Chief Commodity Analyst News Today

SEBs Chief Commodity Analyst offered a rocket and drone warning in a new report sent to Rigzone.

It is very unlikely that Saudi/OPEC+ will cave in and switch from price over volume to volume over price.

The Declaration of Cooperation is a unique platform that facilitates cooperation between 23 oil-producing countries based on mutual respect, trust, and di...

The U.S. Energy Information Administration has revealed its latest Brent spot average price forecasts for 2023 and 2024.

BMI, a Fitch Solutions company, has raised its Brent oil price forecasts out to 2027.

It is now less than $5 per barrel away from that level and only noise is needed to bring it above.

The latest action from Saudi Arabia, if it drives the oil price to $100 per barrel or higher, must indeed lead to political heat from the U.S..

Saudi Arabia has no good reason to drive the oil price up to $100 per barrel, according to Bjarne Schieldrop, the Chief Commodity Analyst at SEB.

Rallies have been capped by short sellers and generally bearish macro sentiment.

Despite expectations of a looming oil market deficit, prices have remained surprisingly low.