Gerald Jansen

Latest articles from Gerald

• Saudi Arabia Reaps The Benefits Of Steepening Backwardation

  Published 31 August 2023 | viewed 9,265 times

  Oil prices globally have been firmly above $80 per barrel, however, the market at large has kept surprisingly mum about the key factor in the price…

• Tight Market For Sour Crude Lifts Middle Eastern Prices

  Published 26 July 2023 | viewed 1,980 times

  Saudi Arabia pledged to cut production right after the OPEC+ summit in early June, however, it took the market several weeks to see and properly…

• Middle East Defies Weakening Asian Market To Lift Prices

  Published 26 June 2023 | viewed 4,188 times

  One of the most drastic production cuts of the past years, Saudi Arabia’s pledge of reducing its crude output by 1 million b/d in July,…

• OPEC+ Cuts Fail To Boost Middle East Oil Prices

  Published 27 May 2023 | viewed 19,505 times

  The OPEC+ voluntary production cuts, on paper promising curtailments amounting to 1.66 million b/d, should have been the main story for May. Regrettably for many…

• Will Demand Concerns Force Middle East Producers To Cut Oil Prices

  Published 01 May 2023 | viewed 7,666 times

  Less than a month following the announcement of OPEC+ production cuts, oil prices have gone back to where they were before. As difficult as it…

• Will Banking Fears Force Middle East Producers To Cut Prices?

  Published 27 March 2023 | viewed 4,060 times

  The banking collapses that have sapped confidence in oil markets and brought oil prices closer to the $70 per barrel mark have been followed with…

• Middle East Producers Cannot Afford To Significantly Hike Oil Prices

  Published 01 March 2023 | viewed 9,571 times

  As the OPEC+ meeting in the first days of February only confirmed the oil group is intent on maintaining its strategy and will avoid sudden…

• Why Middle East Producers Cut Prices In The Face Of Soaring Chinese Oil Demand

  Published 30 January 2023 | viewed 12,867 times

  China is back, and even the most ardent skeptics of Beijing’s policy easing will be compelled to admit that there is great upside in global…

• The Top 5 Exploration Prospects of 2023

  Published 06 January 2023 | viewed 21,906 times

  Upstream companies are starting to adapt to an environment where oil prices will be higher for longer, one where OPEC+ production discipline and US shareholder…

• Middle East Producers Cautious To Hike Oil Prices At Start Of 2023

  Published 26 December 2022 | viewed 13,265 times

  Middle Eastern OSPs – December 2022 The oil markets have come full circle. In a year that saw the Russia-Ukraine war disrupt crude flows across…

• Middle East Oil Producers Under Pressure To Cut Prices Again

  Published 28 November 2022 | viewed 20,973 times

  The Middle East has been steadily reaping the benefits of its oil bounty throughout 2022, arguably one of the most successful years for the region…

• Middle East Producers Cautious To Hike Prices After OPEC+ Production Cuts

  Published 24 October 2022 | viewed 17,578 times

  Heading into November 2022 with the firm knowledge that intra-OPEC+ cohesion has been restored to the fullest and the oil group has been given a…

• Gulf Producers Hike Crude Prices Despite Recession Fears

  Published 25 July 2022 | viewed 10,668 times

  In hindsight, June 2022 might go down as the last month when the markets at large were still yet to go into full panic, acknowledging…

• Middle East Producers Move To Cut Prices As Extreme Backwardation Eases

  Published 25 May 2022 | viewed 81,951 times

  Recently, China made it clear that it plans to move away from its rigid string of lockdowns, arguably the main demand-curbing trend in Asia over…

• Middle East Producers Eager To Hike Prices As Russian Oil Ban Looms

  Published 20 April 2022 | viewed 8,558 times

  The volatility that we have seen in the oil markets over March will most certainly become part of history books. In the same month that…

• Saudi Arabia Hikes Oil Prices Despite Record Discounts For Russian Crude

  Published 28 March 2022 | viewed 89,719 times

  Russia’s invasion of Ukraine has simultaneously both eased and complicated the task of Middle Eastern national oil companies. On the one hand, it had pushed…

• Russia’s Invasion Leaves Global Coal Markets In Turmoil

  Published 09 March 2022 | viewed 7,113 times

  Just as oil prices soared above $115 per barrel and European gas prices moved up to $60 per mmBtu, coal markets have been suffering through…

• Middle Eastern Oil Nations Hike Prices As Production Falters

  Published 21 February 2022 | viewed 17,058 times

  When OPEC+ agreed on its 400,000 b/d monthly increases back in August 2021, the overwhelming expectation for the first months of 2022 was a gradual…

• Asian Refiners Underwhelmed By Middle Eastern Oil Prices

  Published 19 January 2022 | viewed 6,818 times

  Expectation is the root of all heartache, a proverb that resonates particularly well with Asian refiners at the moment after yet another set of monthly…

• Saudi Arabia Doubles Down On Asian Demand

  Published 27 December 2021 | viewed 17,410 times

  The rapid spread of the Omicron variant has been spooking the oil community at large and despite OPEC shrugging off any major demand disruption in…