Olivier Jakob

Latest stories

4d
Swissinfo
New OPEC Freeze Wouldn’t Be So Potent as Gulf Rivals Pump Moresupported an agreement in April may now be less keen, or seek exemptions, becau
New OPEC Freeze Wouldn’t Be So Potent as Gulf Rivals Pump More
Swissinfo / Posted 4 days ago
supported an agreement in April may now be less keen, or seek exemptions, because they are suffering output losses, said Olivier Jakob, managing director at Petromatrix GmbH in Zug, Switzerland. Nigeria’s production is near a 27-year low as... Read more
45 related stories
5d
The Globe and Mail
Saudi signals it may hit new oil output record ahead of freeze talkscountries join a collective action plan, while it is the main source of supply
Saudi signals it may hit new oil output record ahead of freeze talks
The Globe and Mail / Posted 5 days ago
countries join a collective action plan, while it is the main source of supply increase – outside of Iran post sanctions,” Olivier Jakob at Petromatrix said in a note. In June, Saudi Arabia pumped 10.55 million barrels of oil per day, and lifted... Read more
91 related stories
6d
Reuters
Saudi signals it may hit new oil output record ahead of freeze talkscountries join a collective action plan, while it is the main source of supply
Saudi signals it may hit new oil output record ahead of freeze talks
Reuters / Posted 6 days ago
countries join a collective action plan, while it is the main source of supply increase - outside of Iran post sanctions," Olivier Jakob at Petromatrix said in a note. In June, Saudi Arabia pumped 10.55 million barrels of oil per day, and lifted... Read more
45 related stories
6d
CNBC
Saudi signals it may hit new oil output record ahead of freeze talksbpd. "It would therefore be a very hard sell for Saudi Arabia to have other co
Saudi signals it may hit new oil output record ahead of freeze talks
CNBC / Posted 6 days ago
bpd. "It would therefore be a very hard sell for Saudi Arabia to have other countries join a collective action plan, while it is the main source of supply increase - outside of Iran post sanctions," wrote Olivier Jakob from Petromatrix in... Read more
45 related stories
11d
Zero Hedge
Crude Spikes To 3-Week Highs After Biggest Surge In Open Interest In 10 Yearsin a row. This was a signal of the addition of length and more than just short
Crude Spikes To 3-Week Highs After Biggest Surge In Open Interest In 10 Years
Zero Hedge / Posted 11 days ago
in a row. This was a signal of the addition of length and more than just short covering, according to Petromatrix analyst Olivier Jakob. Increases driven by reported comments yday from Saudi Arabian oil minister Al Falih about balancing mkt, says... Read more
11d
Channel NewsAsia
Oil edges higher, helped by weaker dollarcomments. Now today there is a reassessment but the comments are probably not e
Oil edges higher, helped by weaker dollar
Channel NewsAsia / Posted 11 days ago
comments. Now today there is a reassessment but the comments are probably not enough to trigger a sustained rally," Olivier Jakob of consultancy Petromatrix in Zug, Switzerland said. An outlook published by the International Energy Agency... Read more
223 related stories
11d
FOX Business
Why Did Oil Reverse Course?comments. Now today there is a reassessment but the comments are probably not e
Why Did Oil Reverse Course?
FOX Business / Posted 11 days ago
comments. Now today there is a reassessment but the comments are probably not enough to trigger a sustained rally," Olivier Jakob of consultancy Petromatrix in Zug, Switzerland said. An outlook published by the International Energy Agency... Read more
223 related stories
11d
FOX Business
Why Did Oil Reverse Course?comments. Now today there is a reassessment but the comments are probably not e
Why Did Oil Reverse Course?
FOX Business / Posted 11 days ago
comments. Now today there is a reassessment but the comments are probably not enough to trigger a sustained rally," Olivier Jakob of consultancy Petromatrix in Zug, Switzerland said. An outlook published by the International Energy Agency... Read more
223 related stories
11d
The Globe and Mail
Oil flatlines after talk of possible exporter moves to prop up pricecomments. Now today there is a reassessment but the comments are probably not e
Oil flatlines after talk of possible exporter moves to prop up price
The Globe and Mail / Posted 11 days ago
comments. Now today there is a reassessment but the comments are probably not enough to trigger a sustained rally,” Olivier Jakob of consultancy Petromatrix in Zug, Switzerland said. An outlook published by the International Energy Agency... Read more
223 related stories
13d
BBC News
Mounting oil stockpiles to keep prices weakto let oil and petrol sit on ships in the expectation that they will get a high
Mounting oil stockpiles to keep prices weak
BBC News / Posted 13 days ago
to let oil and petrol sit on ships in the expectation that they will get a higher price in future months.Added capacity Olivier Jakob, analyst at Petromatrix in Zug, Switzerland, said that millions of barrels of storage capacity have been added... Read more
223 related stories
13d
Zero Hedge
Crude Plunges After Surprising Builds Despite Gasoline Draw And Production Cutsince then we’ve bounced back trying to regain the $45 level on Brent, but not
Crude Plunges After Surprising Builds Despite Gasoline Draw And Production Cut
Zero Hedge / Posted 13 days ago
