ERCE Energy Review Q4 2019
Providing numerical insights and commentary on the oil & gas sector and the wider energy industry.
Q4 Energy Review
The Q4 2019 edition of the ERCE Energy Review, a quarterly that provides numerical insights and commentary on the oil and gas sector and the wider energy industry, is now available.
This issue covers:
- Oil & Natural Gas Trading prices
- Brent Future Oil Price Decks
- Oil Market Activity & Fundamentals
- Renewables – Energy Evolution and Incineration
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Who is ERCE?
ERCE is the United Kingdom’s leading employee-owned Oil and Gas Reservoir Evaluation firm. Headquartered in London with a growing office supporting the Asia-Pacific region out of Singapore.
At ERCE we specialise in all areas of upstream energy analysis. Our privately owned status enables us to give truly independent insights whilst working on reserves evaluation, commercial analysis, unitisation/expert services and technical studies.
Buckle Down. In the last quarter Saudi supply disruptions were offset by growing concerns of a global recession. Oil prices have fallen over the past quarter and forecasting firms have lowered oil price expectations.
Lately. Gas has become a more and more important part of the energy mix. In this Review, we have expanded our evaluation of natural gas, to include global supply and demand trends and the evolution of the LNG market.
Don’t Forget Me. OPEC continues to try to support oil prices, asking Nigeria and Iraq to adhere to group quotas. However, growing US production continues to limit OPEC capacity to control prices as US crude oil and liquids production broke through the 20 MMstb/d mark.
Green Heaven. In this issue of our renewables section, ERCE looks at incineration and its potential impact on global energy production.