"Despite the price signals, there's little incentive to invest due to ESG considerations", says Energy Aspects' Amrita Sen. Amrita joins CNBC's Squawk Box to break down her expectations for the price of oil. Watch the full discussion here: .
#oilprices
Why has Chinese oil demand decoupled from macro?
@ea_amrita
speaks to CNBC's
@dan_murphy
about the oil demand outlook and the path for OPEC+ production cuts.
@ea_amrita
tells
@Bloomberg
Surveillance that we will continue to see a crude oil supply gap in the medium term in her latest interview. Access here 👉 - interview starts @ 1:53:28 mark 🛢 📈
#OOTT
As promised, here's an excerpt from the conversation with Pierre Andurand that was broadcast live to clients last Thursday (excuse the audio quality of recording). Learn how Andurand ranks trading opportunities across asset classes:
According to Energy Aspects’ Amrita Sen, oil is still expected to reach $120 by year-end. To learn the reasons for the bullish call, check out the conversation on Bloomberg: .
#oilprices
We're delighted to bring you an exciting new podcast featuring Jeff Currie, Chief Strategy Officer of Energy Pathways at The Carlyle Group, and
@ea_amrita
, Founder and Director of Research.
Tune in and get the latest market trends straight from the experts!
Watch or listen to
Watch Dr Sen's exclusive interview with Prince Abdulaziz bin Salman, Saudi Arabia's energy minister. He cautions about global oil demand and details the worries about underinvestment in the oil sector
Energy Aspects'
@ea_amrita
speaks to Jeff Currie in this exclusive podcast. Available first to subscribers early next week on the Energy Aspects platform.
Watch your email inboxes for a direct link when it releases...
#EnergyAspects
#Oil
#Podcast
#Oilprices
will move a lot higher, says Amrita Sen. There is growing panic in the market on Russian sanctions. The world's spare capacity is limited, and demand disruption is the only solver in this market. Amrita joins CNBC as oil prices go above $110. .
"We expect stocks to draw relatively aggressively in July, and by the end of August, we should be through the stock builds that we saw in the first half of the year," said Christopher Haines, an analyst
@EnergyAspects
.
The Energy Aspects team were delighted to be in Canada yesterday where we hosted an incredible event in Calgary, deep-diving into the future of North American oil and gas markets!
Founder and Director of Research, Dr
@ea_amrita
, along with Head of North America Gas, David
"I think the governments have played a big role in getting
#oil
prices down," says
@EnergyAspects
'
@ea_amrita
. "[The
#SPR
] was the single biggest supply to the global market last year. U.S.-led strategic petroleum reserves are pretty much emptied across many, many countries."
Watch Amrita Sen talk to Bloomberg about tightness in the physical oil market but weakness in the paper market over a gloomy outlook for the global macroeconomy
#oil
#OOTT
@bloombergtv
@FerroTV
@ea_amrita
Released for Energy Aspects subscribers earlier this week, the second instalment of the EA Forum podcast series is now available!
Jeff Currie, the Chief Strategy Officer of Energy Pathways at The Carlyle Group and
@ea_amrita
, Founder and Director of Research at Energy Aspects,
With the Fed expected to hike rates in May, OPEC+ cuts and China's reopening, Amrita Sen of Energy Aspects sees a tighter oil market with prices hitting $100 in the second half of the year
Director of research
@ea_amrita
joins
@CNBC
to discuss the Biden Administration’s possible response to the decision by
#opec
+ to cut
#oil
production, including whether to release more strategic stockpiles from the
#spr
'Significant SPR releases and China lockdowns have not impacted demand yet, but as soon as China eases restrictions and starts to buy, supply losses will bite'. Amrita Sen joins CNBC to provide an outlook for oil markets. Watch here: .
#oildemand
According to Amrita Sen, there's currently a massive disconnect between the fundamentals and price.
Watch Amrita's discussion with CNBC, where she talks about the recent drop in oil prices, OPEC's spare capacity and market volatility: .
#oilprices
In an interview with
@SquawkCNBC
Asia earlier today,
@ea
-amirta gave her latest outlook on oil. Tune in to find out why we see oil prices rising in H2 23!
#OOTT
WTI Crude oil is back above $90 a barrel this morning, after nearing $94/barrel earlier this week.
@ea_amrita
weighs in on whether oil could hit $100/barrel anytime soon.
A full recording of Dr Amrita Sen’s conversation with Pierre Andurand is available on the EA client portal. By popular demand, snippets will also be posted on twitter this coming week.
Dr Amrita Sen re-iterates our view of crude market tightness in second half of the year, and highlights how jet market will be the big story this year. Watch clip below from FT Summit where she spoke a few minutes ago
Watch a 30-minute recording of
@ea_amrita
speaking all things
#oil
and
#recession
with
@ericnuttall
of Ninepoint Partners, a client of Energy Aspects' crude research service. Instant access to the webinar is provided on registration
Energy investors need not f.e.a.r. a recession. Hear why in this 30 minute recorded conversation with Amrita Sen, energy analyst Rockstar of
@EnergyAspects
. We discuss falling inventories, OPEC spare capacity, $180 oil, and my outlook for energy stocks.
