S02 Ep34 Energy Market Update: Brent falls to 2021 levels

Loading player...

Brent has fallen to its lowest level since December 2021. Investec's Head of Commodities, Callum Macpherson looks at the impact of this and if OPEC+ will likely manage to agree to a solution.

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.

16 Sep 2024 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 Ep32 Energy Market Update: Markets react to Trump-Putin summit amidst ongoing tariff concerns

With Trump's deadline for a Russian ceasefire passing, Brent crude fell to $65.50/b, indicating market speculation about potential deals. As focus shifts back to rising OPEC+ output and summer demand, the implications for global oil and gas markets remain uncertain. Please note: this podcast is provided for information purposes only…

11 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

S03 Ep30 Energy Market Update: Oil prices rise following EU trade deal with the US

Oil prices have edged higher following the recent EU trade agreement with the US, which prevents the imposition of higher tariffs. While details are still being finalized, the agreement is seen as a positive step for oil markets, with OPEC+ members set to meet next weekend to discuss September production…

28 Jul 4 min

S03 Ep29 Energy Market Update: Oil prices remain rangebound amid new EU sanctions on Russia

Oil prices have stayed relatively stable over the past week, strengthening slightly following the announcement of fresh EU sanctions on Russia. Key developments include a new cap on Russian oil prices and expanded sanctions targeting the financial sector, raising questions about the market's response to looming US tariffs. Please note:…

22 Jul 3 min

All episodes