Olivier Jakob

Latest stories

10h
Market Watch
Crude-oil prices walloped as U.K. votes in favor of Brexitcore oil fundamentals are still unchanged, so I think we will have to wait a wh
Crude-oil prices walloped as U.K. votes in favor of Brexit
Market Watch / Posted 10 hours ago
core oil fundamentals are still unchanged, so I think we will have to wait a while for the dust to settle,” said Olivier Jakob of Switzerland-based Petromatrix. Despite losses, oil prices were still holding within a 20-day average, at... Read more
2d
The Globe and Mail
Oil rises further above $50 on API report, braced for Brexit volatilityfrom the U.S. Department of Energy. “What we have is basically the leftovers o
Oil rises further above $50 on API report, braced for Brexit volatility
The Globe and Mail / Posted 2 days ago
from the U.S. Department of Energy. “What we have is basically the leftovers of the reaction from the API report,” said Olivier Jakob, oil analyst at Petromatrix, of oil’s rally. “There is a risk that the DOE will not show a stock draw of the... Read more
28 related stories
2d
FOX Business
Crude Rises Further Above $50from the U.S. Department of Energy. "What we have is basically the leftovers o
Crude Rises Further Above $50
FOX Business / Posted 2 days ago
from the U.S. Department of Energy. "What we have is basically the leftovers of the reaction from the API report," said Olivier Jakob, oil analyst at Petromatrix, of oil's rally. "There is a risk that the DOE will not show a stock draw of the... Read more
28 related stories
2d
FOX Business
Crude Rises Further Above $50from the U.S. Department of Energy. "What we have is basically the leftovers o
Crude Rises Further Above $50
FOX Business / Posted 2 days ago
from the U.S. Department of Energy. "What we have is basically the leftovers of the reaction from the API report," said Olivier Jakob, oil analyst at Petromatrix, of oil's rally. "There is a risk that the DOE will not show a stock draw of the... Read more
28 related stories
8d
Everett Herald
World's crude oil glut could end in 2017to Bloomberg calculations.“Without the return of Libya, it will be difficult fo
World's crude oil glut could end in 2017
Everett Herald / Posted 8 days ago
to Bloomberg calculations.“Without the return of Libya, it will be difficult for OPEC to meet the call for 2017,” said Olivier Jakob, managing director at consultants Petromatrix GmbH in Zug, Switzerland. “That should lead to more structural... Read more
22 related stories
9d
The Age
Global oil market seen balanced in 2017, as long as OPEC resolves turmoilto Bloomberg calculations. "Without the return of Libya, it will be difficult
Global oil market seen balanced in 2017, as long as OPEC resolves turmoil
The Age / Posted 9 days ago
to Bloomberg calculations. "Without the return of Libya, it will be difficult for OPEC to meet the call for 2017," said Olivier Jakob, managing director at consultants Petromatrix in Zug, Switzerland. "That should lead to more structural stock... Read more
22 related stories
9d
Sydney Morning Herald
Global oil market seen balanced in 2017, as long as OPEC resolves turmoilto Bloomberg calculations. "Without the return of Libya, it will be difficult
Global oil market seen balanced in 2017, as long as OPEC resolves turmoil
Sydney Morning Herald / Posted 9 days ago
to Bloomberg calculations. "Without the return of Libya, it will be difficult for OPEC to meet the call for 2017," said Olivier Jakob, managing director at consultants Petromatrix in Zug, Switzerland. "That should lead to more structural stock... Read more
22 related stories
9d
Swissinfo
OPEC Turmoil Could Turn IEA’s Balanced Market Into Shortfallto Bloomberg calculations. “Without the return of Libya, it will be difficult
OPEC Turmoil Could Turn IEA’s Balanced Market Into Shortfall
Swissinfo / Posted 9 days ago
to Bloomberg calculations. “Without the return of Libya, it will be difficult for OPEC to meet the call for 2017,” said Olivier Jakob, managing director at consultants Petromatrix GmbH in Zug, Switzerland. “That should lead to more structural... Read more
22 related stories
9d
FOX Business
U.S. Crude Loses More Ground Below $50putting some market participants on the sidelines and contributing to the cap o
U.S. Crude Loses More Ground Below $50
FOX Business / Posted 9 days ago
putting some market participants on the sidelines and contributing to the cap on crude oil prices," Petromatrix strategist Olivier Jakob said. "Are you going to be buying aggressively ahead of that? Maybe not, because you don't know what is going... Read more
24 related stories
9d
FOX Business
