Asian Fixed Income/Frontier Market Research

Bondcritic

Bondcritic, established in 2009, is designed to be an independent credit research voice that helps investors gain insights and unbiased analyses on Asian fixed income market. Our mission is to discover deep-value Asian high-yield and distressed bonds with a bottom-up approach, together with the help of our proprietary ESG (Environmental, Social Development, and Governance) model. At the same time, we focus on bringing investment cases of unrated and unloved issuers to the general public.

Weekly Oil Views: Pricing in the Big-Picture View of US-China Trade War

Saudi Arabia Forced to Shut in 6% of World Oil Supply: Brace for a Price Spike

Saudi Arabia Has New Oil Minister: Won't Affect OPEC+ Strategy

Commodities Trading - Credit Risk

Alan Chong

Commodities

<p>Last Saturday’s attack on Saudi Arabia vital oil infrastructure at the Abqaiq and Khurais processing facilities which resulted in a temporary suspension of 5 to 6mn barrels per day (bbl/day) of crude oil production added to the current challenges facing oil producing nations (OPEC+ Group) at a time when oil demand is falling. This led to a spike in prices and a prolong high price (similarly when prices are low) can destroy demand, in our view. We found that demand growth for crude oil react differently at various price band levels. The relationship between prices and demand growth is not linear but the optimal price band appears to be USD35 to USD70/bbl where demand is stimulating.</p>

Last Saturday’s attack on Saudi Arabia vital oil infrastructure at the Abqaiq and Khurais processing facilities which resulted in a temporary suspension of 5 to 6mn barrels per day (bbl/day) of crude oil production added to the current challenges facing oil producing nations (OPEC+ Group) at a time when oil demand is falling. This led to a spike in prices and a prolong high price (similarly when prices are low) can destroy demand, in our view. We found that demand growth for crude oil react differently at various price band levels. The relationship between prices and demand growth is not linear but the optimal price band appears to be USD35 to USD70/bbl where demand is stimulating.

Commodity Critic: Right Sizing Crude Price in a Challenging Environment

Crude Oil

Commodity Critic: Right Sizing Crude Price in a Challenging Environment