This site requires JavaScript to be enabled. Please enable JavaScript in your browser settings, or upgrade to a modern browser.

S01 Ep45 Energy market update: Oil prices ease

Loading player...

Oil prices have softened again as the market seems to be increasingly confident that the war in Gaza will not disrupt supplies. Investec Head of Commodities Callum Macpherson looks at the dynamics at play.

Please note: this podcast is provided for information purposes only and should not be construed as an offer, or a solicitation of an offer, to buy or sell financial instruments. This podcast does not constitute a personal recommendation and is not investment advice.

7 Nov 2023 English South Africa Business

Other recent episodes

S04 Ep26 Energy Market Update: Energy crisis fears surge as Middle East conflict threatens global supply

Global energy markets have entered a critical phase, as geopolitical tensions in the Middle East threaten to spiral into a full-scale supply crisis. In this episode, we unpack the latest developments following Iran’s retaliatory strike on Qatar’s liquified natural gas facility, an attack that wiped out roughly 17% of its…

23 Mar 4 min

Middle East conflict: Counting the cost of disruption

Markets are sending a surprisingly calm signal in the face of escalating conflict with Iran. Oil prices are rising, supply chains are under pressure, and recession risks are quietly ticking higher, yet equities remain relatively steady. In the latest episode of No Ordinary Wednesday, Jeremy Maggs is joined by Investec…

18 Mar 20 min

S04 Ep25 Energy Market Update: Brent surges toward $120 before volatile retreat

Oil markets experienced extreme volatility last week as escalating geopolitical tensions in the Middle East created significant uncertainty around global supply. Brent crude briefly surged toward $120/b, its highest level since 2022, as it became clear the conflict in the region could be prolonged. Prices later fell sharply, briefly nearing…

16 Mar 4 min

S04 Ep24 Energy Market Update: Brent surges past $100 amid escalating Gulf tensions

With no sign of the Strait of Hormuz reopening, energy markets are facing an extraordinary supply shock. Around 20% of global oil supply has effectively become unavailable, pushing Brent crude above $100 per barrel for the first time since 2022. While an emergency G7 meeting to discuss a coordinated reserves…

9 Mar 4 min

S04 Ep23 Energy Market Update: Strait of Hormuz in focus: What escalation means for global oil

Brent crude surged above $80 per barrel, after escalating conflict in the Middle East sharply increased fears of disruption through the Strait of Hormuz, one of the world’s most critical oil shipping routes. Just days earlier, Brent had been trading near $73, with markets broadly assuming that US-Iran negotiations would…

2 Mar 6 min

All episodes