OPEC | AEGIS Hedging Solutions, LLC

Blog Oil & Gas

October 16, 2020

Oil Bulls May Need Patience

Crude oil prices in 2021 face an uphill battle with demand forecast to improve gradually and OPEC holding plenty of dry powder Our view on crude oil prices is neutral…

Jay Stevens

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Factor Matrix Crude Oil

October 23, 2020

AEGIS Factor Matrices: Most important variables affecting oil prices

Nick Hillman

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Blog Oil

September 8, 2020

Softness Among Saudi Oil Customers, Equities Are the Weight in Tuesday’s Prices

WTI decline of more than $3 led by Saudi Arabia’s shrinking official selling prices It’s a complicated day for oil, with multiple bearish factors stacking up over the long weekend.…

Matt Marshall

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Blog Oil

August 28, 2020

OPEC Committee Urges Strict Compliance on Cuts

During its Joint Ministerial Monitoring Committee (JMMC), the Organization of the Petroleum Exporting Countries (OPEC) and its allies called on members that are producing above target volumes to reduce output…

Jay Stevens

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Blog Oil

July 31, 2020

Refinery Runs up, Imports Down; Breaking Down the Largest Crude Draw This Year

Increased refinery activity and fewer imports contributed to a large 10.6 MMBbl decrease in crude stockpiles last week. Last week's draw of 10.6 MMBbls was the largest of the year,…

Nick Hillman

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Blog Oil

July 17, 2020

What if OPEC+ Keeps Producing to Match Returning Demand?

The cartel has enough spare capacity to match demand barrel for barrel through 2021. They could slowly open the taps on supply as demand slowly returns to pre-COVID-19 levels. This…

Jay Stevens

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Blog Oil

July 16, 2020

OPEC+ Plans 1.5 MMBBl/d Production Increase for August

The cartel's analysis (linked below) assumes rapid demand recovery Source article (opens in new tab): OPEC Will Relax Crude Output Cuts, Betting On Rebound In Economic Growth OPEC+ decided to…

Matt Marshall

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Blog Oil

July 14, 2020

OPEC+ Is Likely to Increase Production Soon

Saudi Arabia and OPEC+ are considering an August production increase, amid a recovery in demand Select members of the producer group will meet on Wednesday July 15 to discuss their…

Jay Stevens

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Blog

July 10, 2020

AEGIS Factor Matrices: Most important variables affecting oil & gas prices and interest rates

When prices move little, we are encouraged to keep our Factors unchanged. Still, a few are worth some attention. We still acknowledge the combination of OPEC+ Cuts, Production Decline, and…

Matt Marshall

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Blog

June 26, 2020

AEGIS Factor Matrices: Most important variables affecting oil & gas prices and interest rates

Bearish Factors weighed on both oil and gas prices this week. COVID-19. Oil retreated this week after record surges in coronavirus cases in some of the U.S.’s largest states. The…

Nick Hillman

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