September ' 18 Crude Oil Report
With our mix of near term and long term charts, we forecast if the upside might be capped for Brent in 2019 and beyond. We also analyze long term data (since 1980s) on the Global Demand-Supply Gap and Speculation Volatility (Crude futures) to form a basic understanding on how they might have historically impacted prices. A numerical estimate of price change brought about by a change in the Demand-Supply Gap by 0.1 mb/d is calculated. The updated data annexure contains interesting charts on global production, demand, inventory and reserves levels. Monthly projections till Aug '19 included.
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