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OPEC+ cuts are on track to rebalance the oil market: JBC Energy

By | June 22nd, 2020|In The News|

Richard Gorry of JBC Energy: Based on the current recovery path for the oil market, OPEC+ cuts should be sufficient to balance the market by the end of 2020, including drawing down the oversupply in inventories. CNBC 

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Oil demand is slowing: JBC Energy

By | February 28th, 2020|In The News|

Johannes Benigni, chairman of JBC Energy Group, discusses the oil market and OPEC’s potential response to the coronavirus outbreak. CNBC 

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Asian gasoil profit margins surge to strongest Sept levels in 6 years

By | September 23rd, 2019|In The News|

“‘The key driver behind bullish middle distillates is anticipated demand from IMO 2020. However, we believe that the market is overly bullish,’ said Richard Gorry, managing director at JBC Energy Asia.” “‘We would expect middle distillate cracks to weaken from January onwards. Obviously this is also a major risk for those refiners and others who [...]

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Oil Prices Will Weaken Into September: JBC Energy Asia

By | August 16th, 2019|In The News|

Richard Gorry, Asia managing director at JBC Energy, discusses oil prices, production cuts and his outlook for the market. He speaks on “Bloomberg Markets: Asia.” Bloomberg

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US-China trade agreement will not have an immediate impact, oil expert says

By | May 8th, 2019|In The News|

Oil demand is not as strong, says Johannes Benigni, chairman and founder of JBC Energy Group. CNBC

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Expecting very volatile and very high oil prices, managing director says

By | April 23rd, 2019|In The News|

Whatever happens with prices, this will have an effect on supply, says Richard Gorry, MD at JBC Energy Asia. CNBC

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

By | March 12th, 2019|In The News|

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. CNBC

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We could see oil prices moving up, analyst says

By | February 28th, 2019|In The News|

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

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INTERVIEW: Johannes Benigni on the Current Oil Market

By | December 10th, 2018|In The News|

•  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 [...]

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

By | November 26th, 2018|In The News|

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. CNBC

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