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Oil market fundamentals: What's driving price sentiment in 2019?

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Listen: Oil market fundamentals: What's driving price sentiment in 2019?

The global oil market has seen major price volatility over recent months and the start of 2019 has proved equally rousing with prices on track to post their biggest weekly gain in over two years. With spot Brent trading over $60/b, the oil market remains acutely focused on the complex balancing act between demand/supply fundamentals which is shaping price sentiment in 2019.

S&P Global Platts senior writer for EMEA Oil, Robert Perkins, is joined by EMEA senior editor for oil, Nick Coleman, and senior OPEC reporter Herman Wang, to discuss the ongoing battle between OPEC+ and US shale, oil stock levels, geopolitical tensions and this year's outlook for global oil demand.


OPEC Dec crude oil output falls to six-month low of 32.43 mil b/d: Platts survey