since then we’ve bounced back trying to regain the $45 level on Brent, but not really making it,” says Petromatrix analyst Olivier Jakob, and the reaction in crude after the DOE data is mixed to higher... But the machines appear to have run out of... Read more
15d
FOX Business
Oil Prices Rise In Spite of Excess Supplycents, or 1.5%, to $44.95 a barrel on ICE Futures Europe. Stronger margins for
Oil Prices Rise In Spite of Excess Supply
FOX Business / Posted 15 days ago
cents, or 1.5%, to $44.95 a barrel on ICE Futures Europe. Stronger margins for refiners also helped lift prices Monday. Olivier Jakob, from Swiss-based Petromatrix cited an improvement in the gasoline crack margin, a technical term for the price... Read more
223 related stories
15d
FOX Business
Oil Prices Rise In Spite of Excess Supplya barrel on ICE Futures Europe. Stronger margins for refiners also helped lift
Oil Prices Rise In Spite of Excess Supply
FOX Business / Posted 15 days ago
a barrel on ICE Futures Europe. Stronger margins for refiners also helped lift prices Monday. Continue Reading Below Olivier Jakob, from Swiss-based Petromatrix cited an improvement in the gasoline crack margin, a technical term for the price... Read more
223 related stories
15d
Zero Hedge
Oil Spikes On Renewed OPEC Supply Cut Chatter, Just As Hedge Funds Turn Record Shortdeliveries. Several factors have boosted oil prices over the past three tradin
Oil Spikes On Renewed OPEC Supply Cut Chatter, Just As Hedge Funds Turn Record Short
Zero Hedge / Posted 15 days ago
deliveries. Several factors have boosted oil prices over the past three trading days. Among the more trivial ones, Olivier Jakob from Swiss-based Petromatrix was cited by the WSJ noting the improvement in the gasoline crack margin, a... Read more
223 related stories
28d
FOX Business
Oil Pares Losses After Falling to Lowest Since May Near $44at $42.95, having fallen to its lowest since April earlier. "Right now, there
Oil Pares Losses After Falling to Lowest Since May Near $44
FOX Business / Posted 28 days ago
at $42.95, having fallen to its lowest since April earlier. "Right now, there is not much to be optimistic about," said Olivier Jakob, oil analyst at Petromatrix, citing weak refining margins that will probably weigh on crude demand. "We have to... Read more
76 related stories
28d
FOX Business
Oil Pares Losses After Falling to Lowest Since May Near $44at $42.95, having fallen to its lowest since April earlier. "Right now, there
Oil Pares Losses After Falling to Lowest Since May Near $44
FOX Business / Posted 28 days ago
at $42.95, having fallen to its lowest since April earlier. "Right now, there is not much to be optimistic about," said Olivier Jakob, oil analyst at Petromatrix, citing weak refining margins that will probably weigh on crude demand. "We have to... Read more
76 related stories
28d
Business Standard India
Oil falls towards $44, lowest since May, on glut worriesat $42.70, having fallen to its lowest since April earlier. "Right now, there
Oil falls towards $44, lowest since May, on glut worries
Business Standard India / Posted 28 days ago
at $42.70, having fallen to its lowest since April earlier. "Right now, there is not much to be optimistic about," said Olivier Jakob, oil analyst at Petromatrix, citing weak refining margins that will probably weigh on crude demand. "We have to... Read more
76 related stories
28d
NBC News
Oil Falls Towards $44, Lowest Since May, on Glut Worriesat $42.70, having fallen to its lowest since April earlier. "Right now, there
Oil Falls Towards $44, Lowest Since May, on Glut Worries
NBC News / Posted 28 days ago
at $42.70, having fallen to its lowest since April earlier. "Right now, there is not much to be optimistic about," said Olivier Jakob, oil analyst at Petromatrix, citing weak refining margins that will probably weigh on crude demand. "We have to... Read more
76 related stories
28d
The Globe and Mail
Oil falls towards $44, lowest since May, on glut worriesat $42.77, having fallen to its lowest since April earlier. “Right now, there
Oil falls towards $44, lowest since May, on glut worries
The Globe and Mail / Posted 28 days ago
at $42.77, having fallen to its lowest since April earlier. “Right now, there is not much to be optimistic about,” said Olivier Jakob, oil analyst at Petromatrix, citing weak refining margins that will probably weigh on crude demand. “We have to... Read more
76 related stories
28d
FOX Business
U.S. Crude Falls Below $43 on Glut Worriesat $42.77, having fallen to its lowest since April earlier. "Right now, there
U.S. Crude Falls Below $43 on Glut Worries
FOX Business / Posted 28 days ago
at $42.77, having fallen to its lowest since April earlier. "Right now, there is not much to be optimistic about," said Olivier Jakob, oil analyst at Petromatrix, citing weak refining margins that will probably weigh on crude demand. "We have to... Read more
76 related stories
28d
FOX Business
U.S. Crude Falls Below $43 on Glut Worriesat $42.77, having fallen to its lowest since April earlier. "Right now, there
U.S. Crude Falls Below $43 on Glut Worries
FOX Business / Posted 28 days ago
at $42.77, having fallen to its lowest since April earlier. "Right now, there is not much to be optimistic about," said Olivier Jakob, oil analyst at Petromatrix, citing weak refining margins that will probably weigh on crude demand. "We have to... Read more
76 related stories

People in this news