Global Cross-Asset Energy Analyst, VAC Investments

Aaditya Chintalapati, CFA

Global Cross-Asset Energy Analyst

VAC Investments

Thematic (Sector/Industry)

Colombia Energy / Thematic (Sector/Industry)

<h2>Oil Price</h2><p>Crude continues its relentless rise, with Brent briefly hitting USD 80/bbl for the first time in 4 years this week, before ending the week at USD 78.87. WTI similarly ended the week at USD 71.53. Continued OPEC + Russia compliance on oil quotas, coupled with robust Asian demand amidst risks of prolonged Iranian export disruptions underpin the oil price rally, more than making up for steady US oil production growth. We would expect the broader upward trend to stay in the near-term, with…</p>

Oil PriceCrude continues its relentless rise, with Brent briefly hitting USD 80/bbl for the first time in 4 years this week, before ending the week at USD 78.87. WTI similarly ended the week at USD 71.53. Continued OPEC + Russia compliance on oil quotas, coupled with robust Asian demand amidst risks of prolonged Iranian export disruptions underpin the oil price rally, more than making up for steady US oil production growth. We would expect the broader upward trend to stay in the near-term, with…

Global E&Ps: Energy Weekly Vol. 17