Common Contracts

Contract

March 22nd, 2016

• Filed
  March 22nd, 2016

What’s Inside On The Platter Integrated Oil & Gas (The Freeze: Significantly Meaningful)The major oil producers are to meet on 17 Apr in Doha, Qatar. We believe that it is more likely than not that some sort of agreement is to be announced, providing further support to oil prices. The agreement comes at a time when shale oil producers’ retrenchments are severe enough that a rapid price response may now be difficult. However, a sustained oil price of USD45/bbl and above could entice such producers to come back on line. The freeze, should it happen, could put on hold 2.4mbpd of future OPEC production. This agreement is significant enough to be meaningful. Media Highlights♦ Government pitch to win back investors♦ JAS 4G default makes history♦ NLA approves tariff cuts for 524 IT items♦ KTB urges Thai SMEs to venture abroad♦ More staff reductions planned for Thai Airways