Looming Recession and Weaker Global Demand Expected to Push Oil Prices Below $100/bbl by Year End
Calgary, Alberta (August 3, 2022) — Enverus Intelligence Research (EIR), a subsidiary of Enverus, the leading global energy data analytics and SaaS technology company, has released Macro Forecaster, a new report that assesses the continued impact of COVID-19, the Ukraine war and weakening global economy on near-term oil and gas balances. “Until July we have […]
OPEC Spare Capacity Is Limited, Mr. President
Calgary, Alberta (July 11, 2022) — Enverus Intelligence Research (EIR), a subsidiary of Enverus, the leading global energy data analytics and SaaS technology company, is cautioning about the limited benefits U.S. President Joe Biden’s trip to the Middle East will have on increased oil production or changes to crude prices. The report, OPEC – Supply […]
Latest PetroLogic Report Underscores Oil Supply Constraints
Calgary, Alberta (July 6, 2022) — Oil balances remain tight and prices are comfortably pinned above $100 with risks to the upside, according to Enverus Intelligence Research’s latest PetroLogic report, Supply Constraints Dominate. In it, analysts outline their oil and gas fundamental view and price outlook for the near-to-medium term. EIR is a subsidiary of […]
Forward Curves, Part 3: How Do Curve Building Tools Work?
In our previous blog, Why Do Traders Need Forward Curves?, we identified some of the challenges that are faced when traders are trying to predict prices in the future. Curve building tools, such as CurveBuilder from Enverus, can automatically calculate and generate forward curves based upon multiple numerical inputs, through a very simple user interface. […]
Forward Curves, Part 2: Why Do Traders Need Forward Curves?
Energy trading companies need to know the current market price for all forward deals that were made on their trading desks so that they can properly evaluate every deal and generate a profit and loss (P&L) report and evaluate their risk exposure. This current market price comes from the forward curve, which is normally owned […]
Forward Curves, Part 1: What Is a Forward Curve?
Storing big quantities of energy products — gas, oil or even electricity — for later consumption is expensive and a logistical nightmare. However, energy consumers and producers have a desire to lock in the price today for energy that they need to use or produce in the future. Therefore, in energy markets, it is common […]
Summer Signals: Continued Price Volatility for Oil and Gas
Austin, Texas (May 25, 2022) — Enverus Intelligence Research, a subsidiary of Enverus, the leading global energy data analytics and SaaS technology company, has released its latest FundamentalEdge report focusing on its five-year supply, demand and price outlook. The report confirms that nearly three months into the Ukraine war, oil and gas markets remain tight […]
Experts Update LNG Demand Growth, Global Oil Demand, EV Adoption and Impact From US SPR Drawdown
Calgary, Alberta (May 11, 2022) — Enverus Intelligence Research, a subsidiary of Enverus, the leading global energy data analytics and SaaS technology company, has released a trio of reports that update their long-term LNG demand growth, near-term impacts to global oil demand and electric vehicle adoption, as well as the impact of the United States’ […]
Oil Price Forecasting and Geopolitical Risk
Calgary, Alberta (May 3, 2022) — Enverus Intelligence Research, a subsidiary of Enverus, the leading global energy data analytics and SaaS technology company, has introduced a new geopolitical risk index built to gauge market sentiment and better understand oil price movements beyond fundamental price forecasting. “By quantifying the geopolitical premium, we estimate how much of […]
Global Oil Supply, Demand & Prices Become Clear Despite the Fog of War
Calgary, Alberta (April 4, 2022) — Enverus Intelligence Research, a subsidiary of Enverus, the leading global energy data analytics and SaaS technology company, has released its latest PetroLogic report, The Fog of War. In it, EIR assesses the outlook for oil supply amid sanctions on Russian energy and what that could mean for prices in […]