications of Hurricane Florence on the price of oil.

    11 Sep Oil market update

    After last week's low for Brent, we take a look at why it is starting to show strength once again.

    4 September: Oil market update

    In our first of a weekly podcast, we take a look at why the price of oil has spiked since last month.

Commodities weekly newsletter

To receive our Commodities newsletters on Oil or/and Power & Gas please complete the form below.

Investec Bank plc and its subsidiaries recognise and respect the privacy and data protection rights of individuals with regards to personal data.
 
We may use your personal data to provide you with services you request from us,  or to manage your accounts, make decisions, detect and prevent fraud, fulfil any contractual relationship with you, undertake analysis and assessment, ensure that we comply with legal and regulatory requirements and/or for other purposes where in our legitimate interests.
 
For further details as to how Investec uses personal data, please refer to our Data Protection Notice

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