Bjarne Schieldrop - SEB Bank

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Last quote by Bjarne Schieldrop

When refineries are not able to run on the U.S. coast, WTI light sweet crude is accumulating in Cushing, pushing down the price there. But it also means less light sweet crude is flowing into the market, which is supportive.feedback
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Aug 31 2017 Oil
We can learn a lot about a person if we know what types of things he or she talks about or comments on the most frequently. There are numerous topics with which Bjarne Schieldrop is associated, including OPEC and U.S.. Most recently, Bjarne Schieldrop has been quoted saying: “This is the march toward the flattening of the curve.” in the article Oil slips as Russia considers a future output boost.
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Bjarne Schieldrop quotes

Mar 01 2016 - Fracking

There is thus an increasing risk that the steep decline in U.S. shale oil rigs we have seen for weeks now may soon come to an end show an uptick rather than a further decline in a week or two.feedback

Feb 05 2016

The surplus situation continues to weigh on the front end while the softer dollar has been able to support the longer-term contracts, at least in Brent crude.feedback

Feb 01 2016

Part of the bullish action in Brent crude oil ... is from fundamentals in Asia where parts of the oil complex are supportive with very strong China imports of NGL (natural gas liquids) and Naphtha, which has put these products in backwardation both in Asia and in Europe.feedback

Jan 22 2016 - Snapchat

This is not a sustainable rally given the current surplus ... Either the longer-dated contracts need to be lifted along with the front-end rally or the front-end rally needs to fade and fall back.feedback

Jan 07 2016

All looks set for yet higher oil inventories on top of already record high levels.feedback

Jan 05 2016 - Sanctions

While we still expect the sanctions to be lifted, the latest events have definitely created some last minute risk that things may not move in the direction widely expected. If the sanctions are not lifted as planned it would clearly reduce the projected crude oil surplus for 2016.feedback

Aug 04 2015 - Qatar

You mix that with outages in Nigeria … and put Doha on top of it, and your eyes are looking towards the tightening of the market.feedback

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