Qatar recently announced plans to leave OPEC starting January 2019, ending its nearly six-decade long membership. The decision comes amid tensions with neighboring countries as a trade and travel embargo was imposed last June by a group of Middle Eastern countries led by Saudi Arabia and including Bahrain, Egypt, and United Arab Emirates. Political considerations […]
Will private equity cap oil prices?
The general consensus is that oil prices are headed towards some stability in the $60s for the near-term barring major supply disruptions. The OPEC supply cut — far more successful than anticipated thanks to the high levels of compliance as seen in Figure 1 — is now serving as a floor for oil prices. Compliance […]
2017 Outlook for Oil & Gas, Energy, and Chemicals
As we embark on 2017, the oil and gas, energy, and chemical industries must grapple with uncertainty that stems from various factors including the OPEC deal, Donald Trump’s election, Brexit, slowing emerging economies, electric vehicles, and new regulations. The ADI team has assessed these factors and uncertainties in our outlook for 2017. We welcome feedback […]