Global Cross-Asset Energy Analyst, VAC Investments

Aaditya Chintalapati, CFA

Global Cross-Asset Energy Analyst

Thematic (Sector/Industry)

Sweden Oil, gas and consumable fuels / Thematic (Sector/Industry)

<h2>Oil Price</h2><p>We saw another strong week for WTI and Brent Crude prices, with both up c.2% to USD 56.74/bbl and USD 63.52/bbl, respectively. This is the highest oil price seen since mid-2015 and is driven by market anticipation of an extension to OPEC's production cut beyond March 2018. Further, heightened geopolitical risks in oil-producing countries in the Middle East (Saudi Arabia &amp; Lebanon) and Latin America also contributed to rising oil prices. This was however modestly moderated by growth in…</p>

Oil PriceWe saw another strong week for WTI and Brent Crude prices, with both up c.2% to USD 56.74/bbl and USD 63.52/bbl, respectively. This is the highest oil price seen since mid-2015 and is driven by market anticipation of an extension to OPEC's production cut beyond March 2018. Further, heightened geopolitical risks in oil-producing countries in the Middle East (Saudi Arabia &amp; Lebanon) and Latin America also contributed to rising oil prices. This was however modestly moderated by growth in…

Global E&Ps: Energy Weekly Vol. 1