Insights

Countries have been shut down and markets are reacting to an unprecedented situation. Concern for the global economy is far surpassed by the immediate concern for the safety of loved ones. In that regard, we thank those fighting the pandemic on the front lines and...

As crude quality becomes increasingly important, key risks to reliable product supply are market events that affect quality, rather than simply volume. Changes in crude quality supply expectations are happening more and more regularly due to heightened regulatory and social shifts, along with the ever-present...

Associated Gas and Growth Forecasts A key concern for future North American gas prices is associated gas, since this production wedge is less responsive to price. The main reason often cited is the Permian, where oil production appears to be economic enough to keep gas production...

Saudi Oil Attacks: The Quality Angle Recent attacks on Saudi Arabia have resulted in significant shifts in global crude qualities. Some of these shifts highlighted quality themes we've previously discussed in unexpected ways. The shifts also give us insight into the Kingdom's situation, and may suggest...

During Q2 we monitored conference calls and corporate disclosure to see how big a role product quality played in results and estimates. We were not disappointed by the results, with product quality considerations being mentioned across North America. Our team has highlighted some of the...

As we start to see Q2 reporting across the energy space, we expect many companies to directly address their product quality - either proactively, or in response to questions from the investment community. This marks a recent phenomenon, as stakeholders start to investigate how product...