Commodity Weekly (October 09 2020)

October 9, 2020

Commodity Weekly (October 09 2020)

Market Updates

Delta Force, Peak Oil pushed out 25 Years and Increasing Gas Price Volatility Tells us something

In this week's edition, we discuss the impact that Hurricane Delta is having on oil & gas prices and try to understand what impact the Trump stimulus package will have.

OPEC is in the news again, this time revising its 2020 – 2045 demand and supply forecast. While it makes for good reading, the $9,900bn investment price tag to maintain the growth in supply they are suggesting is eye-watering. Given the $99bn per quarter requirement today, the oil markets are already behind the investment curve.

Elsewhere, we look at the increasing volatility of natural gas prices and make sense of what it could be telling us. For North American natural gas producers, given the relentless decline in market fundamentals over the last five years, the rising volatility is a portend of better days ahead.

Download Weekly

You might also like

Commodity Weekly (February 22, 2021)Commodity Weekly (February 22, 2021)

Market Updates

Commodity Weekly (February 22, 2021)

Commodity Weekly (February 08, 2021)Commodity Weekly (February 08, 2021)

Market Updates

Commodity Weekly (February 08, 2021)

Commodity Weekly (February 15, 2021)Commodity Weekly (February 15, 2021)

Market Updates

Commodity Weekly (February 15, 2021)

From the author

Join OGA's Publications Mailing List

Thank you! Please confirm you subscription via the email we have just sent you.
Oops! Something went wrong while submitting the form.

© 2020 Oil & Gas Advisors Limited
Website by Rugby Web Design