Highlights As the global economy moves toward shut-down, the Kingdom of Saudi Arabia (KSA) and Russia will be forced to end their market-share war and focus on shoring up their economies and tending to their populations’ welfare…
Highlights Our short EM equity index recommendation has reached our target and we are booking profits on this trade. The halt to economic activity will produce a global recession that will be worse than the one that took place in late…
Highlights Bear markets occur in phases, and their narrative can mutate. What began as a selloff caused by the coronavirus outbreak could well mutate into an oil crash-led selloff, and then mutate again into a selloff due to policy…
Yesterday, BCA Research's Commodity & Energy Strategy and Geopolitical Strategy services wrote that the OPEC 2.0 joint market-monitoring technical committee could meet again next week in Vienna. If they do meet, the agenda…
Last Friday, BCA Research's Commodity & Energy Strategy service argued that oil markets once again are faced with a possible price collapse – not unlike the swan dive seen when OPEC’s market-share war took prices from…
Highlights OPEC 2.0 ministers continue to negotiate oil production cuts to replace those expiring this month. We expect cuts of 1mm b/d – perhaps more – extending to end-June, undertaken to offset COVID-19-induced demand…