Oil and Gas Analytics
Unplanned Oil Production Outages
The balance of supply and demand of crude oil has an impact on crude oil spot prices and the direction of travel in futures markets. This in turn has a significant impact on the economic valuation of energy assets, and far-reaching effects on industrial consumers.
Whilst supply and demand are balanced over the long term, significant short term shocks can be triggered by world events such as natural disasters, war, extreme weather, or disease outbreak. Storage inventories may change significantly as a result of this.