S03 Ep21 Energy Market Update: Oil prices remain rangebound despite recent news influence

Loading player...
Oil prices remained stable last week despite significant news, with Brent holding around $65/b amid OPEC+ discussions and Trump's comments on EU trade. Bearish factors may lead to further declines if trade talks falter. Meanwhile, gas and power prices in Europe have risen due to maintenance outages in Norway, pushing winter gas futures to their highest levels since early April.

Please note: this podcast is provided for information purposes only and should not be construed as an offer, or a solicitation of an offer, to buy or sell financial instruments. This podcast does not constitute a personal recommendation and is not investment advice.
26 May English South Africa Business

Other recent episodes

S03 Ep33 Energy Market Update: Trump and Putin meeting shakes global markets

Following their meeting after market close on Friday, initial uncertainty about the outcomes has shifted to optimism, with Russia agreeing to provide Ukraine with security guarantees. As markets react to this development, attention turns to the complexities of negotiations and their potential impact on oil, gas, and electricity prices. Please…
18 Aug 3 min

S03 Ep31 Energy Market Update: OPEC+ moves forward with unwinding additional cuts

OPEC+ has officially decided to unwind the remaining voluntary cuts, which aligns with recent market trends. This move, combined with the latest developments in US tariffs, has significant implications for oil supply and pricing. Please note: this podcast is provided for information purposes only and should not be construed as…
4 Aug 4 min