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...
Last week was exceptionally challenging for the global oil market. Mark Le Dain, Validere's VP of Strategy, along with a panel of market experts offer their insight on OPEC+ supply and what to expect this week. Read the Rigzone article....
In a technical paper in the Pipeline and Gas Journal, Validere’s CTO Ian Burgess highlights the application of AI in increasing netbacks at a midstream terminal facility through the optimization of operational decision making. Read the article here. ...
Multiple complications reported globally related to VLSFO Following the implementation of IMO 2020, there is evidence of multiple complications globally related to very low sulfur fuel oils (VLSFO). Recently, red alerts have been issued from VLCC owners specifically flagging the sediment, high catalyst fines, high calcium...
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...
Thousands of market participants, companies, individuals and governments, track US crude inventories. These weekly inventory levels remain the best data point for market participants to gain a relatively current view on the global supply and demand balance. If inventories are building it means the market...