Oil Prices and Events
Oil Prices and Events Elevated oil prices can have a detrimental effect on economic activity and overall economic outcomes. Image: Real Investment Advice
Oil Prices and Events Elevated oil prices can have a detrimental effect on economic activity and overall economic outcomes. Image: Real Investment Advice
U.S. Crude Oil The U.S. days of crude oil supply, including the Strategic Petroleum Reserve (SPR), have decreased to 46 days, which is a 40-year low. Image: BofA Global Investment Strategy
Oil Price vs. U.S. 10-Year Breakeven Inflation Rate The correlation between oil prices and U.S. breakeven inflation rates is strong. Image: BofA Global Investment Strategy
Oil – Brent Fair-Value Model J.P. Morgan expects Brent oil prices to exit the year at $86/bbl. Image: J.P. Morgan
WTI Oil Price vs. CPI Inflation (Leading Indicator) Oil prices tend to lead U.S. CPI inflation by 6 months. Image: Alpine Macro
Brent Crude Oil Will oil prices continue to fall on weaker economic outlook? Image: The Daily Shot
Brent Crude Oil Prices – Forecast vs. Forwards Will oil prices go higher in 2023? Image: BofA Global Commodity Research
Inflation – U.S. Headline CPI vs. Brent Crude Oil U.S. headline inflation is expected to ease amid falling oil prices. Image: J.P. Morgan
Oil Prices in Yen and Euros The near-term economic outlook for the Eurozone is bleak, while oil prices in euros are rising. Image: BofA Global Investment Strategy
Brent Crude Oil and Saudi Arabia Stock Market (Leading Indicator) Will oil prices remain high as global demand for oil continues to rise? Image: BofA Global Investment Strategy
Oil – World Primary Energy Consumption Will oil continue to dominate primary energy consumption? Image: Gavekal, Macrobond