The full 40-minute recording of Dr Amrita Sen's discussion with HRH Prince Abdul Aziz Bin Salman, Saudi Arabia's Minister of Energy, will be published on our client portal tomorrow. Public version to follow by next week.
#oott
Sat down yesterday with HRH Prince Abdul Aziz Bin Salman, Saudi Arabia's Minister of Energy, to discuss the Kingdom's view on energy policy, OPEC+ and much more. As ever, so thankful for the generous hospitality of HRH and the entire team at the Energy Ministry.
Amrita Sen and Yasser Elguindi write in
@ftcommodities
about how the entire Brent forward curve moving above $60 per barrel confirms the death of the 'lower for longer' narrative
Founder and Director of Research
@ea_amrita
live at the 26th
@WECouncil
in Rotterdam speaking on the panel - Repositioning Energy: Bold steps in the Middle East and Gulf States.
It is always a joy to go back to the birthing unit that
@SanFirstIndia
constructed with support from
@EnergyAspects
at Padur PHC. Today was extra special as we met some of the babies born there. Our first-born Bragadeesh is ten months old & our newest born 2 days ago
@SanFirstUK
Considering already legislated future drawdowns of the US SPR, President Biden only has about 60 million barrels to play with, if he wants to do another emergency oil release,
@energyaspects
Director of Research
@ea_amrita
tells
@Bloomberg
#spr
#oil
#OOTT
All set for
@AndurandPierre
in conversation with
@ea_amrita
on all things oil. Broadcast live from our Canary Wharf offices at 10am London. Clients only, with public excerpts to follow next week
Energy Aspects' Yasmin Comez and Amrita Sen also visited a school in rural India where EA Foundation has funded projects.
EA Foundation is distributing millions of pounds over the next few years to high-impact projects, making a real difference across its priority areas.
This morning we
@SanFirstIndia
visited the GHSS Mamallapuram and Padur PHC where
@EnergyAspects
foundation had helped build toilet blocks and birthing unit with the EAF team and
@SanFirstUK
co-founder
@DavidSanFirst
. The children received Happy Periods training and reusable pads
Yemi Odanye, Acting Deputy High Commissioner to Kolkata, together with fellow representatives from the British Deputy High Commission, attended yesterday a ceremony commemorating the inauguration of Energy Aspects' new office in Kolkata, India. Here pictured with members of EA's
“Every year we should build (stocks) in the first five months and then draw down in the summer. We haven’t this year. So if you believe that we are going to draw by 2.5mn b/d [in the summer] you need some form of resupply to fill that gap,”
@ea_amrita
via
According to Amrita Sen, the sell-off in commodities markets is a macro move and while it can continue in the near-term, expects oil prices to ultimately rebound as supplies remain tight. Amrita comments for Financial Times. .
#oilprices
#recession
We’ve launched our Annual Energy Aspects Oil Crossword! Test your oil market knowledge below. Answers to be published on Twitter and LinkedIn in January
#oil
#OOTT
#crossword
Confusion around the price cap has left the market thinking the EU can buy Russian oil. This is entirely mistaken, as the embargo supersedes the price cap. Oil markets could tighten “significantly” in the spring,
@ea_amrita
tells
@FT
Energy Aspects' Chief Oil Analyst Amrita Sen gives her analysis on how high oil prices would get and is not ruling out $100 crude next year. Watch the full Bloomberg interview here:
|
#OOTT
#OPEC
Energy Aspects is delighted to welcome Jeff Currie, Chief Strategy Officer of Energy Pathways at Carlyle, to the Board of Directors.
Jeff brings extensive experience in the commodities sector, having previously served as Global Head of Commodities Research at Goldman Sachs.
Dr. Amrita Sen moderates the "Future of refining and petrochemicals" panel at India Energy Week featuring industry leaders Krishnakumar Gopalan, Prabh Das, Prasad Panicker, Dr. Faisal Faqeer, and Dr. Ayed Al-Qahtani.
The market had mispriced the possibility of recession being much quicker and deeper says Amrita Sen in a discussion with CNBC. Amrita breaks down her outlook for energy prices as markets continue to fear a potential recession. .
