To read this content please select one of the options below:

Prospects for oil and gas in the second quarter

Content type:: Expert Briefings
Location:: PROSPECTS Q2 2015
Keywords associated with this article:: Geographic: International INT China Japan Saudi Arabia South Korea United States PROSPECTS Q2 2015

Topical: economy industry gas growth infrastructure oil
ISSN:: 2633-304X
Citation:: Oxford Analytica (2015), "Prospects for oil and gas in the second quarter", Expert Briefings.
https://doi.org/10.1108/OXAN-DB198103

Thursday, March 5, 2015

Subject

Significance

Elevated levels of supply will keep oil and natural gas prices weak. The recent uptick in the price of Brent crude is not reflected in the oversupplied US market, so the slowdown in US crude output growth, centred on shale, should continue into the second quarter. Brent's recent price strength, in part, reflects brightening prospects for the global economy, but more evidence is needed to push prices higher.

To read this content please select one of the options below:

Subject

Significance

Related articles

All feedback is valuable

Report an issue or find answers to frequently asked questions