U.S. Crude Loses More Ground Below $50putting some market participants on the sidelines and contributing to the cap o
U.S. Crude Loses More Ground Below $50
FOX Business / Posted 9 days ago
putting some market participants on the sidelines and contributing to the cap on crude oil prices," Petromatrix strategist Olivier Jakob said. "Are you going to be buying aggressively ahead of that? Maybe not, because you don't know what is going... Read more
24 related stories
9d
The Globe and Mail
Oil slides for fifth day as Brexit and inventory builds biteputting some market participants on the sidelines and contributing to the cap o
Oil slides for fifth day as Brexit and inventory builds bite
The Globe and Mail / Posted 9 days ago
putting some market participants on the sidelines and contributing to the cap on crude oil prices,” Petromatrix strategist Olivier Jakob said. “Are you going to be buying aggressively ahead of that? Maybe not, because you don’t know what is going... Read more
24 related stories
9d
FOX Business
Oil Slides for Fifth Day as Brexit and Inventory Builds Biteputting some market participants on the sidelines and contributing to the cap o
Oil Slides for Fifth Day as Brexit and Inventory Builds Bite
FOX Business / Posted 9 days ago
putting some market participants on the sidelines and contributing to the cap on crude oil prices," Petromatrix strategist Olivier Jakob said. "Are you going to be buying aggressively ahead of that? Maybe not, because you don't know what is going... Read more
24 related stories
9d
FOX Business
Oil Slides for Fifth Day as Brexit and Inventory Builds Biteputting some market participants on the sidelines and contributing to the cap o
Oil Slides for Fifth Day as Brexit and Inventory Builds Bite
FOX Business / Posted 9 days ago
putting some market participants on the sidelines and contributing to the cap on crude oil prices," Petromatrix strategist Olivier Jakob said. "Are you going to be buying aggressively ahead of that? Maybe not, because you don't know what is going... Read more
24 related stories
9d
Channel NewsAsia
Oil slides for fifth day as Brexit and inventory builds biteputting some market participants on the sidelines and contributing to the cap o
Oil slides for fifth day as Brexit and inventory builds bite
Channel NewsAsia / Posted 9 days ago
putting some market participants on the sidelines and contributing to the cap on crude oil prices," Petromatrix strategist Olivier Jakob said. "Are you going to be buying aggressively ahead of that? Maybe not, because you don't know what is going... Read more
24 related stories
15d
AllAfrica.com
Nigeria Losing U.S., India, Indonesia Oil Markets Over Attacksunusual development in its requests for sweet crude. "Not everybody wants to b
Nigeria Losing U.S., India, Indonesia Oil Markets Over Attacks
AllAfrica.com / Posted 15 days ago
unusual development in its requests for sweet crude. "Not everybody wants to be caught up in that, so they will avoid it," Olivier Jakob, managing director of PetroMatrix in Switzerland told Reuters. Indonesia's Pertamina, another frequent buyer,... Read more
44 related stories
15d
AllAfrica.com
Foreign Refineries to Stop Buying Nigeria's Crude Oil As Militants Rebuff Dialoguerecently re-emerged militancy in the Niger Delta suggests it is here to stay fo
Foreign Refineries to Stop Buying Nigeria's Crude Oil As Militants Rebuff Dialogue
AllAfrica.com / Posted 15 days ago
recently re-emerged militancy in the Niger Delta suggests it is here to stay for the foreseeable future." Also speaking, Olivier Jakob, Managing Director of PetroMatrix in Switzerland, said "not everybody wants to be caught up in that, so they... Read more
44 related stories
18d
The Globe and Mail
Stumbling U.S. dollar, Nigeria sabotage push up oil pricesany more upward movement then we need to see strength from products...but so fa
Stumbling U.S. dollar, Nigeria sabotage push up oil prices
The Globe and Mail / Posted 18 days ago
any more upward movement then we need to see strength from products...but so far the gasoline crack has been capped,” said Olivier Jakob, oil analyst at Petromatrix in Switzerland. The Muslim holy month of Ramadan starts on Monday and is seen as... Read more
7 related stories
18d
FOX Business
Stumbling Dollar, Nigeria Sabotage Push Up Oil Pricesany more upward movement then we need to see strength from products...but so fa
Stumbling Dollar, Nigeria Sabotage Push Up Oil Prices
FOX Business / Posted 18 days ago
any more upward movement then we need to see strength from products...but so far the gasoline crack has been capped," said Olivier Jakob, oil analyst at Petromatrix in Switzerland. The Muslim holy month of Ramadan starts on Monday and is seen as... Read more