#energy
#markets
The EU will go ahead with its 5 December embargo on Russian crude. The ban supersedes the G7 price cap, which has always been about the rest of the world’s ability to buy Russian oil, explains
@ea_amrita
to
@CNBCClosingBell
The macro sell-off is driving
#crude
prices lower, but backwardation in refined products indicates that
#oil
demand remains strong, while
#China
will be critical to next year’s balances,
@ea_amrita
tells
@BloombergNRG
[interview starts at 38 min mark]
Dr Amrita Sen today addressed political and energy industry leaders at Hamm's inaugural American Energy Security Summit in Oklahoma City. Event website at
Honoured to have OPEC Secretary General H.E. Mohammad Barkindo return to our London office for a market update from our oil research team. 2019 promises to be another year with high oil price volatility, and the role of OPEC will continue to be in the spotlight
#oil
#OOTT
#OPEC
Amrita Sen says that OPEC's 100,000 barrel increase is a symbolic gesture that makes no difference to the markets in a recent interview with CNBC. Watch the full discussion here: .
#OPEC
The oil market has defied logic for most of the last month and more, reacting bearishly even to bullish headlines. Amrita Sen discusses the volatility in the oil and gas markets as OPEC+ convenes today, September 5, on Bloomberg Daybreak: Middle East -
OPEC+ are likely to rollover production plans when they meet on Sunday, although further cuts are not completely ruled out, they are not in our base case, says ea_amrita
EA event: Highly engaging Q&A session - if we didn’t get to your question, please speak to the members of our research team present today. EA analysts from London, Singapore, New York, Houston, and Vienna are all here today
"We need a sustained investment programme to meet growing demand, but the incentive to produce is low if producers keep getting taxed due to ESG mandates", says Amrita Sen. "If that happens, then crude prices go up even further." .
#oilandgas
#oilprices
So what next for the oil price? Crude contracts have jumped in cost after the US warned its allies that they would be hit with sanctions if they don't stop buying Iranian oil by November.
@ea_amrita
@energyaspects
tells me the only way is up
@BBCBusiness
@BBCNews
Delighted to announce our acquisition of Its Not A Science (INAS), an independent research firm specialising in quantitative strategies for energy markets.
This adds quantitative capability and financial flow analysis to our offering, helping clients to break down market
The Gulf producers are not immune to declines, according to Energy Aspects' Head of Upstream Virendra Chauhan. In 2021,
#OPEC
well completions were less than half their 2014 peak. The group is losing circa 1 million bpd of capacity per year to declines. .
A few weeks ago, our Global Crude Lead Christopher Haines collaborated with the Japan Exchange Group, sharing insights on the Oil Market Outlook for 2024. You can watch the outlook here -
"Gone are the days of millions of barrels per day of output growth [in the US]. It gives Opec much more of a free hand because it doesn’t need to fear a sudden surge in shale.”
@ea_amrita
tells the
@FinancialTimes
@ea_amrita
joins
@BloombergTV
at 7.30 am (ish) GMT to discuss the outlook for oil markets following yesterday's OPEC decision and today's implementation of the G7 Russian oil price cap and EU crude embargo. Tune in.
#OOTT
#oil
#OPEC
We are deeply saddened by the passing away of OPEC Secretary-General Mohammad Barkindo yesterday. We offer our heartfelt condolences to his family, loved ones, the OPEC Secretariat and his home country, Nigeria. He will be missed.
In case you missed
@ea_amrita
earlier today here is a link to her interview and If you want to get a better understanding of financial flows you can always request a trial to Its Not A Science (INAS) - the latest member of the EA family - at
The
#EnergyAspects
team is excited to be back in Shanghai this week. Yesterday, our China Oil Analyst, Jianan SUN, delivered a speech at the China Oil Trading Conference 2025, discussing 'Crude shipping dynamics amid fundamental uncertainty. It was a great opportunity to meet
“He’s saying the quiet bit aloud,” says Rob Campbell, head of energy transition at
@Energyaspects
, referring to the Boeing chief’s comments. “There are no cheap ways to do SAF — if there were, we would already be doing them.”
"The US Release of 50m barrels of
#crude
is 'a symbolic move' that would have little longer-term impact", says Amrita Sen. Most of this oil would have to be replenished next year, which will boost prices. Amrita shares her views with Financial Times: .
"Uncertainties over energy policies, including concerns that additional oil and gas investments will violate net zero pledges, are depressing capital expenditure below the levels warranted by supply and demand fundamentals", says Amrita Sen.
The economy is slowing, but we do not see a 2008 or 2009-style recession, with global demand still likely to remain strong next year. Amrita Sen discusses the impact of recessionary fears on the global oil market on Bloomberg. .
#oildemand
Released for subscribers last week, Energy Aspects is proud to give you the latest content from the new EA Forum, featuring Haitham Al Ghais, OPEC Secretary General.
In this article, OPEC Secretary General Haitham Al Ghais:
- Outlines why OPEC believes oil demand will continue
Watch Amrita Sen talk to Bloomberg about: the uncertainty injected into oil markets because of geopolitics; OPEC and US production: and the global demand outlook
#oil
#OOTT
@FerroTV
@BloombergTV
@ea_amrita