Energy market podcast

Investec Head of Commodities Callum Macpherson shares his insights on the fluctuation in oil prices last week and the upcoming EU embargoes on Russian refined products.

Investec Head of Commodities Callum Macpherson looks at what 2023 holds in store for energy markets.

Investec Head of Commodities Callum Macpherson examines the impact of the strengthening Brent price.

Investec Head of Commodities Callum Macpherson discusses what was behind heavy falls in oil prices last week and how OPEC+ could react to market developments.

OPEC+ met over the weekend, Investec Head of Commodities Callum Macpherson unpacks some of the decisions announced.

There have been extraordinary scenes of lockdown protests in China over the weekend, Investec Head of Commodities Callum Macpherson discusses the significance of this is for energy markets.

There were sharp falls in oil prices at the end of last week, as Brent fell below 86 $/b. Investec Head of Commodities Callum Macpherson discusses these developments and what to expect from the upcoming OPEC meeting.

There were some big swings in oil prices last week, Head of Commodities Callum Macpherson discusses what’s behind this.

Contrary to recent rumours about China relaxing its zero covid policy, China has confirmed it will stick with the policy. What does this mean for oil?

Brent traded at its highest levels since early October last week, but is lower on Monday, what is driving the market at the moment? And a look at gas prices in Europe – the spot price is very low, but the futures are very low.

Brent traded below 90$/b last week and is not much higher on Monday. Last week, the US announced a reserve release, how much impact has this had on oil markets? And can the US continue releasing reserves in this way?

The International Energy Agency published its latest monthly report last week, warning about the risk of price spikes tipping the global economy into recession. What does all of this mean for oil prices?

OPEC+ announced a 2million b\d cut last week, what will this mean for production?

Brent traded under 85 $/b on Monday morning, taking it back to the lows at the start of March. Why has oil weakened so much? Head of Commodities Callum Macpherson discusses the latest on the oil market.

Head of Commodities Callum Macpherson discusses some big moves in gasoil and if the energy plan will help European markets.

Head of Commodities Callum Macpherson discusses what OPEC+'s decision to cut production mean for the balance of market.

Head of Commodities Callum Macpherson gives an update on the price cap on Russian oil and what to expect from the OPEC+ meeting this week.

Head of Commodities Callum Macpherson gives an update on the oil price and market ahead of the OPEC+ meeting next week.

Brent is back at over 100$/b, but remians soft and EU weakens some sanctions on Russia, listen to the discussion with Head of Commodities Callum Macpherson.

What is driving the weaker price of oil? And what has US President Joe Biden achieved with his Middle East visit?

Brent traded under US$100/b for the first time since April, what is behind this? And is Covid playing a part again?

Brent is trading much lower than last week, Head of Commodities Callum Macpherson discusses the factors behind this.

Head of Commodities Callum Macpherson discusses Iran talks, Russian oil prices and the oil market.

The International Energy Agency’s monthly oil report was very bullish and yet oil prices fell heavily last week, Head of Commodities Callum Macpherson discusses the latest from the report.

In this episode, Head of Commodities Callum Macpherson discusses market reaction to OPEC+ increasing output.

In this episode, Head of Commodities Callum Macpherson discusses China easing restrictions in some areas, the EU deal imposing an oil embargo against Russia and the upcoming OPEC meeting.

Brent traded over 115 $/b last week, does this mean brent is breaking out of its range? Investec Head of Commodities Callum Macpherson discusses the latest on the oil price.

Brent traded as high as 114 $/b last week, Head of Commodities Callum Macpherson explains what’s behind this move.

What should the market expect form the OPEC meeting on Thursday?

The market has two main considerations; disruption from the war in the Ukraine and Covid outbreaks in China. How is the market reacting to these uncertainties?

Brent came down again last week after the announcement of a release of crude from US strategic reserves, does the news of the reserve release ease supply issues for now?

Brent softer on Monday morning ahead of the OPEC+ meeting on Thursday.

