Energy Chart Pack Energy Chart Pack (May 2024) Our Energy Chart Pack has been updated with the latest data and our analysis of recent developments. The fall in oil prices since Iran and Israel’s back-and-forth attacks suggests that some of the... 7th May 2024 · 1 min read
Commodities Weekly Oil prices crumple; natural gas volatility to remain The 6% fall in the price of Brent oil this week, to around $84 per barrel at the time of writing, was at least partly driven by receding fears that an escalation of hostilities in the Middle East... 3rd May 2024 · 6 mins read
Event Commodities Drop-In: Geopolitical risk and the commodities price outlook 2nd May 2024, 3:00PM BST Geopolitical risk may be ever-present in global commodity markets, but it’s arguably been an even bigger driver over the past year or so. With little sign of an end to conflict in Ukraine and the...
Green Transition Chart Pack Green Transition Chart Pack (Apr. 2024) Recent increases in natural gas prices in Europe have predictably been mirrored in the EU carbon price, which has risen from a 31-month low of €52 per tonne in February to €71 at the time of writing... 18th April 2024 · 1 min read
Commodities Focus Fed rate cuts won’t send commodity prices soaring The latest US CPI data may have dashed hopes of interest rate cuts as early as June, but looser monetary policy is still firmly on the cards late this year and over the course of next year. Lower... 16th April 2024 · 12 mins read
Middle East & North Africa Economics Update The Iran drone strike & the oil market implications There are clearly many ways in which tensions between Iran and Israel could escalate and push up oil prices following the Iranian drone strike at the weekend. But the risk that a conflict involving... 15th April 2024 · 4 mins read
Commodities Weekly Precious metals rise again; gas markets unstable The stronger-than-expected US CPI data for March may have sent the dollar and Treasury yields higher but commodity prices largely shrugged off the news. Indeed, precious metals rose strongly this week... 12th April 2024 · 6 mins read
Commodities Outlook Energy prices to cool, but metals to hold firm for now We expect most commodity prices to fall over the next couple of years as greater supply enters the market. Industrial metals are the exception, China’s policymakers have stepped up stimulus in recent... 4th April 2024 · 33 mins read
Global oil price hits seven-month high as Middle East tensions rise “Although the war in Gaza has not significantly disrupted oil supply so far, markets are clearly worried that an escalation in the conflict could come to involve the major oil-producing countries in... 3rd April 2024 · CNN
Commodities Update China PMIs suggest an upturn in commodity demand China’s PMI surveys in March are consistent with some improvement in economic activity and solid commodities demand. We think that government stimulus will continue to boost economic activity in the... 2nd April 2024 · 2 mins read
Commodities Weekly Strikes on Russia’s refineries raise oil price risks Further attacks by Ukraine on Russia’s oil refining sector were the major driver of crude prices this week with the price of Brent remaining firmly above $85 per barrel. Reports that the US had urged... 22nd March 2024 · 5 mins read
Event US Drop-In: Election 2024 – What you need to know about macro and market risks 26th March 2024, 2:00PM GMT A Biden-Trump rematch is now all but inevitable on November 5 and polls are pointing to a tight race. With Donald Trump threatening to raise tariffs, his team talking about scrapping the Inflation...
Energy Update Russia’s gas exports past nadir, crude to keep flowing The winner of Russia’s election may be a foregone conclusion but the outlook for its oil and gas sector isn’t. A tightening of sanctions is an ever-present risk and the outcome of the war is uncertain... 13th March 2024 · 4 mins read
Commodities Chart Pack Commodities Overview Chart Pack (Mar. 2024) We expect oil prices to edge lower in the second half of 2024 as OPEC+ starts to unwind its production cuts. However, the Israel-Hamas war, and associated risks to supply, will act as a floor under... 12th March 2024 · 1 min read
Energy Chart Pack Energy Chart Pack (Mar. 2024) Our Energy Chart Pack has been updated with the latest data and our analysis of recent developments. Oil prices have so far shrugged off disruptions to shipping in the Red Sea and the risk of wider... 11th March 2024 · 1 min read
