Report
Ahmed Ben Salem

ODDO : IEA report: deficit risk taking shape, producer countries called on to keep their promises to avoid a further rise in oil prices

>Growth in demand still solid but not risk-free - The IEA maintains unchanged its demand growth estimates for 2018 at 1.4 Mb/d and at +1.5 Mb/d for 2019 to reach 100.8 Mb/d, i.e. a sustained pace. In OECD countries, demand is forecast to grow by close to +250 kb/d in 2018 and +260 kb/d in 2019 with solid growth in the US, a decline in Europe this year followed by growth of +95 kb/d in 2019, and a decline in Asia. The IEA expects global growth to remain solid at +3.9% ...
Underlyings
Repsol SA

Repsol is an oil and gas company. Co. is engaged in all the activities relating to the oil and gas industry, including exploration, development and production of crude oil and natural gas, transportation of oil products, liquefied petroleum gas (LPG) and natural gas, refining, the production of a wide range of oil products and the retailing of oil products, oil derivatives, petrochemicals, LPG and natural gas, as well as the generation, transportation, distribution and supply of electricity. Co. operates in more than 40 countries. Co.'s operations are divided into four segments: Upstream, Downstream, LNG and Gas Natural Fenosa.

Royal Dutch Shell PLC CEDEAR

Vanguard US Total Market Index

Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Analysts
Ahmed Ben Salem

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