Investec Head of Commodities Callum Macpherson discusses the oil price, Iran deal and the moves in the price of diesel and jet fuel.

Last week Brent broke through the 100 $/b mark and on Monday it came close to 140$/b, Head of Commodities Callum Macpherson discusses the unfolding events that are pushing up the price of oil.

Since the Russian invasion of Ukraine Brent broke 100 $/b for the first time since 2014, Investec Head of Commodities Callum Macpherson discusses some of the key issues for the energy market where the conflict is concerned.

Russian President Vladimir Putin has escalated the situation in the Ukraine and Brent has set fresh highs and European gas prices are sharply higher. What can we expect next?

OPEC agreed to increase production at its meeting last week, but Brent has continued to rally, does this mean OPEC is not doing enough? And is the rally driven by speculators?

Brent has now broken 90 $/b and we have an OPEC meeting on Wednesday, Callum Macpherson discusses what to expect out of the OPEC meeting.

Brent came close to 90 $/barrel last week, what have been the drivers behind this? And what did the International Energy Agency have to say that interested the oil market?

Investec Head of Commodities Callum Macpherson discusses his 2022 Oil Hedging Considerations note.

OPEC met last week, after a decision in December to leave the meeting in session. Callum Macpherson gives an update on the outcomes of the meeting.

In the last episode of the year, the oil market has been stronger over the last week -  is the market becoming more confident about Omicron?

In this week’s episode,  OPEC agreed to go ahead with their increase to output, but insisted that the meeting has not ended. Investec Head of Commodities Callum Macpherson gives an in-depth analysis.

In this week’s episode, there was a tremendous sell-off on Friday of around 10 $/b -  the market has recovered some of those losses this morning. Was this an overreaction?

In this week’s episode, the sell-off in oil deepened last week and Brent traded under 80$/b - what's driving this?

In this week’s episode, Brent reached a high of over 79 $/b - why did this happen and what is the significance of this move?

In this week’s episode, Callum Macpherson unpacks market reaction after OPEC+ decided to increase output by 400kb/d, when it met last week.

In this week’s episode, we look at what's the expected outcome of the  OPEC+ meeting taking place on Thursday 4 November and with Brent off its highs - is the market worried OPEC+ might increase output?

In this week’s episode, Brent has set a new high this morning after trading mostly sideways last week, Callum Macpherson unpacks what’s behind the latest numbers.

In this week's podcast, brent has broken 86 $/b and in its report published last week, the International Energy Agency has said that demand will increase because of fuel switching. How tight is the market likely to be in the coming months?

In this week's podcast, the market has moved higher since OPEC met on 04 Ocotber 2021. Has OPEC done too little?

In this week's podcast, OPEC+ are meeting on Monday 4 October - what will be the possible outcomes?

In this week's podcast,  Brent reached a high of over 79$/b - we discuss why this happened and what is the significance of this.

In this week's podcast, we discuss the reasons behind the latest oil price rally and the causation of the recent hike in gas prices. 

In this week's podcast, we discuss the impact of Hurricane Ida on oil production and progress being made with Iran and nuclear inspectors. 

In today's energy market podcast, we take a look at the impact of Hurricane Ida on production.

There have been some sharp moves lower in oil prices this week. We discuss what is behind this in the latest energy market podcast. 

Oil prices are still below $70 per barrel this morning having failed to bounce back after last week. We discuss what's been driving this and what it means for the oil outlook. 

Oil prices are below $70 per barrel this morning having traded lower compared to the middle of last week. We discuss what's been driving this and what it means for the oil outlook. 

This week, we look at the implications of the agreed increase in oil production in May 2022, after initial resistance from the UAE. 

Brent has traded in a very wide range since last week's OPEC meeting. Callum discusses the results of the meeting, US inventories and what we should be looking out for in the oil markets this week. 

OPEC met last week but failed to reach an agreement. Discussions centred around increasing production between August and December, however, the United Arab Emirates blocked the deal. We discuss the detail behind the stalled talks in this week's podcast.

