Estimated Contraction in Global Oil Demand by Product

Estimated Contraction in Global Oil Demand by Product Global oil demand is expected to see its first quarterly contraction in over a decade, due to the coronavirus pandemic. Image: J.P. Morgan Commodities Research

Global Crude Oil Demand

Global Crude Oil Demand Global demand for crude oil has fallen off a cliff, as the coronavirus pandemic spreads in the U.S. and around the world. Image: The Wall Street Journal

Brent Prices Forecast (Oil)

Brent Prices Forecast (Oil) Chart suggesting brent prices forced lower in 2020, and then move above $60/bbl next year. Image: BCA Research

WTI Spot Oil Price and Cash Floor

WTI Spot Oil Price and Cash Floor The chart suggests that there is a risk that oil prices move to cash costs. Image: Goldman Sachs Global Investment Research

DM Real GDP and WTI Crude Oil (Leading Indicator)

DM Real GDP and WTI Crude Oil (Leading Indicator) Chart suggesting that the 18-month rate of change of WTI crude oil (inverted) tends to lead DM real GDP by 18 months. Image: Topdown Charts