7 related stories
18d
FOX Business
Stumbling Dollar, Nigeria Sabotage Push Up Oil Pricesany more upward movement then we need to see strength from products...but so fa
Stumbling Dollar, Nigeria Sabotage Push Up Oil Prices
FOX Business / Posted 18 days ago
any more upward movement then we need to see strength from products...but so far the gasoline crack has been capped," said Olivier Jakob, oil analyst at Petromatrix in Switzerland. Continue Reading Below The Muslim holy month of Ramadan starts on... Read more
7 related stories
20d
Deepika
Business News Detaileight cents higher at USd 50.12. "The price volatility before and after the OP
Business News Detail
Deepika / Posted 20 days ago
eight cents higher at USd 50.12. "The price volatility before and after the OPEC meeting has been marginal and confirms the newnormal of the market's lack of interest for OPEC," said Petromatrix analyst Olivier Jakob. Site Designed & Maintain... Read more
21d
Business Standard India
Brent crude oil holds above $50 on signs of rebalanceare maintaining their current momentum of supply destruction; this will also su
Brent crude oil holds above $50 on signs of rebalance
Business Standard India / Posted 21 days ago
are maintaining their current momentum of supply destruction; this will also support the flat price of crude oil," said Olivier Jakob, managing director of PetroMatrix. Bank of America Merrill Lynch also said that "seasonal dynamics, as well as... Read more
251 related stories
21d
The Globe and Mail
Brent crude oil holds above $50 on signs of rebalanceare maintaining their current momentum of supply destruction; this will also su
Brent crude oil holds above $50 on signs of rebalance
The Globe and Mail / Posted 21 days ago
are maintaining their current momentum of supply destruction; this will also support the flat price of crude oil,” said Olivier Jakob, managing director of PetroMatrix. Bank of America Merrill Lynch also said that “seasonal dynamics, as well as... Read more
251 related stories
22d
iol.co.za
Why oil traders want Yahoo! to thrivehave their Yahoo IDs printed on their business cards. “Everybody uses it and y
Why oil traders want Yahoo! to thrive
iol.co.za / Posted 22 days ago
have their Yahoo IDs printed on their business cards. “Everybody uses it and you keep your Yahoo wherever you go,” said Olivier Jakob, managing director at consultant Petromatrix, in Zug, Switzerland. A former oil-products trader at Cargill, he... Read more
22d
Channel NewsAsia
Oil set for third week of gains, OPEC debates output policyvery close (or at) maximum capacity and it has no spare production to leverage
Oil set for third week of gains, OPEC debates output policy
Channel NewsAsia / Posted 22 days ago
very close (or at) maximum capacity and it has no spare production to leverage against Iran," Petromatrix strategist Olivier Jakob said. Citi said it expected oil prices to rise above US$50 per barrel "in the near future" as attacks on oil... Read more
251 related stories
22d
FOX Business
Oil Set For Third Week of Gains, OPEC Debates Output Policyvery close (or at) maximum capacity and it has no spare production to leverage
Oil Set For Third Week of Gains, OPEC Debates Output Policy
FOX Business / Posted 22 days ago
very close (or at) maximum capacity and it has no spare production to leverage against Iran," Petromatrix strategist Olivier Jakob said. Citi said it expected oil prices to rise above $50 per barrel "in the near future" as attacks on oil... Read more
251 related stories
22d
FOX Business
Oil Set For Third Week of Gains, OPEC Debates Output Policyvery close (or at) maximum capacity and it has no spare production to leverage
Oil Set For Third Week of Gains, OPEC Debates Output Policy
FOX Business / Posted 22 days ago
very close (or at) maximum capacity and it has no spare production to leverage against Iran," Petromatrix strategist Olivier Jakob said. Continue Reading Below Citi said it expected oil prices to rise above $50 per barrel "in the near... Read more
251 related stories
1m
Channel NewsAsia
Strikes cripple French oil refineries, disrupt shippingevent. There will, therefore, likely be an import pull for diesel cargoes durin
Strikes cripple French oil refineries, disrupt shipping
Channel NewsAsia / Posted a month ago
event. There will, therefore, likely be an import pull for diesel cargoes during June and July," Petromatrix oil strategist Olivier Jakob said. A prolonged refinery strike in France in 2010 led to a glut of crude in Europe because it could not be... Read more

People in this news