Event EM Drop-In: Russia election 2024 – War, sanctions and commodities 12th March 2024, 3:00PM GMT The outcome of Russia’s presidential election is a forgone conclusion. But there are big questions about what will happen in Vladimir Putin’s fifth term to the course of the war in Ukraine, to Russia…
Middle East & North Africa Economics Update Israel-Hamas spillovers weigh on non-Gulf economies The main spillover to the global economy, so far, from the Israel-Hamas conflict has been major disruptions to shipping, but there has been a bigger and broader economic impact in the MENA region... 20th February 2024 · 5 mins read
Commodities Weekly Natural gas and grains prices give way The plunge in natural gas prices breathed some life into what was otherwise a relatively quiet week in commodity markets. Prices have fallen heavily in most major gas markets as stocks remain high for... 16th February 2024 · 6 mins read
Energy Update US natural gas price collapses, revival to come by Q4 The precipitous drop in US natural gas prices won’t persist for the rest of the year. Prices should rise by Q4 as US production growth slows and LNG exports rise. 14th February 2024 · 2 mins read
Energy Chart Pack Energy Chart Pack (Feb. 2024) Our Energy Chart Pack has been updated with the latest data and our analysis of recent developments. Energy prices have so far shrugged off disruptions to shipping in the Red Sea and the risk of wider... 5th February 2024 · 1 min read
Commodities Weekly US natural gas prices to stay low in 2024 We have revised down our forecast for US natural gas prices this year, as the outlook for domestic supply has improved. Note: Join our special online briefing on Middle East conflict, shipping... 2nd February 2024 · 4 mins read
JODI Energy Demand Monitor JODI Energy Demand Monitor JODI data on global oil and natural gas consumption paint a nuanced picture of global energy demand. While oil demand growth slowed towards the end of last year, consumption of natural gas was... 29th January 2024 · 4 mins read
Commodities Weekly LNG frozen out of Red Sea, but gas prices to fall further Natural gas prices fell sharply this week, despite Qatar's decision to avoid sending LNG tankers through the Red Sea. We think the relative calm in the natural gas market reflects the fact that gas... 19th January 2024 · 4 mins read
Energy Update Energy prices are not that high in real terms Energy prices seem historically high at first glance. However, that is not strictly the case. After adjusting for inflation, oil and US natural gas prices are already at or below pre-pandemic levels... 19th January 2024 · 3 mins read
Commodities Weekly Middle East tensions to keep a floor under oil prices The Middle East continued to be the focus of commodity markets, although most prices ended the week either flat or lower. That said, the escalation of Houthi attacks on shipping and subsequent... 12th January 2024 · 4 mins read
Commodities Commodities Overview Chart Pack (Jan. 2024) Our Commodities Overview Chart Pack has been updated with the latest data and our analysis of recent developments. We think the big declines in energy prices are now behind us. Oil prices will remain... 5th January 2024 · 0 mins read
Energy Chart Pack Energy Chart Pack (Jan. 2024) Our Energy Chart Pack has been updated with the latest data and our analysis of recent developments. Energy prices will fall in 2024, although we think the big falls are now behind us. Supply has not... 4th January 2024 · 1 min read
Commodities Weekly Commodities wrapped; shipping chaos; OPEC frictions While the robusta price had the largest gain this week (~11%) due to ongoing drought and dry conditions in Vietnam and Brazil, the rebound in oil prices captured most of the attention, as this was... 22nd December 2023 · 5 mins read
Commodities Update COP28 & long-run energy demand The high profile announcements from COP28 around renewable capacity pledges and fossil fuel usage are ambitious, but strike us as either overly optimistic or vague. While we think renewable energy... 21st December 2023 · 4 mins read
Commodities Update A perfect storm at sea The attacks in the Red Sea are the third major disruption to maritime transport this year, alongside low water levels in the Panama Canal and collapse of the Black Sea Grain Deal. Much will depend on... 19th December 2023 · 4 mins read
Commodities Outlook Metals to benefit in 2024 from green transition We expect most commodity prices to rise in 2024 as major central banks loosen monetary policy and economic activity starts to pick up. Meanwhile, China’s policymakers have taken steps to support the... 15th December 2023 · 31 mins read
