We haven’t written about oil and gas of late, but with the sector seeing supply constraints and high prices, we thought it opportune to publish the highlights of OPEC’s latest Monthly Oil Market Report (November 2021), released today (November 11, 2021). The report contains some very interesting economic data.
Continue reading “themoneynarrative oil and gas commentary (OPEC) – update #17”Tag: backwardation
A term used to denote the relationship between the current (spot) price and futures prices for a particular commodity. When the futures price is lower than the current price, the market is said to be in backwardation.
themoneynarrative oil and gas commentary (OPEC) – update #16
Today (March 11, 2020), OPEC released its latest Monthly Oil Market Report. The highlights are indicated below themoneynarrative’s comments. Continue reading “themoneynarrative oil and gas commentary (OPEC) – update #16”
themoneynarrative oil and gas commentary (OPEC) – update #15
Today (January 15, 2020), OPEC released its latest Monthly Oil Market Report. Here are the highlights:
Crude Oil Price Movements Continue reading “themoneynarrative oil and gas commentary (OPEC) – update #15”
themoneynarrative oil and gas commentary (OPEC) – update #14
Yesterday (December 11, 2019), OPEC released its latest Monthly Oil Market Report. Here are the highlights:
Crude Oil Price Movements Continue reading “themoneynarrative oil and gas commentary (OPEC) – update #14”
themoneynarrative oil and gas commentary (OPEC) – update #13
Today (June 13, 2019), OPEC released its latest Monthly Oil Market Report. Here are the highlights:
Crude Oil Price Movements Continue reading “themoneynarrative oil and gas commentary (OPEC) – update #13”
themoneynarrative oil and gas commentary (OPEC) – update #12
Today (July 11, 2018), OPEC released its latest Monthly Oil Market Report. Here are the highlights:
Crude Oil Price Movements Continue reading “themoneynarrative oil and gas commentary (OPEC) – update #12”
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