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Vandana Hari
Vandana Hari
Vandana Hari is Asia editorial director at Platts and research scholar at McGraw-Hill Financial Global Institute

PortfolioRecent oil supply outages push equilibrium further down the road

Interrupted supply is returning gradually to the market, but this time around the oil market’s rebalancing is in uncharted territory due to unpredictable factors

Crude looks tentative on new perch in mid-US$40s

<p>US oil rig count is now down 80 per cent from its October 2014 peak</p>

PortfolioCrude clings to US$40s, eyeing Fed lift-off, Opec let-down

Labourers work at a refinery in Jingmen, in central China's Hubei province, in this December 8, 2006 file photo. Iran's oil sales look to be headed towards a six-month low in September 2015, down 16 percent from August, with tanker loading data showing Tehran is struggling to boost crude exports despite optimism over the landmark deal on its nuclear programme. The OPEC producer has been getting lukewarm responses from Asian buyers to offers of discounts in return for increased purchases as it tries to regain market share lost to rivals such as Saudi Arabia over the last 3-1/2 years of Western sanctions. August and September loadings - for arrivals in September and October - suggest imports by its main buyers in Asia are set to fall a second straight month in September, due to a seasonal drop in demand at the end of summer and as China takes its lowest volume of Iranian crude in nearly a year. REUTERS/Stringer/FilesCHINA OUT. NO COMMERCIAL OR EDITORIAL SALES IN CHINA

PortfolioCould demand destruction keep crude ‘lower forever’?

Wind turbines and an oil pumpjack work Tuesday, Oct. 27, 2015, north of Stanton, Texas. (James Durbin/Midland Reporter-Telegram via AP)
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MacroscopeSupply overhang and poor demand prognosis suggest oil has further to fall

Opec is expected to stand firm at its next meeting on December 4. Photo: AP
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EnergyCommoditiesMacroscope