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Oil prices could hit $80 per barrel in first half of 2019: JBC Energy

Johannes Benigni of JBC Energy explains why he says oil prices could hit $80 per barrel in the first half of 2019, before more supply comes online in the second half of the year. Prices could then slide towards $50 to $60, he says.


March 12th, 2019|

We could see oil prices moving up, analyst says

Richard Gorry, managing director at JBC Energy Asia discusses the oil prices and the OPEC’s relationship with the U.S.


February 28th, 2019|

INTERVIEW: Johannes Benigni on the Current Oil Market

•  Non-OPEC  members (especially Russia) play an increasingly important role in global oil balances.
•  The reasons why a country chooses (or does not) to be a member of OPEC are manifold, so the recent decision by Qatar to leave OPEC is not a sign of a clear trend.
•  The US shale supply is probably the most pressing issue right now, with the US having the biggest supply addition in 2018.
•  The production cut that OPEC+ agreed on is necessary, aiming to balance the market in (early 2019).
•  Oil prices are expected to stay around the $60-$65 range and stabilize there.

Al Jazeera America

December 10th, 2018|

The oil market is ‘clearly oversupplied’ now: JBC Energy

There was “more than enough” compensation for the Iranian lost barrels, and the now-oversupplied market requires more active management, says Johannes Benigni of JBC Energy.


November 26th, 2018|

JBC Energy chairman: OPEC must not allow oil prices to overheat

Johannes Benigni said the producer group is “going for OPEC 2.0.” 


June 22nd, 2018|

OPEC Output Falls to Lowest in a Year

Richard Gorry, JBC Asia managing director, discusses the impact of trade wars on oil demand. He speaks to Haslinda Amin on “Bloomberg Markets.” 


April 4th, 2018|
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