Analysis & Forecasts

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Regional analysis

Focus on macroeconomic trends, gas demand & production, storage, prices and trade movements

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Interfuel competition

Analysis of how gas prices respond to the price of other fuels, such as coal, renewables and nuclear

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Oil market outlook

A brief analysis of the direction of crude oil prices and of oil product crack spreads

Regional Focus: Middle East & Africa

Features

The chances that Turkish Stream will be built are low despite the improving relations between Moscow and Ankara. (Russian Presidency) Asia Pacific

Turkish Stream’s potential could be unrealised

The chances that Turkish Stream will be built are low despite the improving relations between Moscow and Ankara. Nevertheless, Russia will remain Turkey’s most reliable gas supplier.

The UK has a new government and a new energy department. These changes and other post-referendum developments are already affecting the gas market. (PA) Europe

UK energy: new government, new policies

The UK has a new government and a new energy department. These changes and other post-referendum developments are already affecting the gas market.

There has been a recent price convergence between European gas and Asian LNG. (Shell) Global

Is global gas price convergence here to stay?

The recent price convergence between European gas and Asian LNG – and whether there is more to come – is discussed in this contributed feature by Mitun Patel from QED Consulting.

Greenstream receiving terminal, Sicily. Italy’s dependence on gas imports is set to grow. (Eni) Europe

Italy – LNG opportunities at risk

Italy’s dependence on gas imports is set to grow. As potential new LNG import projects face delays, opportunities for more diverse and competitive supply could be missed.

Research Note

The implications of Brexit

Following the result of the UK’s referendum on its membership of the EU, considerable uncertainty looks likely to persist in the short term.

By Catriona Scott 30 June 2016 9:05 GMT

Comment

Low prices are starting to hit global oil and gas production and are stoking demand. (PA) Comment

When will oil prices bounce?

Low prices are starting to hit global oil and gas production and are stoking demand. Prices will eventually bounce, but only when the overhang of stocks is absorbed.

The Marcellus is the most prolific gas formation in the US, but the rig count there has fallen. (Statoil) The Analyst

US oil and gas production to decline in year ahead

A decline in US oil and gas production will tighten the market this winter, but the trend could reverse towards the end of next year as rig counts are improving.

A drillship off the Brazilian coast. (Anadarko) The Analyst

Statoil’s pre-salt deal will boost role of IOCs in Brazil

Statoil’s purchase of a majority stake in the BM-S-8 block offshore Brazil is a pivotal moment for IOCs’ ambitions to acquire a piece of the country’s pre-salt acreage.

BP's Q2 profits almost halved as a result of lower oil prices and weak refining margins.(BP plc) The Analyst

Gloomy Q2 results expected for oil and gas majors

The release of Q2 results by major oil and gas companies will offer insight into how they are coping with the current low price environment.