Brent 5-Year Futures Price
Brent 5-Year Futures Price This chart shows that long-dated oil prices stayed relatively flat after attacks on Saudi Arabia’s oil infrastructure. Image: Goldman Sachs Global Investment Research
Brent 5-Year Futures Price This chart shows that long-dated oil prices stayed relatively flat after attacks on Saudi Arabia’s oil infrastructure. Image: Goldman Sachs Global Investment Research
Global GDP and Brent Crude Oil Price High oil prices can cause recessions. Image: MarketWatch
Eurozone Inflation and Brent Oil Prices This interesting chart shows the direct effect of brent oil prices (YoY % change) on euro area inflation. Image: Jeroen Blokland
WTI Price and Brent Price vs. Oil Inventory Oil inventories suggest that the price of oil is currently fairly priced. Image: Pictet Wealth Management
Brent Price vs. 10-Year Treasury Bond Yield vs. S&P 500 This chart shows that oil prices are a good indicator of global economic growth and investors are concerned about a global economic slowdown. Image: Pictet Wealth Management
Commodities – Commodity Prices In a non-recessionary environment, lower U.S. interest rates can lead to an increase in commodity prices, particularly metals, gold, and brent crude oil. Image: Goldman Sachs Global Investment Research
Oil and Gas – Commodity Price Forecasts BofA expects Brent crude oil prices to reach $100/bbl in September 2022. Image: BofA Global Research
Forecasts for Cumulative Total Oil Stock Builds by Region The Goldman Sachs forecast remains unchanged for Brent at $65/bbl by 3Q 2021. Image: Goldman Sachs Global Investment Research
Global Oil Consumption as a % of GDP and Global Recessions Chart suggesting that Brent crude prices need to exceed US$117 to push the global economy into recession. Image: Financial Times