Dr. Yousef Alshammari is the CEO and Head of Oil Research at CMarkits, London, UK. He is a former Research Fellow at OPEC with a Ph.D. from Imperial College London. He is a speaker on energy and oil markets with various TV channels including Al-Arabia, CNBC Arabia, and Asharq Bloomberg. He is also a member of the group of experts on clean fossil fuels and natural gas at the United Nations Economic Commission for Europe in Geneva. His insight is often quoted by S&P Platts, Energy Intelligence, and CNBC.
Twitter: @YAlshammari
Following an important agreement among the OPEC+ members last month, oil prices have fallen in the last week, dropping by more than 9% since their highest…
Despite trading at above $74, Brent prices retreated following the comments made by the chairman of the Federal Reserve which gave a boost to the…
Despite the significant rally in oil over the past couple of weeks, demand uncertainty continues to affect prices. The outbreak of the second wave of a…
Despite the re-emerging Covid 19 crisis in India, oil prices maintained momentum even as OPEC+ has decided to go ahead with previously agreed production hike…
Compared to April 2020 “Black April”, seen as one of the worst months for global oil markets, April 2021 tells a very different story. Fundamentals…
Oil prices are pulling back this week as concerns about the rising number of COVID-19 cases and imposed lockdown measures in Europe and many other…
The closure of the Suez Canal led to a moderate price rally last week, which came after a significant decline in oil prices triggered by…
Following the price rally seen last week, oil prices have retreated to slightly lower levels, below $70 (Brent) and $64 (WTI). The main drivers of…
The OPEC+ decision to roll over current cuts till the end of March has come as a surprise to the oil markets as it is…
After breaking the $50 barrier last year, oil prices are currently trading above $60. The major drivers behind this rally include the rise in vaccination…
Oil prices have finally hit $50 last week, a projection that we made back in June this year. Bullish sentiment prevailed in the oil markets over the…
Despite the OPEC+ decision to ease output cuts, oil prices have rallied over the past couple of weeks, supported by vaccine news and the start of vaccination…
Oil markets feared that a Biden victory will lead to a price crash given his clean energy agenda, yet, prices have only been affected by…
Oil markets retained strength over the past week following the OPEC+ JMMC meeting which had sent positive signals to the oil markets. CFTC data shows…
Oil markets retained strength over the past week despite many bearish factors influencing the global economy. COVID-19 cases spiked in Europe leading to new lockdown…
Oil markets recovered on Monday morning after closing lower last Friday. The discharge of the U.S. President from hospital generated a sort of relief in…
Market sentiment has been generally bullish over the last week supported by (i) supply disruption caused by Hurricane Sally in the Gulf of Mexico (ii)…
Oil markets are spiraling downwards as bearish factors mount and sentiment shifts. One of these factors is the concerns over rising exports from OPEC+ in…
Despite a moderate price rebound on Wednesday, oil markets have been under significant pressure since last week. Brent prices closed the week at $42.66, down…
Following last week's price rally, oil prices move higher on Monday morning, on bullish demand figures coming from China. Additionally, U.S. dollar weakness contributed to last week's…