by webmaster@petromatrix.com | Oct 20, 2017 | News
“There’s a little bit of profit-taking,” said Olivier Jakob, chief strategist at consultancy Petromatrix. “The market has really been treading a small range all of this week without any true momentum.” …Jakob said the deal with Rosneft “makes it a bit harder for...
by webmaster@petromatrix.com | Oct 18, 2017 | News
“It looks like these will be temporary disruptions,” said Olivier Jakob, managing director of consultants Petromatrix GmbH in Zug, Switzerland. “It’s in no one’s interest to shut off the pipeline. The Kurds need the money, while the Iraqis had international support...
by webmaster@petromatrix.com | Oct 17, 2017 | News
“The market is frightened by the shale oil band,” says Olivier Jakob at PetroMatrix, one of the first analysts to popularise the concept in the industry.“But it’s not just traders — we’ve seen indications from Opec and Russian oil companies that even they think going...
by webmaster@petromatrix.com | Oct 12, 2017 | News
“According to the IEA’s calculation, at the current level of OPEC production there will be no global stock draws next year,” said Olivier Jakob, managing director of consultants Petromatrix GmbH in Zug, Switzerland. “If the IEA is right, then markets will continue to...
by webmaster@petromatrix.com | Oct 10, 2017 | News
quote: “It’s direct competition to North Sea production on many different fronts,” said Olivier Jakob, managing director at Petromatrix GmbH in Zug, Switzerland. Where U.S. exports go to Asia, “it will be more difficult for the North Sea to push some of its barrels...