Brent set its highest level since 2018 at $76.60 per barrel last week and so OPEC+ is looking likely to increase output when they meet up on Thursday. We discuss this and more in the latest Oil Market Update. 

In this week's podcast, we discuss the impact of the newly elected president in Iran and the increase of oil prices to $75 per barrel off the back of the US inventory report, published on Wednesday. 

The G7 Meeting has been going on in recent days and tackling climate change has been one of the key themes. We discuss what has been agreed and how might it affect energy markets in the years ahead. 

This week Investec's head of commodities Callum Macpherson discusses the recent OPEC meeting and the reasoning behind the decision to increase production in June and July by 700,000 barrels. 

The price of oil managed to break $70 per barrel last week but not for very long. Callum Macpherson takes a look at what drove this as well as other factors impacting the market. 

In this week's podcast, Callum discusses the possibility of breaking the $70 per barrel oil price and the conclusion to the cyber attack on the colonial pipeline in the US. 

Head of commodities, Callum Macpherson takes us through the recent cyberattack that affected a pipeline in the US. 

OPEC has decided to stick to its planned increases for July and yet the market has rallied, head of commodities Callum Macpherson analyses why this may be. 

This week, we take a look at what OPEC might be speaking about ahead of a meeting on Wednesday.

This week, Callum takes a look at the IEA report and what it had to say about the state of the oil market.

It’s now a week since OPEC announced its supply increase and the market seems to have taken this supply increase in its stride. We take a look at whether oil prices will continue in the low 60s for the foreseeable future.

After last week's meeting, OPEC+ have reached a deal to increase output. Callum Macpherson discusses the details of what was agreed in this week's podcast. 

Oil markets have been watching the drama of the ship stuck in the Suez Canal. Reports this morning suggest the ship has been partially re-floated. We take a look at how this has impacted the market. 

Brent is hovering around the $70 per barrel mark at the moment. But the large increase in US inventories reported last week has not impact price. We discuss this in our latest podcast. 

Brent breached $70 per barrel at the end of last week but is slightly lower this morning. We take a look at what to expect this week in the oil markets. 

Brent breached $67 per barrel at the end of last week but is slightly lower this morning. We take a look at what to expect this week in the oil markets. 

Brent has continued to increase in price and has even come close to $64 per barrel today. We take a look at what is driving this move. 

Brent is trading at $60 per barrel for the first time since January 2020. Callum Macpherson analysis how this is possible considering demand is weaker now than it was then. 

Again the oil market has been little moved over the last week as Brent continues to trade around 55 dollars per barrel. 

It's been a relatively quiet week for oil markets. Callum Macpherson unpacks the recent events impacting the markets this week. 

This week we talk through the 2021 Oil Hedging Considerations pieces which Callum Macpherson's team issued at the end of last week.

Brent has performed very well since the new year began increasing to $56 per barrel. We take a look at why this has occurred and what may happen in the near future. 

OPEC emerged after agreeing on a deal concerning oil demand. Callum analyses this and the impact on the oil market. 

OPEC and its associates have a lot to think about as its two-day meeting starts today (Monday 30 November). 

Brent rallied up to 46 dollars per barrel this morning in response to positive news surrounding Covid-19 vaccines. We take a look at what this may mean for OPEC heading into 2021. 

We take a look at how the news of a potential Covid-19 vaccine will have on the oil market. 

We saw a break out in the range last week and Brent moved down to the mid-30s, Callum analyses the contributing factors. 

Brent rallied strongly at the end of last week, possibly due to Hurricane Delta passing through. We analyse this and other factors impacting oil price this week. 

Due to a number of reasons including; coronavirus and uncertainty over President Trump's health, Brent traded down to its lowest levels since June last week. Callum Macpherson reviews this and what may happen in the next few days. 

The oil market appears to have quietened down again, we analyse why it has settled down and the rising strength in diesel demand. 

Callum Macpherson looks back on a volatile week for the oil market and examines the significance of recent moves. 

Brent reached $41.50 per barrel earlier today. We analyse this and US inventory numbers and gasoline demand.