OPEC

  • Commercial and market outlook

    Flight of the Phoenix – could green investment point the way forward post-COVID?

    As economies around the world move from “disaster preparation” to “recovery preparation”, the low carbon and renewable sector has been earmarked as a means by which to target government support in a manner consistent with medium and long-term policy targets – such  the UK’s own net zero 2050 objectives. While...

  • Commercial and market outlook

    The 2020 oil price crash: How does it compare to previous events?

    This feature is part of our new Energy Market Watch coverage where each week we will provide insights and analysis on the latest trends in commodity markets, grid balancing and market fundamentals as the impacts of COVID-19 continue to emerge. You can sign up for the regular free update here. Brent crude oil...

  • Low carbon generation

    Oil prices slump as OPEC-Russia output deal collapses, prospect of price war emerges

    The price of crude oil has fallen by just over a third since last Thursday ($50/bl) after the production sharing deal between OPEC and Russia (OPEC+) seemingly collapsed following an inability by the group to agree a concerted response to the coronavirus outbreak. Having fallen by approximately 10% on Friday,...

  • Power and gas networks

    Saudi oil attacks raise prospect of higher energy bills

    Confirmation from the Saudi Arabian energy minister that drone strikes had reduced the country’s oil output by around half is set to resonate across the energy markets, given that the country is responsible for around 10% of the world’s oil production. Early trading on Monday has seen the price of...