oil market

Has the 2016 commodity price recovery got legs? | 13 Jun, 2016

Crude oil has doubled in price since February.  The rally in oil has coincided with a broader recovery in global commodity prices including coal.  H ...

Brent crash in animation (Part II) | 29 Feb, 2016

The wild ride continues in the crude market. Brent plunged below 30 $/bbl earlier this month as resilient production and inventory build spooked the m ...

Hub pricing in a converging global gas market | 07 Dec, 2015

There has been a pronounced downward revision of future price expectations across the global gas market as 2015 has evolved. This has been reinforced ...

Global gas price evolution: 5 key drivers | 26 Oct, 2015

The global gas market has been turned on its head over the last 18 months. In Q1 last year, Asian spot LNG prices were breaking records with the Platt ...

Structural transition in gas prices | 14 Sep, 2015

A sharp slump in spot gas prices last summer marked the start of a new phase of global gas pricing.  This summer the gas market has been relatively q ...

Oil market illustrates risks of relying on price forecasts | 15 Jun, 2015

Commodity price forecasts are widely used across energy markets. Forecasts are used as an input for a range of commercial activities including busines ...

Brent curve collapse in animation | 02 Feb, 2015

The Brent crude forward curve had a wild ride across 2008 and 2009.  The commodity supercycle peak dragged spot crude towards 150 $/bbl, with forward ...

Supply side response to lower crude | 26 Jan, 2015

This is the second article in a three part series on falling crude prices.  In the first two of these articles we look at the two key factors behind ...

Crude is not alone as it plunges into 2015 | 19 Jan, 2015

The plunging price of crude oil is the big story of the energy industry in 2015 so far.  The impact of this seismic shift in the pricing of hydrocarb ...

Market interconnectivity and the next 6 months | 01 Dec, 2014

The term 'big price move' is used too liberally in relation to energy markets which have a relatively high level of ambient volatility.  But last wee ...

Oil and coal pricing back in focus | 13 Oct, 2014

This blog is focused on gas and power markets.  But every few months we take a step back and look at the impact of the broader commodity market envir ...

Controlling an addiction to cheap money | 01 Jul, 2013

The importance of central bank monetary policy in driving commodity markets has been a key theme of this blog.  Since the onset of the financial cris ...

A commodity market perspective in 3 charts | 29 Oct, 2012

One of the themes of this blog has been the increasing importance of global commodity markets in driving pricing and value in European power and gas m ...

Intervention and commodity markets | 17 Sep, 2012

For the last 12 months, the dominant price trend in European power and gas markets has been downwards as global commodity prices have declined and Eur ...

RWE: Anatomy of a gas portfolio | 16 Jul, 2012

The gap between gas hub and oil indexed contract prices has been a key factor driving the evolution of the European gas market over the last five year ...

Global gas price snapshot July 2012 | 09 Jul, 2012

Every six months we have been reviewing developments in global gas market pricing dynamics.   Since we last did this in January, factors driving reg ...

Timera Energy’s 2011 review | 12 Dec, 2011

A year in review The season of long lunches, last minute shopping and visits from the in-laws is upon us again.  As a result this will be our last p ...

The downside risks to energy markets have intensified | 10 Oct, 2011

Will 2011 be a turning point for global energy markets? 2011 has been dominated by concerns about the impact of tightness in global energy markets on ...

The debt crisis and European energy markets: a new episode | 05 Sep, 2011

The start of a new episode August, usually a relatively calm month of empty meeting rooms and summer vacations, was this year marked by a sharp incre ...

Exchange rate impacts on European power and gas markets | 25 Jul, 2011

We explored the broad impact of asset correlations and exchange rate movements on European energy markets in an article last week. As well as the ‘m ...

The debt crisis and European energy markets | 18 Jul, 2011

Global financial markets are increasingly influencing European energy markets Two years ago a speaker at Flame, the annual European gas industry con ...

Global commodity markets (Part I): a paradigm shift? | 30 May, 2011

This blog is focused on European power and gas markets. But it is difficult to have a robust view on the evolution of power and gas markets without re ...