As OPEC targets backwardation, it will reduce shale supply, drive energy deals, and constrain Mexico's growth. In a Forbes article written by Mark Le Dain, VP of Strategy, he discusses how coordinating the structure of the oil price curve is beneficial for OPEC. Read more in...
A surge in demand for metals could be a surprise driver for oil demand. Mark Le Dain, VP of Strategy, offers his view on what to watch in the oil and gas markets this week. Read more in the Rigzone articles here and here....
As published in Forbes, read the article here. Quantitative easing (QE) was a response to the financial crisis. Under this policy the central bank buys government assets, and increasingly any assets, to support the economy. Previously in order to source funding, a government could sell bonds...
The Digital Energy Journal wrote a featured piece on Validere in their latest release. The article provides insight into how we analyze data and the pain points we are able to solve with it. Read more on page 11 in the DEJ issue here....
Crude oil inventory data could become more bearish soon. Mark Le Dain, VP of Strategy, shares his opinion on how the Strategic Petroleum Reserve needs to be considered when talking about U.S. crude storage. Read more in the articles here and here. ...
The pandemic has significantly altered where we work and how we get there. In a CBC article Mark Le Dain comments on how this change in behaviour will impact oil prices. Read more in the CBC article here....
Oil prices are one of the few levers that can prevent future U.S. dollar appreciation. In a Forbes article written by Mark Le Dain, VP of Strategy, he discusses his view on how oil prices can help rebalance the system. Read more in the Forbes article...
Many feel that the oil rally has gotten ahead of its fundamentals. In this week’s market insight, Mark Le Dain, VP of Strategy, shares his thoughts on how Saudi deliveries will no longer be a driving factor in the upcoming crude storage report. Read more in...
Over the weekend OPEC agreed to a one-month extension to production cuts totaling 9.7 million bbls/d. The one-month timeline is shorter than the market is used to from OPEC, where they normally set longer-term goals and meetings. While the COVID crisis naturally requires a quicker...
Low oil prices are accelerating the global dollar shortage and an even stronger US dollar could weigh on global growth. Mark Le Dain, VP Strategy, commenting on the recent currency trends with Business Insider. Read more in the article here. ...