Latest News

JBC Energy In the Media
  • 17 January 2019

    Oil steady on supply optimism

    “‘Prices climbed very much in line with global stock markets, which received some support from indications by Chinese officials that Beijing is considering an economic stimulus package,’ consultancy JBC Energy said.”

    The Daily Star Bangladesh

  • 16 January 2019

    Asia Naphtha/Gasoline-Gasoline crack stays under pressure

    “‘We have large volumes of refining capacity geared towards gasoline or naphtha production coming online in the East of Suez this year,’ said Michael Dei-Michei, head of research at consultancy JBC Energy.”

    “‘For that reason we expect gasoline supply growth to outpace demand growth to the tune of about 200,000 bpd on average in 2019,’ said Dei-Michei.”

    Reuters

  • 15 January 2019

    Oil rises about 3 percent on economic stability hopes

    “‘It would seem that the market is having a rather hard time making up its mind as to which story to believe in,’ consultancy JBC Energy said.”

    Reuters

  • 15 January 2019

    Oil Moves Higher on Improving U.S.-China Relations

    “‘Essentially we have gone from pricing a recession back to a more moderate outlook within the span of just six weeks,’ according to analysts at consulting firm JBC Energy. ‘Recent optimism, among other aspects, has probably been built on the perceived improvement in U.S.-Sino relations, as well as China’s efforts to stimulate its economy,’ the analysts wrote in a note Tuesday.”

    The Wall Street Journal

  • 08 January 2019

    Oil prices up on trade talk hopes and OPEC cuts

    “Consultancy JBC Energy said it was likely that U.S. crude production was ‘significantly above 12 million bpd’ by early January.”

    Reuters

  • 05 January 2019

    This Week on the Frontiers, January 5th 2019

    “analysts at JBC Energy are pushing back on the many extreme, doomsday predictions made by bullish oil analysts and promoted by forces opposing the OPEC-member’s [Venezuela] socialist government”

    “‘In spite of most people talking about Venezuela being a bullish element for price formation, the average export flows out of the crisis ridden country have trended largely flat,’ in 2018 JBC said. The firm added that most of the supply forecasts for this year ‘have continued declines built in, and we have to wonder if this is still the best bet.’”

    The Wall Street Journal

  • 03 January 2019

    Oil prices decline on swelling oversupply, volatile markets

    “‘This is a continuation of the volatility afflicting commodities and oil with the last 24 hours marked by the release of various weak economic data points, particularly manufacturing PMIs, for major economies,’ consultancy JBC Energy said.”

    Reuters

  • 01 January 2019

    Oil Opens 2019 With Losses on Surging Supply, Signs of Economic Slowdown

    “‘We are most likely past the peak of this long economic uptrend,’ consultancy JBC Energy said in an analysis of 2018.”

    “‘Don’t underestimate shale producers and the wider U.S. oil industry in general. Too often this year the market pushed stories … bottlenecks (pipelines, frack crews, truck drivers, etc.), yet U.S. oil production will have grown by a massive 2+ million barrels per day between 1.1.2018 and 1.1.2019,’ JBC Energy said.”

    The New York Times

  • 31 December 2018

    U.S. oil ekes out a gain as futures close out declines for month, quarter and year

    “‘The key swing producers within OPEC+ do have meaningful spare capacity and are able to use it if they deem it necessary,’ analysts at JBC Energy wrote in a note Monday. ‘That said, it is nonetheless a difficult tool to use correctly in a world where forecasters tend to routinely underestimate U.S. production by several hundred thousand barrels per day.’”

    MarketWatch

  • 31 December 2018

    Oil Slumps to First Annual Loss Since 2015 to End Turbulent Year

    “‘We are most likely past the peak of this long economic uptrend,’ said analysts at JBC Energy GmbH in Vienna.”

    “Estimates from consultants JBC Energy on Monday showed they’ve already started to make good on that pledge as Saudi Arabia takes the lead in restricting production.”

    Bloomberg

JBC Energy News & Upcoming Events

Upcoming - See us in action

  • 24 - 25 January, 2019 - Amsterdam, the Netherlands

    12th European Oil Storage Conference 2019

    Platts

  • 31 - 01 January, 2019 - Antwerp, Belgium

    9th Middle Distillates Conference

    Platts

  • 25 February, 2019 - London, United Kingdom

    JBC Energy London City Briefing

    Join us for our JBC Energy City Briefing in London on 25 February 2019.

    For more information, contact us at conference@jbcenergy.com

    JBC Energy

  • 01 - 02 April, 2019 - Amsterdam, the Netherlands

    Argus Global Gasoline

    Argus

In the Past

  • 29 November, 2018 - Athens, Greece

    7th Annual Mediterranean Bunker Fuels Conference

    – Refining industry outlook post 2020

    Platts

  • 22 - 23 November, 2018 - Saint Petersburg, Russia

    Oil Terminal 2018

    – Russian refining industry: current status and challenges ahead

    Vostock Capital

  • 08 November, 2018 - Rotterdam, Netherlands

    3rd Annual Gasoline, Naptha & LPG Conference

    – China: Latest developments, challenges and new opportunities for the top of the barrel

    Platts

  • 22 October, 2018 - Riga, Latvia

    8th Baltic Oil and Gas Trading and Transportation Conference

    – The impact of Russia’s tax manoeuvre on regional trade routes for oil and petroleum products

    CCapital

  • 01 October, 2018 - Vienna, Austria

    10th Austro-Arab Economic Forum

    – Energy Outlook; Innovations and Markets

    Austro-Arab Chamber of Commerce

  • 25 September, 2018 - Belgrade, Serbia

    10th Oil Forum of the Energy Community

    – The Future of oil price in perspective and its impact on oil stocks

    Energy Community

  • 24 - 26 September, 2018 - Singapore

    34th Annual Asia Pacific Petroleum Conference (APPEC 2018)

    – Executive Panel: Is oil losing its place to cleaner fuel and alternative energy?

    Platts

  • 13 September, 2018 - Brussels, Belgium

    12th Annual European Refining Summit

    Panel Discussion Moderation

    – Crude flow dynamics: Examining how they have changed and why, and impacts for European refiners

    and

    – State of play for European refiners: latest on supply and demand, prices and profit margins, and consolidation movements

     

    Platts

  • 06 - 07 September, 2018 - Vienna, Austria

    JBC Energy Matters Seminar – VIENNA 2018

    We are excited to announce the Second Annual JBC Energy Matters Seminar, which will take place in Vienna on 6 & 7 September, 2018.

    JBC Energy Matters Seminar
  • 28 - 29 June, 2018 - Vienna, Austria

    1st Libyan-European Oil & Gas Summit

    – Global Market Trends – Libya in Focus

    NOC & HOT