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Philippe Waechter's blog

DIRECTOR OF ECONOMIC RESEARCH, OSTRUM AM

A dynamic and cyclical approach to the global economy

  • 1.2K views

The downturn trend in oil price will not reverse

  • 13 April 2020
  • International

Philippe Waechter

The question on oil is simple: demand has dropped by 30 million barrels / day & inventories are overflowing. If production is cut by 10 million it will not reverse…

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  • Oil Price
  • Oil Production
  • OPEC
  • 287 views

OPEC agreement: advantage Saudi Arabia

  • 23 June 2018
  • Oil

Philippe Waechter

The OPEC agreement on higher oil production will mainly benefit to Saudi Arabia which will gain market share on the oil market. The increase in oil production is global and…

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  • OPEC
  • Saudi Arabia
  • 297 views

Oil Ministers Back Raising Output Despite Iran's Walk Out – Bloomberg

  • 22 June 2018
  • Oil

Philippe Waechter

OPEC and its allies reached a preliminary agreement in the face of strong opposition from Iran to boost production by a theoretical 1 million barrels a day — the actual…

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  • Oil Production
  • OPEC
  • 268 views

My Daily Column – Lower oil price: A really good news

  • 28 November 2014
  • Daily Column

Philippe Waechter

Every morning I record a podcast in French (see here) on a specific topic. The text below is the translation of this morning podcast. The drop in oil price will…

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  • Counter oil Shock
  • Euro Area
  • Oil Price
  • OPEC
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